FLORIDA REMOTE SURPLUS REFERRALS AND RESOURCES PAGE:
PLEASE COMPLETE OUR INDEPENDENT SUBCONTRACTOR AGREEMENTTHIS IS AN ONLINE FORM, YOU WILL FILL OUT THE INFORMATION, SIGN AND SUBMIT TO US. THIS WILL HAVE TO BE FILLED OUT ASAP AND BEFORE WE WILL PAY YOU.
Independent Subcontractor Agreement
UPDATES TO FLORIDA REMOTE PROGRAM BELOW:
PLEASE READ ALL THE UPDATES, LIST GOES NEWEST TO OLDEST. NEWEST RULES OVERRULE OLDER RULES.
OLDER FILE PURGE - PINNED
ON JANUARY 1 EACH YEAR WE WILL PURGE OLDER SURPLUS FILES. THESE FILES WILL NO LONGER BE SHOWN ON THE SURPLUS UPDATE LISTS ON THIS DATE. WE WANT TO CLEAN UP OUR FILE LIST AND FILES WE HAVE AND PRIORITIZE FILES THAT CAN STILL BE WORKED. IF YOU WANT US TO STILL WORK YOUR FILE AFTER THIS DATE, PLEASE CHECK AND RESEARCH THE FILE AND SEE IF THE FUNDS ARE STILL BEING HELD BY THE COURT. IF THEY ARE, SEND US AN EMAIL WITH THE FILE NAME AND FILE NUMBER AS STATED ON THE LIST. YOU MUST NOTIFY US PRIOR TO THE PURGE DATE, NO EXCEPTIONS. WE WILL TREAT THIS FILE AS NEW AND RUN A NEW SKIP TRACING REPORT AND WORK AS A NEW FILE. IF FUNDS ARE GONE OR FILE CANNOT BE WORKED, YOU DO NOT HAVE TO LET US KNOW. ANYONE IS FREE TO WORK THE OLDER FILES IF THEY SUBMIT AS A NEW RESEARCHED FILE. GOING FORWARD WE WILL ONLY WORK SURPLUS FILES FOR 1-2 YEARS. EACH JANUARY 1, WE WILL PURGE FILES. PLEASE KEEP TRACK OF YOUR FILES. WE WILL NOT BE HOLDING ONTO ANY PURGED FILES UNLESS YOU RECHECK THE FUNDS AND NOTIFY US PRIOR TO THE PURGE DATE. THANK YOU FOR YOUR UNDERSTANDING. PLEASE DOWNLOAD AND REVIEW THE CHART BELOW TO SEE WHEN FILES WILL BE PURGED. THANK YOU.
SURPLUS FILE PURGE CHART.pdf
MIN SURPLUS AMOUNT RAISED TO $17,500 - POSTED 6/22/2022
AS OF 6/22/2022, WE ARE RAISING THE MINIMUM ALLOWED SURPLUS AMOUNTS FOR FLORIDA SURPLUS FUNDS FILES TO $17,500. ALL FILES THAT ARE UNDER $2OK THAT WERE ALREADY ACCEPTED UNDER THE OLDER RULE WILL CONTINUE TO BE WORKED AND ARE GRANDFATHERED IN. WE HAVE ALSO UPDATED THE CHAIN OF TITLE WORKSHEETS TO REFLECT THE NEW MIN SURPLUS AMOUNT. THANK YOU.
NOTIFICATION OF DECEASED CLAIMANTS - POSTED 3/11/2021
WE WILL DO OUR BEST TO NOTIFY YOU WHEN YOU SUBMIT A FILE WHERE THE EX-OWNER(S) ARE DECEASED. WE WILL NOTIFY YOU VIA EMAIL THAT WE CANNOT WORK THE FILE. YOU WILL THEN HAVE THE OPTION TO RESUBMIT THE FILE IF THE FILE NAMES ARE PERSONAL REP TO THE ESTATE OR NAMES HEIRS OF. WE WILL NOT 'HOLD' YOU FILE, IF YOU WISH TO RESUBMIT YOU WILL HAVE TO CEHCK THE LIST. AS WITH ALL KICKED BACK FILES, YOU WILL NOT GET CREDIT FOR THE FILE. WHILE NOT REQUIRED, YOU CAN CHECK YOUR TO SEE IF THE OWNERS ARE DECEASED BY USING A SKIP TRACING PROGRAM LIKE MICROBILT OR IDI DATA OR ANY OTHER SERVICE. YOU CAN ALSO CHECK OBITS.
