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Updated over 2 years ago on . Most recent reply

User Stats

61
Posts
19
Votes
Tyler Piciullo
  • Real Estate Agent
  • Fort Lauderdale, FL
19
Votes |
61
Posts

Florida Deal Analysis (Due Diligence) HELP THE NEWBIE!

Tyler Piciullo
  • Real Estate Agent
  • Fort Lauderdale, FL
Posted

Hey guys, quick question. I came across a seller who is in distress. I am looking at an ARV of $400K and they are ok with letting the property go at $200K. They have a mortgage on the property of around $75K and are behind one payment.

Question, how do I do my due diligence to see if there are any Hidden liens? Second mortgages? Judgements? Litigation? Etc...

I had someone tell me to use the county clerks office and other city sites etc...I had another person tell me to simply make a FOIA (public records request) for all the info.. please advise :)

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