Legal Question in Real Estate Law in Florida

My former fiance home was going into a foreclosure auction, but pulled this week, located in Boynton Beach, FL . It seems the RE Broker, who is also a RE Attorney, bought the house for $172,000.00. It also has several liens on this home. This entire dealing looks strange? Why would the Broker buy this home?


Asked on 11/22/13, 3:35 am

1 Answer from Attorneys
Barry Stein De Cardenas, Freixas, Stein & Zachary

The facts are beyond confusing. In foreclosure means your former fianc� still owns the home. Who did the "Broker" buy the home from? If he bought it from fianc�, my guess would be that he believes he can work out a deal with the lienholders and still make money on the house. Unless some undue influence occurred, nothing strange just an arm's length business deal.

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Answered on 11/22/13, 5:57 am


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