Nassau County Florida Surplus Funds – Official Homeowner Guide (Foreclosure Sales Only)
Prepared by Visionary Surplus Recovery
Educational resource for former homeowners, heirs, and estates
Nassau County Foreclosure Surplus Funds Overview
When a property in Nassau County, Florida is sold at a judicial foreclosure sale for more than the total amount owed under the final judgment, the remaining balance is classified as foreclosure surplus funds, also referred to as excess proceeds.
Under Florida Statute §45.032, foreclosure surplus funds:
Belong to the former homeowner or legally eligible claimant
Do not belong to the foreclosing bank or lender
Are not automatically released
Are typically held in the court registry pending a verified claim and, when required, a court order authorizing disbursement
In Nassau County, surplus funds are administered by the Nassau County Clerk of Court & Comptroller, through the Civil Court Services Division and Foreclosure Department.
The Clerk’s office cannot provide legal advice or assist with preparing surplus fund claims.
Foreclosure Surplus Funds vs. Tax Deed Surplus Funds (Important Distinction)
Many individuals search for “Nassau County surplus funds” without realizing Florida recognizes two entirely separate surplus fund systems, each governed by different statutes and filing procedures.
Foreclosure Surplus Funds (This Guide)
Result from mortgage, HOA, or lien foreclosures
Governed by Florida Statute §45.032
Funds are held in the court registry
Require a motion for disbursement
Often involve probate, lien priority, or competing claims
➡️ If you are searching for Nassau County tax deed surplus funds, click here for the County Tax Deed Surplus Guide.
➡️ If your property was sold through a foreclosure auction, continue reading below.
How Surplus Funds Are Created in Nassau County
Surplus funds are generated when a foreclosure sale price exceeds the amount necessary to satisfy:
The final judgment
Accrued interest
Attorney fees
Court costs
Statutory expenses
Common Nassau County Foreclosure Scenarios
Residential mortgage foreclosures
HOA and condominium association foreclosures
Junior lien foreclosures
Investment and rental property foreclosures
Due to strong coastal and suburban property values in areas such as Fernandina Beach, Yulee, Callahan, and Amelia Island, foreclosure auctions frequently result in judicial foreclosure sale proceeds exceeding the judgment amount.
Step-by-Step: How to File a Surplus Funds Claim in Nassau County
Recovering foreclosure surplus funds requires strict compliance with Nassau County Clerk procedures and Florida statutory requirements.
Step 1: Confirm Surplus Funds Exist
After the foreclosure sale, the Clerk audits the proceeds. If surplus funds exist, the docket may include language such as:
“Funds held in the court registry pending disbursement subject to court order.”
Step 2: Identify Eligible Claimants
Eligible claimants may include:
Former homeowners
Heirs or estates
Court-appointed personal representatives
Junior lienholders (based on statutory priority)
Step 3: Prepare Verified Claim Documentation
Typical documentation includes:
Motion for Disbursement of Surplus Funds
Government-issued photo identification
Proof of prior ownership
Assignments (if applicable)
Probate documentation (if the owner is deceased)
Clerk-required affidavits
Step 4: File With the Nassau County Clerk of Court & Comptroller
Claims are filed through the Civil Court Services Division, Foreclosure Department.
The Clerk reviews filings for administrative completeness, not legal sufficiency.
Step 5: Judicial Review (When Required)
Court approval may be required when:
Multiple claimants exist
Probate is involved
Lien priority disputes exist
Assignments are challenged
Step 6: Disbursement of Funds
Once approved:
Disbursement is authorized by court order
Funds are released by check, wire, or approved electronic method
Payable only to the approved claimant
⏱️ Average processing time: 30–90+ days
⛔ Errors frequently cause delays or denial
Why Surplus Funds Claims Get Denied in Nassau County
The most common denial reasons include:
Missing or incorrect documentation
Probate not completed
Improper or unenforceable assignment agreements
Competing claims or unresolved liens
Filing after statutory deadlines
Improper notarization or formatting
⚠️ Important Filing Risk Notice
Claims initially filed without professional representation that later require correction, amendment, or litigation may be subject to modified recovery terms, including a higher recovery fee, due to the additional work required.
