SURPLUS FUNDS COLLECTION
If your home sold in foreclosure and after the sale, there are funds left over, you may be entitled to collect those funds. This is called SURPLUS FUNDS, that is, the winning bidder paid more than the amount of the judgment. Pursuant to Florida Statutes, the homeowner and borrower is entitled to request the surplus funds which are paid to it by the Clerk of the Court.
There is certain eligibility requirements to make a motion for the surplus funds, including being the homeowner and others. And the courts generally give it to the first person that makes a bid. That means that the first person to file a motion and have it heard and granted by the Judge, will be the winning party.
At the Law Offices of Jacqueline A. Salcines, PA, we are keenly aware of the requirements for filing a Motion for Surplus Funds and have represented hundreds of homeowners in foreclosure, including those vying for such funds.
Allow my team of attorneys and accountants to go to work for you to file a Motion for Surplus Funds on your behalf.
At the Law Offices of Jacqueline A. Salcines, P.A., our lead real estate attorney brings over 15 years experience in the foreclosure, mortgage and real estate field as well as 20 in the accounting field. Ms. Salcines has been helping homeowners in foreclosure for over 10 years and is available by email to answer all your questions and concerns, without ever charging a consultation fee.
Call us today to set up an appointment to discuss your purchase or sale. We are here for you!
Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com