FLORIDA – He thought he won a Tampa Bay gulf-front condo. Turns out he lost big.
TampaBay.com: He thought he won a Tampa Bay gulf-front condo. Turns out he lost big.
By Susan Taylor Martin
November 12, 2019
INDIAN ROCKS BEACH — Joseph Erickson owned a condo in this beachfront community but the view was of the Intracoastal Waterway, not the beach. So when he saw that a gulf-front condo in a nearby complex was up for sale at a foreclosure auction, he decided to try his luck.
On Sept. 23, 2018, Erickson won out over several other bidders and bought the condo for $385,000. He knew that $35,000 would go to the Happy Fiddler Condominium Association, which had filed the foreclosure case to collect unpaid dues. But he expected Pinellas County’s Clerk of Court would return the $350,000 “surplus” to him. Erickson hired a contractor and started renovating his new condo. Read more: