This over 4,000 sf living and 6,000 sf total direct Intracoastal house built in 2002 is scheduled for foreclosure today at the Volusia County courthouse. We notice it from the publication, which is required by law.
Checked MLS, the house has never been on the market. Judgment amount is $1,014,000. Wonderful area of very expensive estate homes on large half-acre lots. The home has a pool and a deck for the boat.
I called a few investors and they showed some degree of interest. I called the owners and spoke to a lady. I asked her why it has never been on the market. She said they were doing loan modification, and they till the last minute naively believed that they could really get it. And when they were told “no” it was too late.
I am trying to explain to the lady, that we can try to go to the Lenders attorneys and postpone the foreclosure sale, if we have a valid contract on our hands. I am telling them that I have a buyer… but the lady keeps repeating that it is too late, and that I need to talk to her husband, who is not there. And that they are not in Daytona and not even in Florida…
I called later, but they did not answer. Left a message explaining that this is a chance for them to avoid foreclosure… they already are OK with the loss… no answer.
So unfortunate…so common. You are trying to give them a hand, and they prefer to drown.
Go figure…
Comments(21)