{"id":12897,"date":"2021-12-22T20:50:25","date_gmt":"2021-12-22T20:50:25","guid":{"rendered":"https:\/\/www.taxauctionsurplus.com\/Florida\/?page_id=12897"},"modified":"2025-05-08T10:31:09","modified_gmt":"2025-05-08T14:31:09","slug":"step-4-download-obtain-the-property-information-report-to-see-if-there-are-any-liens-of-mortgages-that-could-take-the-surplus","status":"publish","type":"page","link":"https:\/\/www.taxauctionsurplus.com\/Florida\/free-tax-deed-surplus-course\/step-by-step-asset-recovery-of-tax-deed-surplus\/step-4-download-obtain-the-property-information-report-to-see-if-there-are-any-liens-of-mortgages-that-could-take-the-surplus\/","title":{"rendered":"STEP 4"},"content":{"rendered":"<h3><span style=\"color: #000000;\">STEP 4 \u2013 DOWNLOAD\/OBTAIN THE PROPERTY INFORMATION REPORT TO SEE IF THERE ARE ANY LIENS OF MORTGAGES THAT COULD TAKE THE SURPLUS.<\/span><\/h3>\n<p><span style=\"color: #000000;\">Don\u2019t get excited when you see a surplus record with $150,000 in surplus because there just might be a $300,000 mortgage on the property that MAY<strong>**<\/strong>\u00a0take the surplus<\/span><\/p>\n<p><span style=\"color: #000000;\">You must find out if there are liens on the property and then decide your best course of action.<\/span><\/p>\n<p><span style=\"color: #000000;\">The counties are required to have a Property Information Report created for each tax deed being auctioned. This is so they know who to notify about the auction happening. They must notify everyone and every business that may have an interest in what is happening.<\/span><\/p>\n<p><span style=\"color: #000000;\">The Property Information Report will mention any liens by telling you the Book and Page Number or Instrument Number of that lien. Then you take those numbers and look them up on the county\u2019s Official Record website to see what type of lien and how much it is.\u00a0 This is very important to do because you could have a surplus record of $30,000 and just one \u201clot mowing lien\u201d for $50\u2026 that would make the record still very much worth pursuing.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>We have a video for each of the county pages, showing you how to obtain not only the Property Information Reports, but all the documents you need.<\/strong><\/span><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/playlist?list=PLn2Tyh0_dDCmwyzgDpstJ-oFs9iRgmMAy\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><span style=\"color: #ff0000;\"><strong>VIDEO FOR EACH COUNTY<\/strong><\/span><\/span><\/a><\/p>\n<p><span style=\"color: #000000;\">On <a href=\"https:\/\/www.taxauctionsurplus.com\/Florida\/property-information-reports-2\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">TaxAuctionSurplus.com<\/span><\/a>, WE obtain all of the property Information Reports for you (only for records where the surplus is over $10,000). We have an Online Repository that you can access at any time and download the Report you need.<\/span><\/p>\n<p><span style=\"color: #000000;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-9501 size-full\" src=\"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-content\/uploads\/2021\/02\/Prop-Repository.png\" sizes=\"auto, (max-width: 881px) 100vw, 881px\" srcset=\"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-content\/uploads\/2021\/02\/Prop-Repository.png 881w, https:\/\/www.taxauctionsurplus.com\/Florida\/wp-content\/uploads\/2021\/02\/Prop-Repository-768x401.png 768w\" alt=\"\" width=\"881\" height=\"460\" \/><\/span><\/p>\n<p><strong><span style=\"color: #000000;\">We also have a guide showing you how to research the reports and what to look for as well as a Lien Research Guide and video.<\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\"><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-9500 size-full\" src=\"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-content\/uploads\/2021\/02\/Props-and-Liens.png\" sizes=\"auto, (max-width: 1191px) 100vw, 1191px\" srcset=\"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-content\/uploads\/2021\/02\/Props-and-Liens.png 1191w, https:\/\/www.taxauctionsurplus.com\/Florida\/wp-content\/uploads\/2021\/02\/Props-and-Liens-768x311.png 768w\" alt=\"\" width=\"1191\" height=\"482\" \/><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong>**<\/strong>We say MAY take the surplus because all lienholders (except the IRS) have a deadline to put in a claim. If they miss the deadline (which happens very frequently), they forever lose the ability to claim that surplus and all of the money is due to the property owner.<\/span><\/p>\n<h4><span style=\"text-decoration: underline; color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/www.taxauctionsurplus.com\/Florida\/free-tax-deed-surplus-course\/step-by-step-asset-recovery-of-tax-deed-surplus\/step-5-locate-and-contact-the-property-owner\/\">STEP 5 \u2013 LOCATE AND CONTACT THE PROPERTY OWNER<\/a><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":12814,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-12897","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/pages\/12897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/comments?post=12897"}],"version-history":[{"count":9,"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/pages\/12897\/revisions"}],"predecessor-version":[{"id":87218,"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/pages\/12897\/revisions\/87218"}],"up":[{"embeddable":true,"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/pages\/12814"}],"wp:attachment":[{"href":"https:\/\/www.taxauctionsurplus.com\/Florida\/wp-json\/wp\/v2\/media?parent=12897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}