In Florida — Buying Auction Homes

: Held after a bank has already repossessed a property at a foreclosure sale. These are often sold through private auction sites like Auction.com or Hubzu . How the Process Works

: Occur when a property owner fails to pay property taxes for at least two years. In Florida, these sales generally extinguish most mortgages and junior liens, though certain government or municipal liens may survive. buying auction homes in florida

Understanding the source of the auction is critical, as it determines which liens or debts you might inherit. : Held after a bank has already repossessed