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Judge and Gavel

What are Surplus Funds?

After the process of selling properties that are sold in foreclosure auctions, large sums of money can be left over to be claimed. If it sounds to good to be true, there are currently BILLIONS of dollars being held through government agencies across the country. After settling the debts owed to banks, mortgages, unpaid taxes, and liens on these properties, the excess funds that are sometimes created are held and waiting to be claimed by the previous owner. 

The holding time for these funds differs between states, sometimes even between counties of the same state. After a predetermined amount of time has passed without the funds being claimed, these funds often end up becoming funds for the state.

When working as representatives on your behalf, our team aggressively works to ensure that this does not occur. 

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