UPDATE 8/20/2020 - UPDATED WORKSHEETS
1. WE ADDED FILE RULES SECTION. YOU MUST READ AND FOLLOW THE FILE RILES.
2. WE ADDED A REQUIRED CHECKBOX THAT YOU HAVE READ THE RULES AND UNDERSTAND AND AGREE TO THEM. THIS IS REQUIRED.
3. WE ADDED NEW REQUIRED DOCUMENTS TO BOTH TAX AND MORTGAGE SHEETS. YOU HAVE TO INCLUDE COPIES OF MORTGAGE RELEASES, THIS WAS ALWAYS REQUIRED, JUST NOT STATED ON THE WORKSHEET.
4. WE ADDED EX-OWNER DEED INFO TO TAX DEED SURPLUS WORKSHEET.
UPDATE 6/1/2020 - EX-OWNER THAT IS A BUSINESS (NEW FORM)
IF YOU ARE RESEARCHING A FILE AND THE EX-OWNER IS A CORP, LLC, LLP OR DBA (NO BANKS OR MORTGAGE CO), YOU NEED YOU FILL OUT THE NEW COMPANY ACCEPTANCE AND REQUIREMENTS FORM WITH YOUR SURPLUS FUNDS FILE. WE NEED YOU TO RESEARCH WHO THE CONTACTS FOR THE COMPANY ARE. THIS FORM MUST BE FILLED OUT OUR WAY OR YOU CANNOT SUBMIT THE FILE IF THE EX-OWNER WAS A COMPANY. SOME NOTES ABOUT THE FORM,
The business must show on a government run (State) site that it is active, we will not accept inactive companies. A copy of that page showing that is required. Third party, non-government sites, will not be accepted. To our knowledge, all sites showing a business is registered in that state end in .gov except Florida, whose site is sunbiz.org. To find the site, the best way is to put ‘search for a business in ((put state name in))’ into a Google search.
You must be able to get business owner(s) name(s) or officer(s) name. A ‘registered agent’ or ‘receiver’ or representative that is not an owner and/or officer will not be accepted.
THE FORM WILL BE LOCATED ON THE WORKSHEETS SECTION WHERE YOU DOWNLOAD THE UPDATED WORKSHEETS.
UPDATE 2/12/2020 - NEW RESEARCHERS PLEASE READ
2/12/2020 - AS OF 2/12/2020, OUR 3 FILE RULE HAS BEEN UPDATED. YOU STILL HAVE TO SUCESSFULLY SUBMIT 3 TOTAL FILES BEFORE YOU CAN SUBMIT AS MANY AS YOU LIKE. THE RULE NOW IS YOU HAVE TO SUBMIT 1 AT A TIME CORRECTLY AND HAVE IT ACCEPTED UNTIL YOU REACH 3 TOTAL. AFTER YOU HAVE 3 TOTAL ACCPETED FILES YOU CAN SUBMIT AS MANY AS YOU LIKE WITH NO RESTRICTIONS. THERE IS SO MANY NEW RESEARCHERS MAKING ERRORS (TOTALLY OKAY AT FIRST TO MAKE MISTAKES) IT ONLY MADE SENSE TO BRING THE NUMBER DOWN. THANK YOU FOR UNDERSTANDING.
UPDATE 8/1/19 - COMMISSIONS
PLEASE NOTE, STARTING 8/1/19, WE WILL pay commissions of 10% gross collected for both Tax and Mortgage/HOA surplus funds files. EXAMPLE - If total collected surplus is $50,000, we will pay THE researcher A commission of $5,000.
