In the event of a tax deed or mortgage foreclosure, the county holds a foreclosure auction on your property due to unpaid taxes or mortgage. The opening bid at this auction is set for the amount of taxes or mortgage that is owed.

However, what most people do not know is that these properties often sell for an amount higher than the opening bid. Any profit remaining after the debt is settled is due to the previous owner.

Unfortunately, the county usually sends out surplus notification letters to the last address on record, which means that you are often unaware of these funds.

That’s where we come in. Our job is to step in and handle filing all claim forms for these surplus funds. We work directly with the county and can help recover the money that is rightfully yours.

The beauty of working with us is that we charge NO upfront fees. We only get paid after a successful claim payout on your behalf. This means that you bear no risk at all.

If you have recently experienced a foreclosure and believe there may be surplus funds owed to you, don’t hesitate to reach out to us. We will immediately start the process and work diligently to ensure you receive the money you are entitled to.

Remember, you may have unclaimed funds waiting for you after a foreclosure. Let us help you recover what is rightfully yours.

An example of how the numbers work:
John and Emily go through a foreclosure. At the foreclosure sale, their home sells for $500,000. The loan balance that they owed to the foreclosing lender at the time of the auction was $450,000. So, the sale resulted in excess proceeds of $50,000. The property was also subject to a second mortgage in the amount of $20,000 and a judgment lien for $8,000 due to unpaid credit card debt. In this situation, $450,000 goes to the foreclosing lender, $20,000 goes to the second mortgage holder, $8,000 to the judgment creditor, and $12,000 to John and Emily.