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Lis Pendens is the words you sees in Florida to indicate that foreclosed has commenced. After than there become a number of legal activity showing the progress of the action to kick your Landlord out of the house an individual with my man. In other parts in the country a Lis Pendens goes with the name Notice of Arrears. Either means that an action is pending against that particular property.

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Many veteran real estate investors won’t pay their taxes going back year or sometimes perhaps the last two yearsrrr time. In Florida, if the taxes are not paid, the county will sell the tax certificates to individual investors who will then cash taxes and collect interest from the home or property owner when the owner finally pays the required taxes.

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