MAJOR UPDATE 6/26/19 - MAJOR CHANGE TO FL MORTGAGE AND HOA SALES
MAJOR CHANGE TO THE WAY MORTGAGE & HOA SURPLUS FUNDS IS HANDLED STARTING JULY 1, 2019. ALL MORTGAGE AND HOA FORECLOSURE SALES ON AND AFTER JULY 1, 2019 WILL NO LONGER HAVE A 60-DAY CLAIMS BAR FOR LIEN HOLDERS TO MAKE CLAIMS. THIS MEANS ALL DEBT NOW COUNTS AND RESEARCHERS MUST DO FULL TITLE WORK, THERE WILL BE NO MORE OPTION FOR NOT DOING TITLE. FORECLOSURE SALES BEFORE JULY 1, 2019 WILL STILL FALL UNDER THE OLD LAWS WITH THE 60 DAYS CLAIMS BAR. THERE WILL BE UPDATED WORKSHEETS FOR SALES AFTER JULY 1, 2019 ON THIS PAGE.
WE WILL UPDATE MORE INFORMATION AFTER JULY 1, 2019. AS OF RIGHT NOW, ALL SURPLUS CREATED AFTER JULY 1, 2019 WILL HAVE TO BE FREE AND CLEAR OF DEBT, SIMILAR TO NATIONAL SURPLUS FUNDS. WE WILL STILL ACCEPT DAYS OF SALE WITH ESTIMATED SURPLUS VALUES, BUT YOU WILL HAVE TO HAVE FULL TITLE DONE. TITLE WORK WILL CONSIST OF ALL RESEARCHERS CHECKING MORTGAGES, JUDGMENTS AND LIENS AS SHOWN IN THE FLORIDA REMORE SURPLUS FUNDS EBOOK.
UPDATE 5/10/19 - TAX DEED SURPLUS MUNICIPLE OR GOVERNMENT LIENS (120 DAY INFO)
IF YOU ARE SUBMITTING FILES THAT QUALIFY FOR THE 120 DAYS RULE, MEANING tax deed applications that have been filed on or after October 1, 2018. IF YOU SEE ANY MUNICIPLE CODE VIOLATIONS, IRS TAX LIENS OR GOVERMENT LIENS, THOSE WILL BE PAID OUT OF SURPLUS. PLEASE DO NOT SUBMIT FILES THAT HAVE MUNICIPLE CODE VIOLATIONS, IRS TAX LIENS OR GOVERMENT LIENS THAT WILL TAKE UP THE SURPLUS AND NOT LEAVE AT MIN $10,000 TO THE EX-OWNER. WE WILL NOT ACCPET THE FILE.
YOU MUST LIST ALL LIENS AND CALCULATE INTEREST RATE (IF NOT INT RATE LISTED, FACTOR 10%) OR PER DAY FEE, EVEN IF THE LIEN IS $200 PER DAY, IT ALL COUNTS.
UPDATE 3/8/19 - MAJOR CHANGE TO TAX DEED SURPLUS
Florida law now mandates that any lienholder MUST file a claim for the tax deed surplus funds within 120 days AFTER THE SALE AND AFTER THEY RECIEVE NOTICE OF SURPLUS. THIS IS NOW SIMILAR TO HOW FLORIDA MORTGAGE AND HOA SURPLUS USED TO WORK, EXCEPT THE DEADLINE FOR LIENHOLDERS TO CLAIM IS 60 DAYS FOR MORTGAGE/HOA FILES.
This 120 day deadline starts on the date stated in the Clerk’s SURPLUS notice that is sent out to all interested parties. While the law IS in effect currently, the deadline will only apply to any tax deed applications that have been filed on or after the October 1, 2018 deadline. if a subordinate lien holder files on the 121st day, the Clerk will be able to deny their claim.
pLEASE VIEW THIS DOCUMENT FOR MORE INFORMATION ON THIS RULE: Change to FL Tax Deed Surplus.pdf
YOU MAY BEGIN TO SUBMIT FILES.
