As property values climb, more foreclosure auctions are resulting in excess proceeds, giving former owners a second chance to recover lost equity. But this money won’t automatically find its way back to you — it must be claimed.
“This is one of Florida’s least talked-about legal rights — and it can make a huge difference for families rebuilding after foreclosure,” said a housing advocate.
Claims must be filed with the circuit court that oversaw the sale, often with supporting documentation and identification.