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GET A FAIR CASH OFFER TODAY!
WHAT ARE SURPLUS FUNDS
Surplus Funds, Also known as Excess proceeds, mortgage surplus or tax overbids are the remaining funds that are payable to the previous owner when a tax or mortgage foreclosure auction occurs. When someone does not pay their local or state taxes on a property for a lengthy period of time the county will foreclose the property and have an auction. The county only wants their owed taxes, so if the property sells for a greater amount than the taxes due then the remaining proceeds are payable to the previous owner. The banks only want their Final Judgment or final writ amount, any amount over that is entitled to the previous owner, Heirs and Lien holders.
Do you have unclaimed funds
that might be available to you?
If you believe you have unclaimed funds that are available to you (with your permission) consider us in assist you with obtaining these funds. My team have attorneys in many states to get your claim's submitted successfully and your surplus funds recovered.
Understanding What
Happens After a Foreclosure
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 for the amount of taxes or mortgage that is owed. What most people do not know is that these properties sell for an amount that is higher than the opening bid and any profit remaining is due to the previous owner. The county sends out surplus notifications letters, but most of the time it's to the last address on record. So, you may never be informed. Our job is to step in and assist you (with your permission of course) in filing these claims. We work directly with the county and can assist you in recovering these funds. The beauty of working with us is that we charge NO upfront fees and only get paid a finders fee upon a successful claim. Call or text us now at: (619) 292-8504. We look forward to assisting you.
Damon Wallace
Independent Claims Agent
Call Now: (619) 292-8504
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