In the State of Florida, if Your Home is Sold at a Foreclosure Sale What Are Your Rights Afterward?

If your home is sold under a foreclosure sale in the state of Florida, you need to know your rights before and after the sale is complete. Per state statute, Florida homeowners are able to contest the sale if they come to an agreement with the lender or pay the delinquent amount due prior to the foreclosure sale. After the sale is complete, the foreclosure can still be contested legally within ten business days; however, it is much more difficult to do so without an experienced attorney on your side. After that time has elapsed, a Certificate of Title will be issued to the new owner.

Upon the new owner’s receipt of the title, they can legally proceed with an eviction to have you removed from the property. The initiation of the eviction process through the court does not give the new owner the right to force you to leave immediately though. You are now the new owner’s tenant, and therefore proper notice of eviction must be given.

In many cases, a new homeowner may want to avoid a costly and potentially slow moving eviction process, by which they may offer you compensation to leave the property on your own. This could be a good way to help you move forward and start planning your next step toward your future. It is important for you to know your rights in order to protect your interests. Consulting a reputable real estate attorney is your best bet for doing just that.

Stephen K. Hachey, a Florida real estate attorney, can help your wade through this process and determine a positive solution. Contact him at 866-200-4646.

The opinions in this post are solely those of the author. The author takes full responsibility for the content. Like all blog posts, this is offered for general information purposes and does not constitute legal advice.