Excess Procceds

[Joe Alonzo]

Here's the deal.I called a law firm to
ask them if they could represent me in obtaining
"excess proceeds" from the tax foreclosure sale, but
they told me that only the former owner is entitled to
those proceeds, is this correct? I thought the money
to any one that claimed it first. I was the highest
bidder at a property tax auction this week and the
amount of the final bid was over the tax amount owed.
Is this correct in my thinking?

Thanks for the help.