Tax Deed Surplus
At Nexus Recovery Solutions, we specialize in helping individuals and businesses recover surplus funds resulting from tax deed sales across Florida. Many property owners and interested parties are unaware of their entitlement to these funds. We’re here to simplify the process and ensure rightful claimants recover what is owed to them.
What Is a Tax Deed Sale?
When property owners fail to pay property taxes, local governments may auction the property through a tax deed sale. The proceeds from the auction are used to cover delinquent taxes, interest, and administrative fees. If the property sells for more than the outstanding amount, the excess funds—called surplus funds—are held by the county.
Surplus funds may be claimed by:
- Former property owners
- Mortgage lenders
- Lienholders (e.g., HOA, contractors)
- Other creditors or interested parties
What Are Surplus Funds, and Who Can Claim Them?
Surplus funds represent the remaining balance after the tax bill and associated expenses have been satisfied. However, if the rightful claimants do not act within the required timeframe, these funds may be forfeited to the county.
Potential claimants include:
- Former Property Owners: Recover equity lost during the sale.
- Mortgage Holders: Lenders can reclaim the balance of their loan.
- Lienholders and Creditors: HOAs, contractors, and others with valid claims against the property can also file for surplus funds.
Navigating the claims process can be complex, particularly when multiple parties have competing claims to the same funds.
How Nexus Recovery Solutions Helps You Recover Surplus Funds
At Nexus Recovery Solutions, we handle the entire claims process to ensure you receive your funds quickly and efficiently. Here’s how we assist:
1. Eligibility Review
We analyze tax deed sale records to identify surplus funds and verify your eligibility as a claimant.
2. Accurate Filing with the County Clerk
Our team ensures all required documentation is complete and submitted correctly within the county’s deadlines.
3. Resolving Competing Claims
In cases where multiple parties file claims, we advocate on your behalf to prioritize your entitlement.
4. Claim Monitoring
We oversee the progress of your claim, addressing any issues that may arise to avoid unnecessary delays.
5. Legal Support for Disputes
If disputes or challenges occur, our team works diligently to protect your rights and secure the funds you’re owed.
Why Choose Nexus Recovery Solutions?
With expertise in the processes and regulations of all 67 Florida counties, we provide seamless service for surplus fund recovery. Our experience ensures claims are accurate, timely, and compliant with county-specific requirements.
Common Challenges in Tax Deed Recovery
- Unclaimed Funds: Many individuals are unaware of their right to claim surplus funds.
- Competing Claims: Multiple parties vying for the same funds can lead to disputes.
- Missed Deadlines: Delays in filing can result in forfeiting the surplus to the county.
- Complex Processes: Filing claims involves navigating detailed paperwork, legal documentation, and potential litigation.
Our Coverage
We serve all 67 counties in Florida, ensuring every eligible claimant has the opportunity to recover their funds.
Counties include:
Alachua | Baker | Bay | Bradford | Brevard | Broward | Calhoun | Charlotte | Citrus | Clay | Collier | Columbia | DeSoto | Dixie | Duval | Escambia | Flagler | Franklin | Gadsden | Gilchrist | Glades | Gulf | Hamilton | Hardee | Hendry | Hernando | Highlands | Hillsborough | Holmes | Indian River | Jackson | Jefferson | Lafayette | Lake | Lee | Leon | Levy | Liberty | Madison | Manatee | Marion | Martin | Miami-Dade | Monroe | Nassau | Okaloosa | Okeechobee | Orange | Osceola | Palm Beach | Pasco | Pinellas | Polk | Putnam | Santa Rosa | Sarasota | Seminole | St. Johns | St. Lucie | Sumter | Suwannee | Taylor | Union | Volusia | Wakulla | Walton | Washington
Start Your Claim Today
Recovering your surplus funds doesn’t have to be complicated. At Nexus Recovery Solutions, we handle the hard work so you can focus on what matters most. Contact us today to get started!