ForeclosureInfoThe purpose of this ForeclosureInfo page is to provide insight and tips necessary for locating information for due diligence research and provide an understanding of the information found. Home we purchased for 41% less than market value. 
WHAT INFO CAN BE FOUND WHERE? Foreclosure Info at: Clerk of Circuit Courts Office
ForeclosureInfo at: Property Appraisers Office
ForeclosureInfo at: Tax Collectors Office
I have supplied a link map to these offices for every county here. ForeclosureInfo/Florida County Office Directory ForeclosureInfo: Case Files
What you need from the file:
Note: Read every document in the foreclosure file, sometimes documents get out of order and you don't want a simple error to be made. Before you return the file there are two easy steps to making your future title research for this property easier. Create a chain of title: A chain of title is the sequence of historical transfers of title to a property. The"chain" runs from the present owner back to the original owner. In our situation, back to the earliest title in the case file. Example: Rachel Gomez(EE) 1/1/09 James Mikel(OR) Warranty Deed Book 223 Pg320 In the above example Rachel Gomez is the current owner, Grantee=EE is Buyer, Grantor=OR is Seller, chain ends with earliest conveyance. Create a Superiority Checklist based on type.
Example: If you can't create a superiority checklist for the property get a different file. A mistake in your checklist could cause your downfall. Make sure you write down the exact legal description for the property.
There has recently been some new law changes which affects what survives the issuance of a tax deed and certificate of title so you tax deed, mortgage foreclosure and certificate investors out there will definately want to have this important update to my information.
ForeclosureInfo: Using Property Appraisers Data
Back at the Property data card take note of the book and page of conveyances of the property. Most property data cards will contain the recent sales of the specific property. Do the book and page numbers of conveyances match the book and pages pulled from the foreclosure file, if so thats good. If not, I would recommend the new foreclosure investor seek a new prospect. There are a number of functions which can be performed and it varies by county. Some plat maps allow overlaying of health department data, so you can see septic system requirements, topographical overlays for elevation, public works overlays for municipal water lines, etc. Some counties allow non mapping sales records searches by subdivision or street. The most importantant data from this location is the comp data. Important data from the Property Appraisers office: prospect property address, features, values, property identification number, owner contact information, map and comp information.
ForeclosureInfo: Using Tax Collectors Data Most counties allow a tax records search from the home page of the Tax Collector. You will need the owners name, or tax id number. Typically there will be at least one year of unpaid property tax which will be in need of paying. In many counties if there is more than one year of taxes due you will have to call to get the tax payoff amount. If the property owner seems to have considerable equity in the home you may be better off to contact direct instead of waiting for the auction. The information found here is my opinion and should not be interpreted or construed as legal or professional advice. No legal or professional advice is being given and the use of this information is at the readers own risk and peril. It is advised that those considering this investment should seek qualified legal and professional services.
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