Foreclosure Auctions

What is a foreclosure auction?

Also known as a judicial sale, a foreclosure auction is a court-ordered process of selling real property at public auction to recover an amount owed in a final civil judgment. The process is governed by Chapter 45 of the Florida Statutes [Florida Statute 45.031(10)] and the Florida Rules of Court.

How to Participate in Bidding on Foreclosure Auction Properties

Participating in a foreclosure auction in Sarasota County is done online and involves many steps. RealForeclosure is the online bidding platform where you can find detailed information about registering for an auction account and learning how to participate in bidding.

These training videos guide you through all the steps required to participate in foreclosure auction bidding, answering many questions about the process for both winning bidders and those who do not win at auction. Be sure to watch all the videos, covering these topics.

• Registering an Account for Bidding
• Complete Online Training
• Understand the Auction Calendar
• Reviewing Auction Property Details
• Using the Bidding System
• Managing Your Account
• Entering Names for Title
• Reviewing Bid History & Auction Results
• Making Payments
• Requesting a Refund

Review our FAQs for answers to common questions about foreclosure auctions in Sarasota County.