SOUTH FLORIDA DEBT SETTLEMENT ATTORNEYS
PROTECTING YOUR INTERESTS WITH DYCK O’NEAL
Recent months have experienced an avalanche of less than savvy investors entering the foreclosure auction arena to try their luck on bidding on foreclosed properties. Many of these novice investors believe that they are getting a great deal because they are acquiring properties worth thousands for very little. What they do not realize, is that they are bidding on Homeowner Association and Condominium Association foreclosure liens. That is, that once they are the successful bidder and pay the fee to the county, the now own the property, often with a first mortgage and accompanying liens.
The Homeowner Association and Condominium Association foreclosure judgment and subsequent successful bid on the auction, does not wipe out first mortgages, second mortgages, or any liens on the property. It merely pays the association the maintenance and assessments the homeowners failed to pay. And the new Certificate of Title holder is left with a property that they can only rent temporarily until the mortgage company forecloses or obtains a judgment and places at auction as well..
HIRE AN ATTORNEY TO RUN A LIEN SEARCH PRIOR TO BIDDING
There are many things investors can do to protect themselves prior to bidding. First and foremost, hire an attorney to run a title search and examination and provide an Owners and Encumbrance letter. This typically costs between $150.00 to $200.00 and results in peace of mind. Knowing whether bidding is smart or not.
IF YOU ALREADY BID, NOW WHAT
Even if you bid and were the successful bidder and now acquired the property without examining title, there is still Hope. At the Law Offices of Jacqueline Salcines, PA we have helped hundreds of third party bidders negotiate the title back to the prior owner, and recuperate what they paid at the auction. Or, in the alternative, you may be able to negotiate with the private lender or bank to settle the mortgage amounts and remove the mortgage from the title.
At the Law Offices of Jacqueline A. Salcines, PA, the firms’ lead attorney, Jacqueline A. Salcines, Esq., brings extensive knowledge and expertise in the field of negotiating and settling debt for pennies on the dollar. We employ market knowledge, extensive litigation experience, contract and statutory knowledge, and take proactive and calculated measures to protect our clients. Our knowhow in debt settlement and oral and written contracts as well as negotiating them when they don’t go as planned, is what sets us apart.
With prompt intervention to resolve disputes amicably, without the need to litigate, we are here to get debt settled, without the necessity of filing for bankruptcy.
With more than 16 years experience, attorney Jacqueline Salcines has been practicing law with the need of her clients first. Upon calling the firm you get the feel of how the client is our first priority. We are here to help you with your purchase or sale and do so with hands-on legal experience.
Jacqueline Salcines, Esq. has been an accountant for over 20 years and an attorney for over 15 years. She brings her knowledge and experience to every real estate transaction. Let us go to work for you!
Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com
TRUST | COMMITMENT | RESULTS
JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
CORAL GABLES, FL 33146
TEL. 305 669 5280
DIRECT EMAIL: J.SALCINES