Glades County Florida Surplus Funds – Official Homeowner Guide (Foreclosure Sales Only)

Introduction

If your home or property in Glades County, Florida was sold through a judicial foreclosure sale, you may be entitled to foreclosure surplus funds, also referred to as excess proceeds from a foreclosure sale.

Under Florida Statute §45.032, when a foreclosure auction results in a sale price that exceeds the total amount owed under the final judgment—including principal, interest, attorney fees, liens, and court costs—the remaining balance becomes surplus funds. These funds do not belong to the bank, lender, HOA, or the county. They belong to the former homeowner or another legally eligible claimant.

In Glades County, foreclosure surplus funds are funds held in the court registry and administered by the Glades County Clerk of the Circuit Court & Comptroller. Release of these funds is subject to court order and requires verified documentation and statutory compliance.

Foreclosure Surplus Funds vs. Tax Deed Surplus Funds

It is critical to understand the distinction:

• Foreclosure surplus funds result from judicial foreclosure sales under §45.032

• Tax deed surplus funds arise from tax deed sales and follow a different statutory process

If you are searching for Glades County tax deed surplus funds, that is a separate matter.
This guide applies only to foreclosure surplus funds in Glades County.

How Surplus Funds Are Created in Glades County

Surplus funds are created when judicial foreclosure sale proceeds exceed the final judgment amount entered by the court.

This commonly occurs through:

Foreclosure Sales

• Mortgage lender foreclosures

• Judicial foreclosure actions ordered by the circuit court

HOA and Lien Foreclosures

• Homeowners’ association foreclosures

• Condominium lien foreclosures

• Judgment lien enforcement actions

When surplus exists, the funds are deposited into the court registry and remain there until a valid claim is approved.

Step-by-Step: How to File a Surplus Funds Claim in Glades County

Where Surplus Funds Are Held

Foreclosure surplus funds are maintained by the Glades County Clerk of the Circuit Court & Comptroller, typically through the Civil Court Services or Foreclosure Division.

Required Claim Forms & Documentation

A properly submitted surplus claim generally requires:

• Government-issued photo identification

• Proof of ownership at the time of foreclosure

• Recorded assignments (if applicable)

• Probate documentation when the owner is deceased

All filings must meet verified claim documentation standards used by the Clerk.

Filing Deadlines

Florida law imposes strict statutory deadlines. Claims filed after the allowed period may be denied, even if funds remain held in the court registry.

Clerk Review Process

The Clerk reviews:

• Claimant eligibility

• Completeness and accuracy of documentation

• Compliance with statutory requirements

Certain claims require judicial review and a signed court order prior to disbursement.

How Funds Are Issued

Once approved, funds may be distributed by:

• Court-issued check

• Wire transfer

• Zelle (when authorized by the court)

Why Surplus Funds Claims Get Denied in Glades County

Common reasons foreclosure surplus claims are delayed or denied include:

• Missing or incorrect documentation

• Probate not opened or improperly completed

• Invalid or non-compliant assignment agreements

• Competing claims or unresolved liens

• Filing after statutory deadlines

⚠️ Claims initially filed without professional assistance that later require correction, amendment, or litigation may be subject to modified recovery terms, including higher recovery fees due to increased work required.

Probate & Heirs: What Happens If the Owner Is Deceased

When the former homeowner is deceased:

• Probate is usually required

• Summary vs. formal administration depends on estate size and heirs

• The Clerk cannot release funds without proper court authority

The Glades County Clerk of the Circuit Court & Comptroller cannot waive probate requirements, even when heirs are undisputed.

Major Cities, Rural Areas & Communities in Glades County

Cities & Communities

• Moore Haven

• Buckhead Ridge

• Ortona

Rural & Agricultural Areas

• Muse

• Palmdale

• Ritta

• Fort Denaud (bordering areas)

Common Zip Codes

• 33471

• 34974

• 34972

Streets Commonly Appearing in Foreclosure Filings

• US Highway 27

• State Road 78

• Industrial Road

• Avenue L

• Lakeview Drive

• Old County Road

Schools & Medical Facilities

• Moore Haven High School

• West Glades School

• Glades County School District Facilities

• Regional medical clinics serving Lake Okeechobee communities

Why Homeowners Choose Visionary Surplus Recovery

Former homeowners and heirs in Glades County choose Visionary Surplus Recovery because claims are managed as a complete foreclosure surplus recovery process, not just paperwork submission.

Our approach includes:

• Attorney-managed foreclosure surplus claims

• Clerk-compliant filings aligned with court registry procedures

• Probate coordination when required

• No upfront fees

• Faster processing with fewer denials

Clients receive:

• Regular claim status updates

• Full transparency throughout the process

• A final distribution summary detailing:

  • The amount awarded by the court

  • The exact net disbursement to the client

Clients are also shown how to verify public records independently, ensuring everything filed and stated can be confirmed through official county systems.

Filing a Claim Yourself vs Using a Professional Recovery Firm

What Happens If You Do Nothing

If no claim is filed:

• Funds may eventually escheat to the State of Florida

• Lienholders may intervene

• Recovery can become legally complex and more expensive over time

Pre-Foreclosure Help in Glades County (Sell Before Auction)

If your property is still in pre-foreclosure, you may be able to protect your equity before the foreclosure sale occurs.

Through Visionary Estates UPP LLC, homeowners may:

• Sell a house fast in Glades County

• Receive cash offers

• Sell as-is

• Close in as little as 7 days

📞 Call David – Cash Acquisitions Manager
813-335-8082
📧 cashoffers@visionarysurplusrecovery.com

What Happens After You File a Claim

• Clerk review timelines vary by case

• Court approval may be required

• Funds are distributed by check, wire, or Zelle

Frequently Asked Questions About Surplus Funds in Glades County

How long does it take to receive surplus funds?
Typically 30–90 days after court approval.

Does the bank or HOA receive the surplus?
No. Surplus funds belong to the former owner or eligible claimant.

Can I file a claim myself?
Yes, but errors frequently result in delays or denial.

What if multiple heirs exist?
Probate and court authorization are required.

Are surplus funds taxable?
Consult a qualified tax professional.

Glades County Keynotes & Homeowner Links

For a statewide overview, review our Florida foreclosure surplus funds guide explaining how excess proceeds from foreclosure sales in Florida are handled.

You may also review nearby county processes such as:

• Hendry County foreclosure surplus funds

• Charlotte County foreclosure surplus funds

• Lee County foreclosure surplus procedures

If your property has not yet gone to auction, explore options to stop foreclosure in Glades County, access pre-foreclosure help, or sell your home fast before foreclosure through our equity protection programs.

You may also check surplus funds eligibility using our free foreclosure surplus funds search to determine whether funds are currently held in the court registry.

Take Action Now

Use our Free Surplus Eligibility Tool to receive a free Glades County foreclosure surplus funds evaluation and determine whether excess proceeds are currently being held by the court.