Vero Coastal Homes
                                                            Vero Beach Foreclosures & Short Sales

The First Stage of Foreclosure in Vero Beach Florida – Filing of Lis Pendens

     Florida is a judicial state, which means that when action is taken to foreclose
on a Vero Beach home, a notice of lis pendens must be filed in Indian River County where the property is located. Lis pendens is a term that means litigation pending. Lenders traditionally file when a Vero Beach homeowner is in default under the terms of their mortgage. When this information is filed, it becomes available to the public.

     A lis pendens notice lets the public know that a lawsuit has been filed regarding the property title. Filing of this notice “starts the clock” on the final action of foreclosure. The home may have been listed in the MLS for some time at a price higher than it’s value. Many people review these notices for potential Vero Beach foreclosure investments. Timing is important when it comes to lis pendens and Vero Beach foreclosure notices. If you have to sort through official files at the county courthouse or rely on legal foreclosure notices in the local newspaper, you lose precious time. As soon as Vero Beach Fl houses appear in the MLS as a "Short Sale" or with "Third Party Approval", you need to act quickly.

Make the comparison yourself by looking at the Indian River County Clerk Foreclosure List  

    When you subscribe to the listing notification from Vero Beach Foreclosures, you will receive an email with information on all properties that have changed to lis pendens status. This list will be tailored to your areas of interest and price range and can be foreclosures, short sales or distress sales of Vero Beach houses. Rather than waiting for information to be sorted, organized, and published for all to see, you can gain a jump on the competition by reviewing the information made available to our subscribers.
 

 
Vero Coastal Homes - Serving all areas of Indian River County - Vero Beach, Sebastian, Orchid Island, Johns Island, Sea Oaks, Riomar, Brookside, Fellsmere, Florida Ridge, Indian River Shores, Nevins, North Beach, Orchid, Oslo, Riomar, Roseland, Royal Poinciana Park, South Beach, City of  Vero Beach, Vero Lake Estates, Wabasso, Wabasso Beach, and Winter Beach