Tallahassee, FL – April 2025
Many Florida homeowners don’t realize that they may be entitled to surplus funds after a foreclosure. These funds, left over after a property is auctioned for more than what’s owed, often go unclaimed. Legal experts are urging former property owners to check if they’re owed money.
“Surplus funds are not a gift — they’re legally owed to the former homeowner,” said Alicia Ramirez, a foreclosure specialist in Orlando.
Under Florida law, former owners or heirs may claim these funds through the court — but the window to do so is limited. Organizations like National Equity Agency help guide families through the process at no upfront cost.
