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Central Florida continues to be among the leaders in foreclosure rates nationally. Using sophisticated case projection tools, the Clerk’s Office projects that approximately 500 residential properties in our area will be foreclosed on every month through 2018. That is one reason that led to the creation of a foreclosure information website.
Important Information Before You Send a Trial Notice. Please read the Foreclosure Non-Jury Trial Requirements. Foreclosure trials are heard one day per month by a senior judge. After you properly file a trial notice you will receive an order setting the case for trial.
SURPLUS FORM (Owner’s Claim for Mortgage Foreclosure Surplus) Pursuant to Section 45.032(3)(c), Florida Statutes, if no claim for surplus is filed within 60 days of issuance of the Certificate of Disbursements, the Clerk must appoint a surplus trustee from a list of State-authorized trustees.
AMERICANS FACE POST FORECLOSURE HELL AS WAGES GARNISHED, ASSETS SEIZED Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing.
Foreclosure sales are held online throughout the week at various times. The calendars for both tax deeds and foreclosures can be found on the auction sites. Sometimes a foreclosure sale is held at the courthouse, pursuant to the final judgment. These sales begin at 11 a.m. and are only held on Tuesdays. Payments
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Florida Mortgage Loans People who take out a loan to purchase residential property in Florida typically sign a promissory note and a mortgage. A promissory note is basically an IOU that contains the borrower’s promise to repay the loan, as well as the terms for repayment. The mortgage creates a security interest in the property.
Bank of America’s Real Estate Center is a great place to begin your search for Florida bank-owned homes. Your real estate agent and mortgage loan officer can help you understand the loan solutions available when purchasing a foreclosed home in Florida.
Foreclosure is the process of a lender repossessing a parcel of real property after the owner has failed to make the required payments as outlined in his/her mortgage. Depending on the type of mortgage, the property, once repossessed, may be resold by the mortgage holder without court supervision.
Note: Employees and family members residing with employees of Wells Fargo Bank, N.A., its affiliates or subsidiaries or Wachovia Corporation, its affiliates and subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or managed by Premiere Asset Services.