Tax Deed Auctions In Florida
If I own a tax certificate that has reached the two year max for redemption and I apply for a tax deed
at the tax deed auction if the bidding surpasses the base bid? Do I receive the total amount of the bid or just what I paid plus intrest.
EX: tax deed auction bid starts at $1000 (taxes plus intrest). It is bid up and purchased for $3000. Do I get $3000 or $1000?
I believe overages go to lienholders in order of priority, and anythng left over after that is for the (former) owner of the property.
You just get the interest. The overages go to lienholders, IE Governement then non government, 1st 2nd etc. then to the person on the title.
If it is going to Tax deed then you may want to see if you can talk to the owner about getting the property from him and bypass the tax deed sale entirely. If you just want to get paid, pm me I will gladly do a foreclosure.
Good Luck,
Kyle