I've been building a system that does the whole foreclosure surplus file for you - owner pulled, surplus math done, liens verified against Official Records, skip traced. The Florida foreclosure batch is almost ready.
Tax deeds are next, and I want to get the workflow right before I build instead of guessing. For those of you deep in FL tax deed overages:
1. When there's a surplus (winning bid over the opening bid), does the whole amount go to the former owner, or do surviving lienholders get paid out of it first?
2. Which liens actually survive a FL tax deed sale - IRS, municipal, code enforcement, HOA?
3. Do you work these before the sale (estimated) or only after the actual winning bid is in?
I'd rather build it the way it really works than the way I assume it does. Any wisdom appreciated.