After an auction, the Clerk first pays what covers the foreclosed debt and costs. If money is left over (surplus), it's held subject to the court's order.
The order to claim it is set by law: first subordinate creditors with valid liens (second mortgage, HOA, judgments), and last the prior owner for whatever remains. You claim it by filing a motion or surplus-funds request in the case file, within the deadlines set by Florida statute 45.032.
Two important warnings: the auction buyer has no right to this money, and there are companies that charge steep fees to "help" claim surplus that the owner could request themselves. If you owned a property that was auctioned, it's worth checking the case file or consulting an attorney before handing over a percentage.
BIDROI computes the Strike Price, the BIDROI Score, and the legal risk for every Miami-Dade property.
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