Foreclosure Information

The Clerk's Office is responsible for conducting foreclosure sales in accordance with Chapter 45, F.S.  Sales are held at 11:00 am every Tuesday and Thursday (except on legal holidays).  The Clerk's Office conducts the sale via public auction on the Internet at the listed website, www.hernando.realforeclose.com.  A list of all foreclosure filings by month and a list of upcoming sales can be found below.

Foreclosure Filings & Sales

Effective September 1, 2016

The Clerk's office will resume in-person foreclosure sales at the Hernando County Courthouse location beginning Thursday, September 1, 2016.  Sales will continue to be held each Tuesday and Thursday at 11:00 am, excluding holidays.  Sales scheduled on or after September 1, 2016 will be conducted in our Civil Department, Room 245.

All parties interested in participating in the in-person foreclosure sales should plan to complete the registration process in Room 245 of our courthouse location no later than 10:30 am the day of the sale.

Winning bidders must immediately deposit 5% of their winning bid amount into the court registry.  The 5% deposit and any associated fees are non-refundable.  If a successful bidder does not imemdiately post the deposit, the bid will be considered invalid and the sale will immediately be re-held with said bidder disqualified from bidding on that particular sale.  All interested parties should remain until the sale has been confirmed.  The balance of the bid must be paid in full before close of business on the following business day.

The 5% deposit to the Court Registry may be made in the form of cash or certified check.  Each court registry deposit incurs a 3% fee on the first $500 and 1.5% fee on the remaining funds.

The remaining winning bid balance must be paid in full by close of business on the following business day.  The remaining balance must be paid by cash or certified funds, only.

Our staff is happy to answer any questions you may have.  The Civil Courts Department can be reached at 352-540-6377.

We look forward to continuing our business relationship with you and providing you with the exemplary customer service you've come to expect from us.

Sales dates PRIOR to September 1, 2016

How does the online auction work?

Anyone may bid on the properties. All bidders must register with the clerk on the website prior to the sale and ensure that their escrow account has sufficient funds to cover at least 5% of their anticipated winning bid for each property. A 5% non-refundable deposit is required on all winning bids. 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.

Once the the sale is completed, the successful bidder will have the 5% non-refundable deposit deducted from their escrow account.  The remainder of the bid plus court registry fees and the Judicial Sale Winner Bid Service Fee are due by 4:30 pm ET the following day. Payment may be made in the form of wire transfer, cash, cashier’s check, or ACH. The Judicial Sale Winner Bid Service Fee may be deducted from the escrow account at the discretion of the Clerk.

Upon payment of the remainder of the bid, including all required fees, 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. The Clerk's office will provide a limited number of public computers for those without Internet access. Please contact a foreclosure clerk at (352) 540-6377 for availability.

 

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). ACH payments must be initiated on the website four days prior to the auction. Wire transfers will be accepted but you MUST add $6.00 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 or cashier’s checks will also be accepted, however, these forms of payments must be delivered to the Clerk’s office no later than the close of business on the previous business day. Personal Checks are NOT permitted.

 

Does the foreclosure 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 bidders 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.  Transfers are the preferred method and must be initiated at the bidder's bank prior to 5:00 pm the day of the sale.

 

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

If full payment is not made by 5:00 PM ET the day after the sale, your deposit and the winning bidder fee will be forfeited. A Certificate of Non-deposit will be issued by the Clerk and the Court will be notified of the default. The winning bidder may also be precluded from participating in future sales.

For further information regarding foreclosure sales, please contact the Civil Division at (352)540-6377.