UPDATE 8/6/18 - DAY OF SALE FILES, PLEASE READ!!
PROPERTY MUST SELL TO 3RD PARTY BIDDER IF YOU ARE WORKING DAY OF SALE MORTGAGE AND HOA FILES. PROPERTIES SOLD AT AUCTION TO PLAINTIFF WILL NOT BE ACCEPTED. IF AFTER THE SALE, YOU CAN VIEW THE CERTIFICATE OF DISBURSMENTS, AND THAT SHOWS A SURPLUS RETAINED BY CLERK, YOU CAN SUBMIT. THIS INFORMATION IS ALSO FOUND IN THE 'STEP BY STEP TO WORKING DAY OF SALE' IN THE 3/26 UPDATE.
UPDATE 6/18/18 - FORECLOSURE SALE CANCELLATIONS AFTER THE SALE RULE
NOW THAT WE ARE BACK TO DAY OF SALE FOR FLORIDA MORTGAGE AND HOA SALES, YOU MAY RUN ACROSS FILES THAT THE SALE WAS CANCELLED AFTER THE SALE. THESE CAN BE FILES THAT HAVE ALREADY BEEN SUBMITTED. IF ANOTHER RESEARCHER SUBMITS A FILE THAT YOU HAVE ALREADY SUBMITTED, AND THEIR FILE IS THE MOST CURRENT, MEANING IT HAS THE NEW SALE DATE AND SALE INFO, THEY WILL NOW BE CREDITED WITH THE FILE. THE REASON IS ONCE A SALE IS VACATED AND PUT BACK ON THE AUCTION CALENDER AND RESOLD AT A LATER DATE, THERE IS A NEW SALES PRICE, DATE AND SURPLUS. IT IS IMPORTANT FOR YOU TO KEEP TRACK OF YOUR FILES AND CHECK.
UPDATE 3/26/18 - DAY OF SALE IS BACK!
YOU CAN NOW SUBMIT FLORIDA MORTGAGE AND HOA FORECLOSURE SALES THE SAME DAY THE FORECLOSURE TAKES PLACE. THIS IS AND OLD RULE THAT WE ARE BRINGING BACK. YOU NO LONGER HAVE TO WAIT FOR CERT OF TITLE TO SUBMIT A FILE. ALL YOU HAVE TO DO NOW IS GO TO COUNTY FORECLOSURE AUCTION SITE, CHECK SALE LIST AND RESEARCH PROPERTIES THAT HAVE SOLD FOR OVER THE JUDGMENT AMOUNT BY AT MIN $15,000.
BECAUSE YOU ARE ESTIMATING THE SURPLUS AMOUNT BY SUBTRACTING THE JUDGMENT AMOUNT FROM THE SALES PRICE WE WILL ONLY ACCEPT FILES WHERE THERE IS AN ESTIMATED SURPLUS AMOUNT GREATER THAN $15,000. THIS IS TO ALLOW A CUSHION IN CASE THERE ARE ADDED FEES. PLEASE REMEMBER THAT AN OVERAGE IS ONLY CREATED WHEN THE SALES PRICE IS HIGHER THAN THE JUDGMENT AMOUNT.
DO NOT SEND IN FILES WITH ACTIVE MOTIONS TO CANCEL AFTER THE SALE, CHECK AND READ THE DOCKET!!
YOU CAN SUBMIT THE FILE AS SOON AS THE SALE IS FINISHED ALONG WITH ALL SUPPORTING DOCUMENTS.
LEARN MORE ABOUT DAY OF SALE FILES HERE - STEP BY STEP TO WORKING DAY OF SALE.pdf
LIST OF FL MORTGAGE/HOA AUCTION WEBSITES - FLORIDA MORTGAGE HOA AUCTION SITES.pdf
UPDATE 3/26/18 - UPDATED WORKSHEET FOR FL MORTGAGE AND HOA FILES
CERTIFICATE OF TITLE IS NOT REQUIRED FOR DAY OF SALE FILES SINCE IT WOULD BE BE ISSUED YET. IF THE CERTIFICATE OF TITLE HAS BEEN ISSED, PLEASE NOTE THE DATE STATED ON THE DOCKET FOR THAT ACTIVITY.
