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Blog Posts in Foreclosure Surplus

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  • Fighting Over Florida Foreclosure Surplus Funds. Who Gets Them When The Owner Dies?
    Fighting Over Florida Foreclosure Surplus Funds. Who Gets Them When The Owner Dies?

    I have recently been hired on a case where family members are fighting over who is to receive the Foreclosure Surplus Funds when the original owner of the property has passed away. Normally, the funds ...

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  • What Factors Determine How Much Surplus You Will Receive From A Foreclosure Sale?
    What Factors Determine How Much Surplus You Will Receive From A Foreclosure Sale?

    Many of our clients hire us to help them obtain the Surplus from a Foreclosure Sale but they don’t know how much they are supposed to receive. What factors are involved in determining how much surplus ...

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  • Code Enforcement Liens vs. Florida Foreclosure Surplus Funds
    Code Enforcement Liens vs. Florida Foreclosure Surplus Funds

    We are often asked whether a client can retain Surplus Funds from a Foreclosure Sale of their property, only to find out later that there are several encumbrances on the property, including Code ...

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  • How is Covid-19 Impacting Florida Foreclosure Surplus Funds?
    How is Covid-19 Impacting Florida Foreclosure Surplus Funds?

    There are many Florida foreclosure surplus funds still pending in Florida courts. I have received calls from former homeowners questioning how Covid-19 may impact timelines in collecting these funds. ...

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  • Is It Necessary to Have an Evidentiary Hearing to Determine Who Gets the Funds From a Foreclosure Surplus?
    Is It Necessary to Have an Evidentiary Hearing to Determine Who Gets the Funds From a Foreclosure Surplus?

    Many of our clients are unsure what steps need to be taken to receive the surplus funds from their foreclosure sale. Often, it is required to have what is called an evidentiary hearing to determine ...

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  • What happens to the Florida foreclosure surplus funds if you are foreclosed on by a junior lienholder?
    What happens to the Florida foreclosure surplus funds if you are foreclosed on by a junior lienholder?

    Occasionally we have clients who have a surplus when they have been foreclosed on by their Homeowner’s or Condo Owner’s association, or from a second mortgage. Generally, these are considered to be ...

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