On Monday February 7th, the Pasco County Foreclosure Registry became fully automated. They have partnered with Federal Property Registration Corp. who will be handling the initial paperwork registration. The Foreclosure Registry (Electronic Registration Portal) is now available online.
The registry will require mortgagees and owners to provide official contact information for a person or entity who will be responsible for compliance with applicable codes regarding maintaining and the prevention of blight. The key elements of the registry ordinance are as follows:
Must register within 10 days of filing foreclosure action / Lis Pendens
Pending foreclosures must be filed by April 1, 2011
Must complete registration form and pay $150 fee
A separate registration is required for each foreclosed property with a separate Tax Parcel ID number. If a single foreclosure covers four tracts, each with a separate tax parcel ID number, or if it covers a single tract which contains parcels with four separate tax parcel ID numbers, then four registrations (and four fees) are required
The registry applies to both residential and commercial properties in the unincorporated county. If the property lies within an incorporated area, such as the City of New Port Richey, the registry does not apply. You would want to check the tax records (PDF) to find out if a property is in an incorporated area