Legal Question in Real Estate Law in Florida

Received foreclosure notice on a commercial property, called bank and was told it would be atleast 9 months before anything happened. That if I would list it with a broker that they would do a deed in lieu of foreclosure if I did not sell it. About 8-9 months later the building was put up for sheriffs sale, and when I have tried to contact bank by phone and email no one returns my calls. Therefore I have no idea of what is going on. I also never received a signed copy of the mortgage paperwork when we dinance building in 2006. What are my options?


Asked on 8/10/10, 6:34 pm

1 Answer from Attorneys
Shelly Schellenberg MI & FL private practice

Foreclosure defense is a specialized area of real estate law. There have been many new developments in Florida law, and commercial property presents its own challenges. The fact that the bank is not communicating with you is enough to tell you that you need an attorney to respond to the foreclosure notice. A real estate attorney will be able to respond to any court appearance notice appropriately, but you need to provide the details and facts as soon as possible. It sounds as if you have been "sitting" on this problem for a while. It's time to have an attorney determine the facts of your case and apply the law, to protect your interest in the property, as well as your financial interests.

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Answered on 8/15/10, 7:13 pm


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