IMPORTANT NOTE - IF YOU CAN VIEW THE CERTIFICATE OF DISBURSEMENT, LIKE IN MIAMI-DADE FOR INSTANCE, PLEASE OPEN THAT DOCUMENT AND USE THAT SURPLUS AMOUNT AS VERIFIED.
MAJOR UPDATE 8/14/17 - UPDATE TO WORKSHEET AND MORTGAGE/HOA FILES
STARTING 8/14/17, WE HAVE UPDATED THE WORKSHEETS FOR FL REMOTE MORTGAGE AND HOA FILES. WITH THIS UPDATE, THERE ARE CHANGES TO OLD FIELDS A FEW NEW FIELDS THAT ARE REQUIRED.
*8/14/17 UPDATES TO WORKSHEET - PLEASE USE MOST RECENT UPDATED WORKSHEET. FILES WILL BE KICKED BACK USING OLDER WORKSHEET.
1. DEED HOLDERS AT TIME OF LIS PENDENS - THIS FIELD USED TO SAY AT TIME OF FORECLOSURE SALE. ACCORDING TO FL LAW, THE DEED HOLDER AT TIME OF LIS PENDENS ARE ENTITLED TO SURPLUS, EVEN IF PROEPRTY TRANSFERRED AFTER THIS DATE AND BEFORE THE FORECLOSURE, THIS IS UNIQUE RULE ONLY PERTAINING TO FLORIDA. THE LIS PENDENS DATE WILL SHOW ON THE ONLINE DOCKET/CASE HISTORY.
2. DEED RECORDATION DATE & BOOK/PAGE - WE WANT YOU TO TELL US ON PAGE 1 THE RECORDATION DATE OF THE DEED AT TIME OF LIS PENDENS ALONG WITH THE BOOK AND PAGE REF. YOU ARE ALSO INCLUDING A COPY OF THE DEED WITH THE FILE.
3. LIS PENDENS DATE - THIS IS DATE OF THE LIS PENDENS, WHICH IS THE START OF THE FORECLOSURE CASE PROCEEDINGS. YOU WILL SEE THIS ON DOCKET/CASE HISTORY REPORT NEAR THE BEGINNING OF THE CASE HISTORY.
4. CERTIFICATE OF TITLE DATE - (IF ISSUED AT TIME OF FILE ACCEPTANCE) PLEASE WRITE DOWN CERT OF TITLE DATE IF ISSUED, USALLY 2-3 WEEKS AFTER SALE. YOU CAN LEAVE BLANK IF CERT OF TITLE HAS NOT BEEN ISSUED YET.
IMPORTANT NOTE - WHEN CHECKING DOCKET, ANY MOTIONS TO CANCEL THE SALE MUST BE RESOLVED PRIOR TO SUBMITTING THE FILE TO US. THIS GOES FOR CLAIMS FOR SURPLUS, CHECK THE DOCKET FOR SURPLUS CLAIMS. IF THE OWNER IS CLAIMING OR A SURPLUS TRUSTEE, DO NOT SEND IN THE FILE. IF A LIEN HOLDER IS CLAIMING, YOU CAN SEND IN IF YOU CAN READ THE CLAIM AND IT WILL STILL LEAVE AT MIN $15,000 AFTER THE CLAIM.
UPDATE 1/19/17 - UPDATE TAX DEED WORKSHEET
WE UPDATED THE CHAIN OF TITLE WORKSHEET FOR TAX DEED SALE OVERAGES. WE ARE NOW REQUIRING THE COPY OF THE OWNERS DEED LIKE WE DO WITH MORTGAGE/HOA SALES. ANY FILES TURNED IN WITHOUT THIS INFORMATION WILL BE KICKED BACK.
