Profile picture for ftlMiro

Our home will be auctioned on Tuesday, what is Plaintiff Max Bid?

Our home will likely get auctioned on Tuesday at that online auction Broward County has going on.

Courious what a plaintiff max bid means? It shows that the Plaintiff Max Bid is $190,000 and that the property was appraised for $70,000 based on 2009 county appraisals, it's actually $66,000 for this year.
  • August 13 2010 - Fort Lauderdale
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Answers (4)

Profile picture for ohmdd
If plaintiff had max bid, can we bid lower?
  • April 20
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I am not a lawyer but this sounds like it is simply the maximum sum the party has expressed they are willing to pay.
  • October 15 2010
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If the bank bids during the auction, that is going to be their highest value for the property. If this amount is exceeded the bank cannot bid further.

  • October 13 2010
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Profile picture for rockinblu
Read Holly's answer on this thread.
  • August 13 2010
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