Florida Foreclosure Process

The Florida Foreclosure Process is administered through the State Court system. Watch the video to learn more as to how a bank forecloses on a home.

Florida is what’s known as a Judicial foreclosure state. What that means is that the bank or lender has to file a lawsuit to foreclose here in Florida. Believe it or not, some states don’t require a court administered foreclosure process.

Today’s video deals with the Florida Foreclosure Process. We get tons of emails and calls from existing and prospective clients about the whole foreclosure machine. Many homeowners don’t have the money to spend on attorneys and as such often obtain really bad information. In fact, many real estate agents aren’t really aware of the mechanics of the foreclosure lawsuit.

Each state may vary in their foreclosure process. Here in Florida we are a judicial foreclosure state meaning the bank must file a lawsuit to be able to take back the property.

While I am not an attorney, I have extensive experience in dealing with foreclosures. It is best that you seek advice from competent legal counsel. If you need assistance, we have attorneys that work on our team that will provide you with additional information and inform you of your options without you having to incur any upfront costs, expenses or fees.

As the foreclosure tsunami continues its pounding on the economy, I feel that it’s only prudent that homeowners in distress have somewhere they can turn to get some early advice on their situation. So this video was made with that in mind.

Please take a moment to view the video and if you have any questions please feel free to fill out the form below or call me at 954-709-7461 and it would be my pleasure to be of assistance to you.