UPDATE 1/6/17 - NOT ABLE TO GET THE O&E REPORT?
FOR TAX DEED SALE OVERAGE, WE NOW ALLOWING YOU TO GO AFTER COUNTIES WHERE YOU ARE NOT ABLE TO GET THE O&E/TITLE REPORT. THIS SHOULD OPEN UP 40 COUNTIES THAT YOU WERE PREVIOUSLY NOT ABLE TO WORK. YOU WILL HAVE TO RESEARCH TITLE ON THE EX-OWNERS - YOU WILL HAVE TO SEARCH THE OWNERS NAMES IN THE COURT OFFICIAL RECORDS SITE FOR ANY MORTGAGES, LIENS AND JUDGMENTS. TO FIND THE MOST RECENT DEED YOU WILL HAVE TO GO TO THE COURTS PROPERTY APPRAISERS SITE AND SEARCH BY ADDRESS OR PIN#. INSTEAD OF INCLUDING A COPY OF THE COURTS O&E REPORT, WE WILL NEED A COPY OF THE OFFICIAL RECORDS PAGE SHOWING YOU SEARCHED THE NAMES OF EACH OWNER. FOR INFORMATION ON DOING TITLE, THERE IS SECTION IN THE STEP BY STEP FOR MORTGAGE SURPLUS THAT GOES OVER DOING TITLE WORK. PLEASE INCLUDE A COPY OF THE COUNTY OFFICAL RECORDS PAGE SHOWING YOU SEARCHED THE OWERS NAMES FOR DEEDS, MORTGAGE, JUDGMENTS AND LIENS.
UPDATE 11/7/14 - USING COUNTY AUCTION SITE
YOU ARE ALLOWED TO USE THE COUNTIES AUCTION SITE INSTEAD OF REGISTRY REPORT FOR NEW FILES UNDER 60 DAYS FROM SALE. HOWEVER, WE WILL NEED YOU TO USE THE CASE REGISTRY REPORT FOR ANY FILES OVER 60 DAYS. THE CASE REGISTRY IS IMPORTANT BECAUSE IT SHOWS WHAT THE COURT IS HOLDING AFTER PAYING OUT TO THE JUDGMENT HOLDER (PLAINTIFF). WE ARE ALLOWING THE USE OF THE COUNTIES AUCTION SITE FOR NEWER FILE BECAUSE WE UNDERSTAND THAT YOU WOULD HAVE TO WAIT A MONTH TO GET THE REPORT AND WE WANT TO GET A JUMP ON NEW FILES. YOU WILL HAVE TO PROVIDE A SCREEN SHOT COPY (SEE BELOW EXAMPLE) OF THE SALES PAGE SHOWING WHAT THE PROPERTY SOLD FOR AND THE JUDGMENT AMOUNT, OF COURSE YOU WILL ALSO HAVE TO SHOW ALL OTHER REQUIRED DOCS.
HERE IS AN EXAMPLE OF A COUNTIES AUCTION SITE: CHARLOTTE COUNTY FL AUCTION LINK
BECAUSE YOU ARE ESTIMATING THE SURPLUS AMOUNT BY SUBTRACTING THE JUDGMENT AMOUNT FROM THE SALES PRICE WE WILL ONLY ACCEPT FILES WHERE THERE IS AN ESTIMATED SURPLUS AMOUNT GREATER THAN $15,000. THIS IS TO ALLOW A CUSHION IN CASE THERE ARE ADDED FEES. PLEASE REMEMBER THAT AN OVERAGE IS ONLY CREATED WHEN THE SALES PRICE IS HIGHER THAN THE JUDGMENT AMOUNT.
UPDATED WORKSHEETS:
FLORIDA REMOTE WORKSHEETS!
