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Frequently Asked Questions

How does the online auction work?

What equipment and software will I need?

Do I have to be present on the day of the sale?

What do I need in order to participate?

How much is the deposit?

How do I pay for my deposit? How do I pay for my winning bids?

Can other participants see my bids?

How does the bidding work? What is a proxy bid?

What happens in case of a tie bid?

Can I change or cancel my bid?

If I am the high bidder, how long do I have to pay for the property?

What if I fail to make the final payment or choose not to purchase the property?

What happens to leftover deposit money?

How do I request a refund?

What is the overtime period?  Why does the auction keep extending?

Does the foreclosure or tax deed sale erase all other liens on the property?

How do I contact Customer Service?

 


How does the online auction work?

Auctions are held on properties offered for sale to the highest bidder. The Clerk's Office conducts the sale via public auction on the Internet in accordance with Florida Statutes. The property or interest being auctioned may be worth less than the assessed value.
Anyone may bid on the properties, and must register with the clerk on this web site prior to the sale. The site provides information for each sale item, including the name of the owner, legal description, and the opening or base bid. 
At the date and time specified for the sale, each item is auctioned in order of file number and sold to the highest bidder.

At the time of the sale, the successful high bidder must post with the Clerk a nonrefundable deposit of 5% for the successful bid. The remainder of the bid, court registry fees,and the Judicial Sale Winner Bid Service Fee are due by 2:00 pm ET the day of the sale.
Payment may be made in the form of wire transfer, cash, cashier’s check, or money order.
Upon payment of the remainder of the bid via counter, or a wire transfer is initiated, the Clerk will issue a Certificate of Sale.
A Certificate of Title may be issued by the Clerk of the Circuit Court after ten (10) full days have elapsed from the issuance of the Certificate of Sale and provided there is no other action relating to the subject proceeding.
 

What equipment and software will I need?

There is no special software or hardware needed for the sale. In order to participate, bidders must have a computer with access to the Internet. In order to have full functionality of the web site, the internet browsers that are supported are the latest two versions of Internet Explorer and Firefox. It is suggested that MAC users download Firefox in order to participate in the sale.

The Clerk's office will provide a limited number of public computers for those without Internet access. Please contact a foreclosure clerk at (941) 861-7400 for availability.

Do I have to be present on the day of the sale?

Effective July 14th, 2009, foreclosure sales for all new filings will be conducted entirely online via this web site.  It will no longer be necessary to appear in person to participate in the sale.
 
What do I need in order to participate?

In order to participate in the sale, bidders must register on this site to get a Username and Password and place a valid deposit for your bids to be considered.
 
How much is the deposit?

You will need to place a deposit equal to 5% of your estimated high bid for each item you anticipate winning at the sale.

 
How do I pay for my deposit? How do I Pay for my winning bids?

Deposits can be made electronically on this web site via ACH (Electronic Check). Wire transfers will be accepted but you MUST add $9.00 fee per transaction or it will be deducted from your deposit amount. Wire transfers may take up to 48 hours to be received and processed. Cash, cashier’s checks, and money orders will also be accepted; however, these forms of payments must be delivered to the Clerk’s office. Personal Checks are NOT permitted.

Deposits are due by 3:00PM ET the day prior to the sale.

Payments can be made by wire transfer but you MUST add $9.00 fee or it will automatically be deducted from your payment amount. Cash, cashier’s checks, and money orders will also be accepted; however, these forms of payments must be delivered to the Clerk’s office. Personal Checks are NOT permitted

Payments are due by 2:00PM ET the day of the sale.
  

Can other participants see my bids?

No.

How does the bidding work? What is a proxy bid?

Auction participants enter their highest acceptable bid for a property. The auction system then checks all other bids and enters a bid on your behalf at $100.00 more than the next highest bidder (proxy bidding). The system stops entering bids for you when your highest acceptable bid is reached. When an auction closes, each property is awarded to the participant with the highest bid.

What happens in case of a tie bid?
 

If identical bids are placed prior to the auction start date and time, the first participant to place the bid will be deemed the official high bidder.

Tie bids are not allowed once the auction begins; however, if a bidder enters in a bid that meets the proxy bid placed by another bidder, the bid entered in first would be deemed the current high bid.  Please be aware that if this occurs, you will receive a message indicating that you “Do Not Have the Current High Bid” and will then have the opportunity to raise your bid if desired.


Can I change or cancel my bid?

Bids may be cancelled or modified (raised or lowered) at any time before the auction officially begins for that case.  Once an auction begins, however, bids may be increased only. Cancelling or lowering a bid during a live auction is NOT permitted.

 
If I am the high bidder, how long do I have to pay for the property?

If you are the successful bidder for property at a foreclosure sale, the balance of the final bid amount plus the court registry fees must be received by the Clerk's office no later 2:00 PM ET the day of the sale or by the deadline stated in the judgment. Accepted forms of payment are wire transfer, ACH (electronic check), cash, cashier's checks, and money orders.

What if I fail to make the final payment or choose not to purchase the property?

If full payment is not made by 2:00 PM ET the day of the sale, your deposit will be forfeited. A Certificate of Non-deposit will be issued by the Clerk and the Court will be notified of the default.

What happens to leftover deposit money?

Unused deposit money will be returned upon request of refund by clicking “Request Refund.”

How do I request a refund?

Funds on deposit are only returned when requested. To request a refund, click “Request Refund." Please allow approximately two weeks after the close of the auction for the processing of refunds.


What is the overtime period?  Why does the auction keep extending?

Any bid placed with less than 30 seconds remaining on the auction clock will automatically extend the bidding period by an additional sixty (60) seconds. Bids placed below the stated Plaintiff's Maximum Bid will NOT extend the auction bidding period.

Does the foreclosure or tax deed sale erase all other liens on the property?

No!  There may still be other encumbrances (judgments, priority mortgages, taxes, or liens) that survive the sale.  The winning bidder takes title to the property subject to all defects, liens, encumbrances, and matters of which he/she has or could obtain knowledge. It is the bidder's responsibility to perform all research regarding the property, including the value, title defects, liens, mortgages, or other encumbrances.  The Clerk's Office does not guarantee a clear title and is not responsible for any encumbrances on the property purchased at auction.
The laws regarding foreclosures are extremely complicated.  It is recommended that all bidders perform a title search and consult an attorney prior to placing a bid.

How do I contact Customer Service?

Click Here for Customer Service