Frequently Asked Questions

Surplus funds are the remaining money from a property sale after the mortgage balance, taxes, and other fees have been paid. When a property sells at foreclosure or tax deed sale for more than what's owed, the excess money belongs to the former property owner.

The timeframe varies by state, but typically you have 1-5 years from the date of the sale to claim your surplus funds. It's important to act quickly, as failing to claim within the deadline means the funds may be lost permanently.

We work on a contingency basis, meaning you don't pay us anything unless we successfully recover your funds. Our fee is a percentage of the surplus funds we recover for you. This ensures our interests are aligned with yours.

The timeline varies depending on the complexity of the case and the specific county procedures. Some cases can be resolved in a few weeks, while others may take several months. We'll keep you updated throughout the process.

We'll need information about the property including the address, the date of the foreclosure or tax sale, and any documentation you have related to the property. We'll guide you through exactly what's needed during your free consultation.

The former property owner, their heirs, or legally authorized representatives can typically claim surplus funds. There are some restrictions, so it's best to consult with us to determine your eligibility.