Affidavit Of Claim For Surplus Funds
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FAQ
In order to obtain this extra money, the homeowner must file a petition for surplus funds. The process is complicated and typically requires the assistance of an attorney. Homeowners in this situation are entitled to the surplus funds generated by the foreclosure process.
If there are any excess funds after paying taxes, costs, and all expenses of a sale made by the tax commissioner, tax collector, or sheriff, or other officer holding excess funds, the officer selling the property shall give written notice of such excess funds to the record owner of the property at the time of the tax ...
How to Claim Surplus Funds From a Foreclosure in Florida Provide Proof of Ownership. This step of the process is usually satisfied by providing a copy of the title that shows that you owned the property last. ... Verification of Surplus Funds. ... Reach out to Trustee. ... Submit a Claim For the Surplus Funds. ... Hearings and Motions.
IF YOU ARE THE PROPERTY OWNER, YOU MAY CLAIM THESE FUNDS YOURSELF. YOU ARE NOT REQUIRED TO HAVE A LAWYER OR ANY OTHER REPRESENTATION AND YOU DO NOT HAVE TO ASSIGN YOUR RIGHTS TO ANYONE ELSE IN ORDER FOR YOU TO CLAIM ANY MONEY TO WHICH YOU ARE ENTITLED.
A: The trustee who handles the foreclosure sale will usually deposit the surplus funds with the local clerk of court. To claim the surplus funds, you will have to provide documents to the court to show that you were the owner of the home at the time of the foreclosure sale.