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    angelz921's Avatar
    angelz921 Posts: 73, Reputation: 3
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    #1

    Dec 28, 2008, 10:38 AM
    Buying a home at a Tax Deed Auction
    My husband and I are looking at purchasing a home at a Tax Deed Auction here in Florida. And have a few questions about what happens when it's all over. If a home is one after the bidding process when can we take ownership of the home i.e. get into the property and start remodeling and so on?

    If there are vehicles in the garage of the home would we have ownership of these as well?

    When we will be able to move into the property?

    Thanks so much!
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Dec 28, 2008, 02:03 PM

    Florida has a two year redemption period, what you get at the auction is a tax certificate, you hold it for two years and continue to pay the tax on it. If they want it back they have to pay you what you paid plus 18 percent interest ( I think) After 2 years you can file to get the deed on the property. After you do that, you would have to serve the people living there with eviction notice and follow eviction laws.
    angelz921's Avatar
    angelz921 Posts: 73, Reputation: 3
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    #3

    Dec 28, 2008, 02:59 PM

    There is no one living there, the house has been abandoned for two years. So that's one thing I don't have to worry about.

    Is there anyway around that 2 year thing?
    angelz921's Avatar
    angelz921 Posts: 73, Reputation: 3
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    #4

    Dec 28, 2008, 04:52 PM
    Florida Statute 197.562 states that: “Any person, firm, corporation, or county that is the grantee of any tax deed
    under this law shall be entitled to the immediate possession of the lands described in the deed. If demand for
    possession is refused, the purchaser may apply to the Circuit Court for a writ of assistance upon 5 days’ notice
    directed to the person refusing to deliver possession. Upon service of the responsive pleadings, if any, the matter
    shall proceed as in chancery cases. If the court finds for the applicant, an order shall be issued by the court
    directing the sheriff to put the grantee in possession of the lands.”

    Wouldn't this apply in my current situation?

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