Florida Foreclosures - 232,167 Foreclosure Listings

Florida Foreclosure Laws

Florida primarily uses judicial foreclosure involving mortgage. deeds of trust are not recognized.. Typical timelines run 6-12+ months typical. No post-sale redemption once sale confirmed. Deficiency judgments permitted

Foreclosure Type Process

Judicial
Mortgage Instrument Security Type

Mortgage. Deeds of trust are not recognized.
Typical Timeline Duration

6-12+ months typical
Deficiency Judgment

Deficiency judgments permitted
Redemption Period Owner Rights

No post-sale redemption once sale confirmed.
Process Summary

Florida requires judicial foreclosure. The lender files a lawsuit, obtains a judgment, and the property is sold at public auction, often after lengthy court timelines.
Notice / Timing Statute

Florida Statute § 45.031 et seq. (judicial foreclosure process)
Redemption Statute(s)

Florida Statute § 45.031 (no post-sale redemption; objections within 10 days)
Deficiency Statute(s)

Florida Statute § 702.06 (deficiency allowed after judicial foreclosure)

How to Buy a Foreclosure in Florida

In Florida, identify foreclosure properties through the Clerk of Court' online docket, MLS, and foreclosure sites. Florida uses judicial foreclosure; there is no statutory right of redemption after sale. Secure financing or proof of funds before bidding. Perform title and property condition due diligence. Attend the public auction at the courthouse and finalize payment promptly to receive the certificate of sale, then obtain the deed after confirmation.

What type of foreclosure is used in Florida?

The type of foreclosure in Florida is Judicial

Is there a redemption period in Florida?

No post-sale redemption once sale confirmed.

Are deficiency judgments allowed in Florida?

Deficiency judgments permitted in Florida

How do you buy a foreclosure in Florida?

In Florida, identify foreclosure properties through the Clerk of Court' online docket, MLS, and foreclosure sites.