Florida County Foreclosure Auction Questions
I am looking to purchase a home that is being offered at a county foreclosure auction in Pinellas County, Florida. I am wondering if anyone has any experience with this and can hopefully offer some advice or a good contact at BP.
1. If the auction finishes at a price lower then the final judgement who is responsible to pay the difference? Could I be responsible after purchase?
2. What is the difference between a private auction and a county auction? Why do some counties hold auctions why do others not? Is the county only trying to recover taxes etc and referring back to question 1, could I owe additional money if the bid does not meet the whole judgement (Ie will the bank put a judgement against my newly acquired title for the difference?)
3. If anyone has any good title companies in the Pineallas County area please let me know!
Thanks