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My cousin was sick for a few years and out of work and Florida is auctioning his house. Will he get any money from it after the taxes are paid?

My cousin was sick for a few years and out of work and Florida is auctioning his house. Will he get any money from it after the taxes are paid?

(post is archived)

[–] 0 pt

If the property increased in value significantly, no worries. I've literally seen people underwater on a loan walk away with money post foreclosure because the sale value exceeded the loan.