Florida Foreclosure Right of Redemption Calculator

How this calculator works

F.S. § 45.0315 gives a Florida foreclosure-sale debtor a narrow window to redeem the property after the foreclosure sale but before the certificate of title issues. Florida is not a long-tail-redemption state — there is no 30-day, 6-month, or 1-year statutory redemption like Alabama, Illinois, Iowa, Kansas, or several other jurisdictions. The window typically opens the moment the clerk issues the certificate of sale (same day as the foreclosure auction) and closes approximately 10 days later when the certificate of title issues under F.S. § 45.031(5). Once the certificate of title issues, the right of redemption is extinguished as a matter of law and the foreclosure sale is final.

This calculator is the post-sale companion to the pre-sale foreclosure-defense-timeline calculator. It answers three questions a borrower (or borrower's counsel) needs answered the day after a foreclosure sale:

1. What is the redemption amount the borrower must pay the clerk to redeem the property? Winning sale bid plus court costs plus sheriff costs plus the clerk's redemption-affidavit recording fee.
2. How many days remain on the redemption clock before the certificate of title issues? Computed from the certificate-of-sale date and today's date against the 10-day window.
3. Given the redemption amount versus the property's current market value, is redemption economically rational? Equity-positive recommends redemption; underwater recommends walk-away and surplus-funds claim under F.S. § 45.032.

The post-sale procedural timeline

The Florida foreclosure-sale-and-aftermath sequence is well-defined under F.S. § 45.031:

• Day 0 — Foreclosure sale held. The clerk conducts the auction (typically online via the county e-sale platform) on the date set in the final judgment of foreclosure. The lender's judgment amount is the opening bid; third-party bidders may bid up. If no third party outbids the lender, the property is sold to the lender — the most common outcome in Florida.
• Day 0 — Certificate of sale issued. The clerk issues the certificate of sale immediately upon the sale's conclusion (typically the same day). The right of redemption under F.S. § 45.0315 opens at this moment.
• Days 1 through 10 — Objection period. F.S. § 45.031(5) gives any party in interest 10 days to file a procedural objection to the sale itself (failure to provide statutory notice, sale conducted before the noticed time, irregularities in the auction). Objections to the merits of the underlying foreclosure must have been raised earlier; this is a procedural-error window. The right of redemption remains open throughout these 10 days.
• Day 10 — Last day to redeem in the routine case. The objection-period close typically coincides with the certificate-of-title issuance date. Some counties issue the certificate of title the day the objection period expires; others issue it the next business day.
• Day 11 — Certificate of title issues. The clerk records the certificate of title in the county Official Records; the new titleholder (lender or third-party buyer) takes legal title to the property; the right of redemption under F.S. § 45.0315 is extinguished.

The redemption amount under F.S. § 45.0315

The redemption amount equals the sum of:

1. The winning bid at the foreclosure sale (or the amount specified in the foreclosure judgment, whichever applies). In a typical Florida foreclosure where the lender takes the property on a credit bid equal to the judgment amount, this is the judgment dollar figure: principal plus accrued interest plus recoverable attorney fees plus costs through the judgment date.
2. Court costs incurred by the clerk in conducting the sale. Filing fees, service-of-process surcharges, publication of sale notice, and miscellaneous court costs typically run $400 to $600 across Florida circuits; $500 is the planning midpoint.
3. Sheriff costs. Most Florida counties run e-sale platforms (clerk costs only); rural-county or non-e-sale matters add sheriff service-of-sale-notice and posting costs in the $100 to $300 range.
4. The clerk's redemption-affidavit recording fee. Under F.S. § 28.24, the clerk's flat-fee schedule includes the redemption affidavit; $70 is the planning midpoint across Florida counties.

The statute also contemplates accrued interest from the date of the judgment or sale, but over the typical 10-day post-sale redemption window the interest accrual is materially small (under $200 on a $300,000 sale at statutory post-judgment interest rates). The calculator surfaces the principal cost components as the planning headline; consult Florida real-estate counsel and the clerk's office for the exact figure at the time of payment.

