Legal Question in Real Estate Law in Florida
housse in foreclosure
My house went into forclosure and has since been sold. Am I entiled to any of the equity in the house and if so how do I claim it?
2 Answers from Attorneys
Re: housse in foreclosure
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
Yes, if you were in title, you are entitled to any excess above the amounts owed to the lender and any costs incurred. You will need to file a Motion for Distribution of Surplus with the Clerk of the Court. The Court may impose a fee to reopen the file which should be $50.00.
This is a complicated legal matter and I strongly suggest that you consult with a real estate attorney in your area.
Scott R. Jay, Esq., 305-249-8000
Re: housse in foreclosure
Mr. Jay's reply in on target. Follow it.