What is a Foreclosure Report?

A foreclosure report is a public record of a home that has been through the foreclosure process. The report includes information about the property, as well as the names of the previous owners. 

Why is it Important to Check for a Foreclosure Report?

Checking for a foreclosure report can give you some insight into the history of the property. For example, if the previous owner was foreclosed on due to financial difficulties, that could be an indicator that there are existing problems with the property (e.g., unresolved repairs). 

Checking for a foreclosure report can additionally help you avoid potential scams. There have been cases where people pose as homeowners in distress in order to sell properties that they don’t actually own. By checking for a foreclosure report, you can be sure that the person selling you the property is actually the rightful owner. 

Where Can I Find a Foreclosure Report?

Foreclosure reports are public records, which means that anyone can access them. However, they are not always easy to find. The best place to start is with your county’s recorder’s office or assessor’s office. 

Indian River County  |  St Lucie County  |  Martin County

You can also check online databases, such as RealtyTrac, which compiles data on foreclosed properties.

Checking for a foreclosure report is an important part of doing your due diligence when you’re buying a new home in Florida. By taking the time to look into the history of the property, you can avoid potential problems down the road.

Licensed Florida attorneys founded Fleet Title to bring high-quality, fast, and efficient title services to Florida's residential and commercial real estate markets. Our attorneys have closed real estate transactions for over 25 years. At Fleet Title, you will benefit from our experienced attorneys at the cost of a title agent. To learn more about the services offered in Vero Beach, FL, visit www.fleettitle.com, call (772) 224-3338, or email us at info@fleettitle.com.