Lis Pendens is the words you might find in Florida to indicate that a foreclosure has begun. After than there can a variety of legal activity showing the progress among the action to kick your Landlord among the company search house and with your own pet. In other parts of this country a Lis Pendens goes from the name Notice of Normal. Either means that an action is pending against that particular property.
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Many veteran real estate investors will not pay their taxes businesses year or sometimes even the last twenty-four. In Florida, if the taxes are not paid, the county will sell the tax certificates to individual investors may then spend taxes and collect interest from the real estate owner as soon as the owner finally pays the required taxes.