Florida Foreclosure Auction Web Sites Confuse Consumers

 · A sheriff’s sale is a type of public auction where interested buyers can bid on foreclosed properties. In a sheriff’s sale, the initial owner of a property is unable to make their mortgage payments and legal possession of the property is regained by the lender.The lender will then attempt to sell it to recover some, if not all, of the outstanding mortgage balance.

Orange County has over 1000’s of properties coming up for foreclosure auction and now you can get in on the action. As of January 2010, Orange county has opened up their foreclosure auctions to online bidding.Take advantage of this opportunity and save 10’s of thousands of dollars or your next home or investment.

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Bidders will know which homes are the judicial foreclosures in Florida by the blue ‘Bid at County Site’ button on the property page or the phrase Foreclosure Sale listed above the auction date, time and location. In the instance that no "Bid at County Site" button is listed,

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If you’re looking for a good deal, you’ll find it at online auction websites. Cars, jewelry, clothing, books, homes, and land are all available at bargain prices at these bidding sites with their amazing variety and choice.

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Can I bid on a bank-owned home at AUCTION.COM? Is it much safer than a trustee auction? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

The FHA insures reverse mortgages so that lenders can recoup their entire investment, even if the home’s sale value is less than the balance of the loan. A 2015 study by the Consumer Financial..

Official website of the Florida Attorney General.. company may agree to a short payoff and write off the portion of your mortgage that exceeds the net proceeds from the sale. Deed-in-Lieu of Foreclosure:. You may also file a complaint with the Florida Department of Agriculture and Consumer.

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