Miami, FL – April 2025
When a foreclosed home sells for more than what’s owed in mortgage and liens, the extra money — known as surplus funds — is supposed to go back to the homeowner. But across Florida, millions of dollars in surplus are sitting unclaimed in court registries.
“We see it every week — families walking away with nothing, unaware they’re legally entitled to thousands,” said attorney Brandon Shaw of Fort Lauderdale.
The clock starts ticking the day the foreclosure sale is confirmed. Homeowners, heirs, or estate representatives must file a claim before the court reallocates the funds.