A worked example

A Florida homeowner whose property went to foreclosure auction yesterday is consulting this calculator the day after the sale:

• Winning sale bid: $280,000 (the lender's credit bid at the judgment amount).
• Certificate of sale date: day 135 of the year.
• Today's date: day 140 (5 days post-sale).
• Court costs: $500.
• Sheriff costs: $200.
• Clerk's redemption fee: $70.
• Current home market value: $320,000.
• Mortgage payoff prior to sale: $260,000.

The calculator returns:

• Total redemption amount: $280,770.
• Days remaining to redeem: 5.
• Equity if redeemed: approximately $39,230 (home market value minus redemption amount).
• Redemption-vs-value analysis: Equity-positive — the property's market value of $320,000 exceeds the redemption amount of $280,770 by approximately $39,230.
• Recommendation: Redemption is economically rational. Move quickly to line up the source of redemption funds — bridge or hard-money loan, 401(k) loan, family gifts, or liquidated investments are the routine sources. Payment to the clerk must be in cleared funds (cashier's check or wire) before the certificate of title issues.

When redemption does not make sense

If the property's market value is below the redemption amount, redemption is economically irrational — the borrower would pay more to keep the property than it is worth on the market. The realistic post-sale path for an underwater borrower is to walk away, pursue surplus funds under F.S. § 45.032 (if the winning bid exceeded the judgment amount, the excess is distributed first to junior lienors of record and then to the borrower of record), and start over. The post-foreclosure-eviction timeline under F.S. § 83.561 typically gives the former borrower 30 to 60 days before the new titleholder takes physical possession; relocation should be planned now, not later.

Exceptions to the walk-away default: a pending insurance claim that materially shifts the value, a contested property valuation, an inherited interest that might support a quiet-title posture, or the property's homestead character protecting against deficiency exposure under F.S. § 702.06 and Florida Constitution Art. X § 4.

Payment mechanics — how redemption actually works

Payment is made directly to the clerk of court for the county where the foreclosure was filed, in cleared funds. Most Florida clerks will not accept personal checks for a redemption payment because the certificate of title issues on a strict timeline and uncleared funds risk an invalid redemption.

• Wire transfer is fastest; same-business-day clearance.
• Cashier's check is the standard; clears immediately at the counter.
• Personal checks are generally not accepted for redemption payments.

The clerk records the redemption affidavit under F.S. § 45.0315; the foreclosure sale is rescinded; the borrower's title is restored as if the sale had not occurred. The underlying mortgage has been paid in full through the redemption funds, so the borrower owns the property free of the foreclosed mortgage — what remains is whatever new financing the borrower used to fund the redemption.

Surplus funds under F.S. § 45.032

When the winning bid exceeds the judgment amount, the excess is surplus funds. F.S. § 45.032 distributes the surplus first to junior lienors of record (subordinate mortgages, judgment liens, HOA / condo liens) in order of recording priority, and then to the borrower of record. Surplus claims must be filed within the statutory window, or the funds are remitted to the Florida Department of Financial Services unclaimed-property fund. For a borrower of record who is not pursuing redemption, this is often the only meaningful financial recovery available post-foreclosure.

What the calculator does not do

This is a planning and verification tool. It does not:

• Replace foreclosure counsel. The procedural mechanics of paying the clerk and recording the redemption affidavit involve substantive judgment that should be coordinated with Florida real-estate counsel.
• Project bridge-loan or refinance terms. The financing question — where does the redemption cash come from — is independent of the redemption math.
• Compute exact accrued interest to the day. Interest accrual over the 10-day window is typically immaterial but should be confirmed with the clerk at the time of payment.
• Account for procedural objection outcomes under F.S. § 45.031(5). A timely objection that succeeds can vacate the sale entirely — a different procedural posture from redemption.

How this page is maintained

The substantive statutory framework (F.S. § 45.0315, § 45.031, § 45.032) has been stable for decades. We monitor each Florida legislative session and any Florida Supreme Court foreclosure opinion that materially shifts the post-sale picture, and refresh this page within the quarter after any statutory change.

Last reviewed: 2026-05-15 against F.S. § 45.0315, § 45.031, § 45.032.