PLEASE USE FLORIDA UPDATED TITLE WORKSHEETS*:
SURPLUS FUNDS CHAIN OF TITLE - FL MORTGAGE HOA UPDATE 62222.pdf - PDF Doc - use for mortgage and HOA foreclosure overages
SURPLUS FUNDS CHAIN OF TITLE - FL MORTGAGE HOA UPDATE 62222.docx - MS Word Doc - use for mortgage and HOA foreclosure overages
SURPLUS FUNDS CHAIN OF TITLE - FL TAX DEED 62222.pdf - PDF Doc - use this for tax deed sale overages
SURPLUS FUNDS CHAIN OF TITLE - FL TAX DEED 62222.docx - MS Word Doc - use this for tax deed sale overages
COMPANY ACCEPTANCE AND REQUIREMENTS FORM.docx - Word Doc - Use when ex-owner is a corp, llc or dba.
COMPANY ACCEPTANCE AND REQUIREMENTS FORM.pdf - PDF - Use when ex-owner is a corp, llc or dba.
PLEASE WATCH THIS INFORMATIVE VIDEO BELOW FOR THE FL REMOTE PROGRAM:
UPDATES ON FILES
f you have submitted 20 or more accepted surplus funds files and have submitted at least 1 accepted surplus funds file in the past 60 days, you may request an update once per month by opening a support ticket and selecting the "File Update" button.We will send the file updates to you via email before the end of the month. Make sure to send the request before the 15th of the month to get an update for the current month. If your request comes after the 15th of the current month, you will be put on the list for the next update on the following month.
If you have submitted a ticket for an update, and are not eligible for one, we will not email you an update. We will notifiy anyone when we make a deal on a file whether you have 20 files or less, but you will not get monthly progress updates.
COUNTY SALE LINKS
Click here to view links to some Florida Counties online Tax Deed sales. https://surplusfundsriches.net/fltdsw
RULES SECTION:
RULES - DO THIS RIGHT GUYS!
1. Send the file, to paperwork@surplusfundsriches.com When you use email - do not use zip files, do not send in links for documents , put the case name(defendant) in the header of the email. Please combine the documents into one attachment. IF YOU DON'T PUT THE DEFENDANT NAME/CASE NAME IN THE HEADER OF THE EMAIL, WE WILL SKIP THIS FILE SUBMISSION AND GET TO IT LATER. IF THIS CAUSES YOU TO LOSE THE CASE TO ANOTHER RESEARCHER, THAT IS ON YOU.
PLEASE READ - We have up to 3 business days to process the file or respond with errors. our business hours are Monday - Friday, 9:00am to 4:00pm Eastern time. All files submitted after business hours, the 3 days start on the next business day. For example, file submitted on Friday at 8:00pm, 3 day window will start Monday at 9:00am since our office is closed weekends. Our office is closed for most major holidays and will not count as a business day. as a business day.
2. Minimum case for us to pursue is $17,500 - not 17,499.99. If If more than 1 owner, not married, we need at min $17,500 per person to work. Example - 3 owners on deed, all unmarried, there needs to be at minimum $52,500 in surplus for us to work the file. 4. On the worksheet, we need the physical address of the foreclosure, not the claimant's notification address. Do not put in parcel id #, tax id #, or legal description, unless there wasn't a physical address - vacant land.
3. If you complete your case research, and the last owner was a Bank or a Bank is entitled to entire surplus amount, we will not take the file. If you complete your case research, and a lien holder or lien holders are entitled to entire surplus amount, we will not take the file. However, we will take any file where there is a lien holder or bank entitled and there still leaves at min $17,500 to the ex-owner. For instance, you find an open mortgage for $25,000 and the surplus is $45,000. We will take that file because it will leave $17,500 for the ex-owner. If there are open liens, judgments or mortgages, the total plus interest must leave at min $17,500 for the ex-owner(s) for us to accept the file.
3B. We do not accept files where the ex owner is a HOA or COA.
4. On the worksheet, we need the physical address of the foreclosure, not the claimant's notification address. Do not put in parcel id #, tax id #, or legal description, unless there wasn't a physical address - vacant land.
5. Feedback - we will let you know when you get a claimant under contract and have the case set to petition. Until you have sent in 20 files that we have accepted, we will not give out any additional feedback. If you have sent in 20 cases we have accepted - researched cases - we will give feedback once a month, upon request.
