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Updated about 7 years ago on . Most recent reply

Miami Foreclosure process (from courthouse auction)
Has anyone here completed one of the courthouse foreclosure auctions before?
If so how was your experience in dealing with the remaining mortgages and the over-all process to clear the title?
Also how did you deal with prior owners that were still living there?
Most Popular Reply

Wayne Brooks
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,509
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IRS liens are essentially a non issue....they have 120 days to redeem (pay you back) and never do, the lien goes away. Your fees are 1.5% to the clerk of courts, 0.7% doc stamps, plus less than $100.