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Opening up the program today was the duo of Vanessa Tuttle and Vivian Viejo, Attorneys and Owners of Viejo Tuttle Attorneys at Law. Located at 1710 N 19th St in Ybor City, the pair focuses primarily on foreclosure defense but do work in other areas of law. Vivian and Vanessa are well known by many local judges and colleague attorneys for their fierce litigation and negotiation skills. They both have backgrounds working for large firms in the banking industry and they bring a unique perspective with regards to Real Estate and Foreclosures. As they once had inside knowledge on how the banking industry runs, they know how to get the best possible insight and deal for their clients. The pair met via Yoga and the discussion opens up with the story of how Vanessa attended Vivian’s yoga classes and the trio along with Josh enjoy a light-hearted discussion on the culture of yoga before moving into a discussion of buying and investing in real estate foreclosures. Jamie is also an expert in the sales of foreclosures having sold over 1600 foreclosed properties in the past 9 years. Once the property passes through the courthouse auction process and makes it to the general market, many liens are cleared but some do not and buyers need to take caution to ensure they buy a property without encumbrances. One area to pay close attention to is the HOA. HOA liens survive foreclosure in Florida and the new buyer would be responsible. In a typical transaction, the bank resolves the past due balance before transferring to another buyer on the general market but for those who buy at the courthouse steps, due diligence in this area is a must. Tax liens also survive foreclosure as do others so involving an attorney or title agent is a necessity when purchasing real estate. The trio also discuss the necessary information to know when dealing with tenants inside a foreclosed property and touch on the expired Protecting Tenants in Foreclosure Act and how Florida implemented a similar law.
Filetype: MP3 - Size: 17.97MB - Duration: 52:21 m (48 kbps 16000 Hz)
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