In an interesting twist to Florida’s convoluted foreclosure landscape, a judge awarded more than $26,000 in surplus funds from a foreclosure sale to a third party who was not the owner of record when the foreclosure suit was filed.
Miami-based R&R Capital Holdings LLC paid $18,200 for a three-bedroom, 1,308-square-foot house at 20020 Sancraft Ave. in Port Charlotte on June 6, 2014, about three months after the Oak Hollow Property Owners Association Inc. won a final foreclosure judgment against former owner Harbour Yield Fund LLC. The association sued over a $3,700 lien for unpaid dues and fees.
