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Excess Proceeds List

Published Jan 17, 25
3 min read


It's typically an attorney or a paralegal that you'll finish up talking to (delinquent tax liens list). Each area of program desires various info, however in basic, if it's a deed, they desire the assignment chain that you have. The most recent one, we really foreclosed so they had actually labelled the action over to us, in that situation we sent the deed over to the paralegal.

The one that we're having to wait 90 days on, they're making sure that no one else comes in and asserts on it. They would certainly do additional research, but they simply have that 90-day duration to ensure that there are no claims once it's closed out. They refine all the files and guarantee whatever's appropriate, after that they'll send in the checks to us

How To Get Tax Lien Properties

How To Find Tax Sale OveragesFree Tax Lien Property List


After that an additional just believed that concerned my head and it's taken place once, every currently and after that there's a duration prior to it goes from the tax department to the general treasury of unclaimed funds. If it's outside a year or more years and it hasn't been asserted, it might be in the General Treasury Division

If you have an act and it has a look at, it still would coincide process. Tax obligation Excess: If you need to redeem the tax obligations, take the residential property back. If it doesn't sell, you can pay redeemer taxes back in and obtain the residential or commercial property back in a clean title. Regarding a month after they authorize it.

Once it's approved, they'll say it's going to be two weeks due to the fact that our accountancy department has to process it. My preferred one was in Duvall Region.

Surplus Funds Foreclosure FloridaTax Default List


The areas always react with claiming, you do not need an attorney to fill this out. Anyone can load it out as long as you're a representative of the company or the owner of the residential property, you can fill out the documentation out.

Florida seems to be rather modern as for just scanning them and sending them in. foreclosure property taxes owed. Some desire faxes and that's the worst since we need to run over to FedEx just to fax stuff in. That hasn't been the case, that's just occurred on two areas that I can assume of

It possibly sold for like $40,000 in the tax obligation sale, but after they took their tax money out of it, there's about $32,000 left to assert on it. Tax obligation Excess: A great deal of counties are not going to offer you any additional info unless you ask for it however as soon as you ask for it, they're definitely practical at that point.

Tax Sales Overages

They're not going to provide you any kind of additional info or assist you. Back to the Duvall county, that's just how I got into an actually great discussion with the paralegal there.

Various other than all the information's online since you can just Google it and go to the region website, like we make use of naturally. They have the tax obligation actions and what they paid for it. If they paid $40,000 in the tax obligation sale, there's possibly excess in it.

They're not going to allow it obtain too high, they're not going to let it obtain $40,000 in back tax obligations. Tax Excess: Every region does tax repossessions or does foreclosures of some sort, particularly when it comes to building tax obligations. excess funds.

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