Brockton, MA asked in Foreclosure and Real Estate Law for Florida

Q: I purchased an estoppel letter for a house I hope to purchase at foreclosure auction in florida

The estoppel only said delinquent and in collections but had no dollar amount as I understand it if I purchase the property I will have to pay any delinquent amount owed by the previous owner but how would I know how much since it is not listed on the estoppel

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1 Lawyer Answer

A: If it is in collections it should have given the name and address of the attorney handling collections. You need to hire your own real estate lawyer before you bid on a foreclosure. There could be other liens that are not wiped out in a foreclosure.

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