Updated over 11 years ago on . Most recent reply
Contract Deed purchase on Foreclosure
Is it possible to do a contract deed purchase on a property that is in foreclosure in Florida? I found a property that we are interested in purchasing that that is 6 acres with 2 mobile homes being offered by owner as make an offer. After speaking with the seller have found that they have 30 days to vacate the premise as it is in foreclosure so they are trying to sell the property. Searches on county websites only find a closed case with Lis Pendens back in 2012. What would the risk be to purchase this property as the seller states that they are desperate to sell.