6. Check for Motions or Petitions for the funds - Please take your time. We are getting files in where a disbursement has already been made(money is gone) and/or where there is a petition in process. Just review the docket history to make sure that isn't happening. The docket may read, "motion to disburse", "motion for surplus funds", "owners claim", "surplus claim" or something similar. Remember that we are independent contractors, which means we work with you by choice and you work with us by choice. If we receive
unresearched files from a researcher, repeatedly, we will choose to no longer work with you. Of course, we will address first files sent in and help you submit correctly. If you ignore that correction and refuse to follow directions, we will drop you as a researcher.
Also when checking the docket - Make sure to look for Order of Dismisal or Order to Vacate or anything sounding like the owners are trying to reverse the sale. We have run across a few where the sale was reversed and cancelled. Make sure to check for this when reading the docket case history report.
7. For tax files, do not send in any files over 18 months old - 18 months since the foreclosure sale. For Mortgage and HOA Files, please use the most recent version of the Registry Report, this will also have the older stuff.
8. Put Files in Order - Make sure when you submit files to us, you have the chain of title worksheet first, followed by the supporting docs. If your files are not submitted in this manner, we will not work it. You will have to resubmit in correct order.
9. Make sure you are checking the deed holder at the time of lis pendens (not time of foreclosure) for Mortgage or HOA foreclosure sales. This is not the buyer at auction or the person named on the certificate of title (foreclosure deed after the auction). We are getting files in where some of you are not checking or putting the wrong names down. This is very important step, do not dismiss it or assume it is the same as the defendant(s) listed. We need to know exactly who is due the money. Deeds can be checked on the courts online deed and official records dept., it is also stated in the step by step example for FL Mortgage and HOA foreclosure sales.
For tax deed sales, it is the deed referenced on the court O&E report aka title report.
10. Please include a copy of the notification addresses in with the file. For Mortgage and HOA foreclosure sales, it will be on the last page of the Final Judgment doc. For tax deed sales, the name of the document may vary by county. Some counties it is called Collector's Certificate, Clerk's Affidavit Certificate or Interested Parties. Some courts put in the copies of the envelope mailings, you can use that. Some courts will have a document called something else entirely, you will have to look for that.
11. We pay commissions of 10% gross collected for both Tax and Mortgage surplus funds files. If total collected surplus is $50,000, we will pay researcher commission of $5,000.
12. We will not accept estimated surplus values if the sale was 60 days or more ago. You need to verify at this stage, check the docket for Certificate of Disbursement or get the registry list or any court document showing the surplus amount. For example, if a foreclosure sale was held on 1/1/2019 and you research and submit on 3/5/2019, you would need to verify the surplus amount, because those dates are more than 60 days apart.
13. IF EX-OWNER IS A CORPORATION, LLC, LLP OR DBA, PLEASE FILL OUT THE 'COMPANY ACCEPTANCE AND REQUIREMENTS FORM' WITH YOUR FILE. NO BANKS, MORTGAGE COMPANIES OR FINANCIAL INSTITUTIONS ALLOWED.
14. Please read the updates to the Florida Remote program. Florida laws are constantly evolving and we post updates to the program above.
IF YOU JUST SKIPPED THE ABOVE AND DIDN'T READ IT, UNDERSTAND THAT FAILURE TO FOLLOW THESE DIRECTIONS WILL RESULT IN US IGNORING FUTURE REFERRALS.
PLEASE CHECK THE FOLLOWING LIST FOR FILES WE ARE ALREADY WORKING.
IF A FILE IS ON THIS LIST, DO NOT SEND THE FILE TO US.
Please click the link below to view the Surplus Funds List. Once on the page, you may have to enter the password located on page 1 of the Florida Remote Ebook.
Surplus Funds List
PAST BUYER LOYALTY DISCOUNTS - PURCHASE INDIVIDUAL PROGRAMS AT A DISCOUNTED PRICE!!