Miami Dade begin online Florida foreclosure auctions
The county of Miami Dade officially launched online bidding for foreclosures in Florida Monday, in a move that could speed the sale of huge numbers of distressed Miami real estate properties on the market, bringing together bidders from across the globe and launching hopes of an accelerated return to normalcy in the Miami real estate industry. 
The new system is managed by RealAuction.com based in Plantation and will completely replace the traditional courthouse procedure. Miami-Dade Clerk of Courts Harvey Ruvin said it is expected to save the county $750,000 per year while cutting out a lot of the paperwork that has weighed down the process. As it tries to balance a backlog of foreclosure cases and a reduced budget, the move comes at a good time for the foreclosure division of Miami-Dade Clerk of Courts office.
Full Article...Foreclosures in Florida, Miami Real Estate
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