Probate & Heirs: What Happens If the Owner Is Deceased
If the former homeowner is deceased, Nassau County will not release surplus funds without proper probate authority.
Probate Is Commonly Required When:
Title was held individually
Multiple heirs exist
No surviving spouse with automatic entitlement exists
The estate was never administered
Probate Options
Summary Administration (qualifying estates)
Formal Administration (larger or contested estates)
Without court-issued authority, surplus funds remain frozen in the court registry.
✔ Visionary Surplus Recovery coordinates probate as part of the surplus recovery process.
Major Cities, Urban Areas & Neighborhoods in Nassau County
Cities & Municipalities
Fernandina Beach
Yulee
Callahan
Hilliard
High-Foreclosure Areas (Examples)
Yulee
Callahan
West Fernandina
Portions of Hilliard
Well-Known Neighborhoods & Communities
Amelia Island Plantation
Ocean Reach
Lofton Creek
Pirates Wood
Timber Creek
Plummer Creek
Flora Parke
Common Foreclosure Street Corridors
A1A
State Road 200
Chester Road
Pages Dairy Road
Sadler Road
Lime Street
Major Institutions
Fernandina Beach High School
West Nassau High School
Nassau Community College Center
Baptist Medical Center Nassau
Nassau County VA Clinic (Jacksonville area proximity)
What Happens If You Do Nothing
If no valid claim is filed:
Funds remain held in the court registry
Junior lienholders may intervene
Claims become increasingly complex
Funds may ultimately escheat under Florida law
Delays often reduce recovery options.
Filing a Claim Yourself vs Using a Professional Surplus Recovery Firm
This comparison is for educational purposes only.
Pre-Foreclosure Help in Nassau County (Before Auction)
If your property has not yet gone to foreclosure sale, you may still be able to:
Stop foreclosure
Protect your equity
Sell your home as-is
Close in as little as 7 days
Through Visionary Estates UPP LLC, homeowners can receive direct cash offers with:
No repairs
No commissions
No closing costs
📞 Call David – Cash Acquisitions Manager
813-335-8082
Common searches we assist with:
“sell my house fast Nassau County”
“cash buyer before foreclosure”
“stop foreclosure Fernandina Beach”
“sell as-is before auction”
Why Homeowners Choose Visionary Surplus Recovery
Visionary Surplus Recovery operates as the Equity Surplus Claims Department, focused exclusively on Florida foreclosure surplus recovery.
✔ Attorney-managed claims
✔ Clerk-compliant filings
✔ Probate included
✔ No upfront fees
✔ Faster processing
✔ Fewer denials
We are not a government entity and do not guarantee outcomes.
What Happens After You File a Claim
Clerk administrative review
Court approval (if required)
Disbursement authorization
Funds released to claimant
Frequently Asked Questions About Surplus Funds in Nassau County
How long does it take to receive surplus funds?
Most claims resolve within 30–90+ days, depending on complexity.
Does the bank receive the surplus?
No. Lenders receive only the amount owed under the final judgment.
Can I file myself?
Yes, but filing errors commonly lead to delays or denial.
What if multiple heirs exist?
Probate is typically required.
Are surplus funds taxable?
Consult a qualified tax professional regarding your specific situation.
Check Your Nassau County Surplus Funds Eligibility
✔ Free county-specific evaluation
✔ No upfront fees
✔ Attorney-managed claims
Nassau County Page Links To:
Baker County foreclosure surplus funds
Keynotes & Nassau County Conclusion
Homeowners may also benefit from reviewing the Florida foreclosure surplus funds guide, Nassau County tax deed surplus funds, or neighboring county procedures such as Duval County foreclosure surplus funds and St. Johns County Clerk of Court surplus funds.
If your property has not yet gone to auction, explore options to stop foreclosure in Nassau County or sell your home fast before foreclosure through our equity protection programs.
