Surplus funds don’t always go straight to the homeowner. If the foreclosed property had other debts or liens—such as:
- Second mortgages
- Judgments
- HOA dues
- Unpaid property taxes
—those lienholders may be entitled to part or all of the surplus, depending on when their lien was recorded.
Florida, like many other states, follows a strict order of priority. That means older, recorded liens get paid before newer ones. If nothing remains after those claims, the homeowner may not receive any surplus.
