Did You Know...
that once a house is sold for more than what is owed to the bank or county
The left over money should be returned to the previous owner?
When a sale happens in a foreclosure the lending entity (often the bank) is trying to recover any outstanding balance for the loan (Creditor Funds). When a new third-party owner purchases the property at auction, the sale over the needed Creditor Fund, creates a surplus of funds the owner of the property is entitled to.
These funds often end up between $10,000- $500,000+ being refunded back to you.
The Refund Process
Have A Qualifying Foreclosure
Verify that you had a recent foreclosure and may be entitled to a foreclosure refund.
Complete Client
Engagement Form
Review our customer engagement packet. After completing this packet, we can begin on the refund process.
Submit the Refund Claim
We will begin submitting all necessary paperwork for the refund process.
Don't Let Your Money Stay Unclaimed
If the money stays unclaimed for too long the government will pocket it.....
The government won’t hide this information from you but they will not call you. This is the reason to why thousands of homeowners that go through foreclosure lose out on the money they are entitled to.
Don’t let this happen to you. Get back what is rightfully yours with our help today!
How We Help You
Find Out Where
Your Money Is
Contact Authorities
Send Paperwork
Hire & Pay Notaries
Submit Claim
Hire & Pay Attorney
Prepare All Documentation
Deal With State Laws & Regulations
Helping Customers Get The Refund they Deserve
No Upfront Fees
Complete the Client Engagement Letter to Begin Work
Case Research
County Filing
Notary Fees
Power of Attorney
Included
Included
Included
Included
Fees are assessed only after funds have been recovered.
Let us, help get you some of your money back, so you can start over again.
FAQ's
Simply put, when a property is sold at foreclosure auction,trustee’s sale or sheriff’s sale, the amount of money paid by the winning bidder over and above the outstanding mortgage balance or judgement and other expenses is considered excess proceeds.
SIMPLIFIED EXAMPLE: A property with an outstanding mortgage balance of $125,000 sells at trustee sale for $175,000. The winning bid is $50,000 above the mortgage balance, therefore there could be $50,000 excess proceeds from the sale. The actual amount of the excess proceeds is dependent on many things, such as loan position, liens, judgments, expenses, etc.
Please note that it is best to speak with us directly regarding the complexities of sheriff sale excess proceeds.
The typical excess proceeds claim process can take 6 to 12 months from beginning to final payment.
If you need access to your money sooner, we offer advanced funding and assignments to excess proceeds cases that qualify.
The excess proceeds claim process can be difficult and time consuming. The claim process is not as simple as walking into the appropriate government office, showing an ID and getting a check on the spot!
It is beneficial to use a firm like ours that specialize in the excess proceeds claim process. We handle paperwork, filing deadlines, title searches and navigate the complexities and pitfalls of the excess proceeds claim process.
You may have excess proceeds due to you if your property sold at foreclosure auction for more than your mortgage balances.
You may be able to visit the government agency website in your jurisdiction that handles excess funds.
We would be able to determine the possibility of excess funds in your case if you can provide certain information regarding your foreclosure. Please contact us directly.
Our excess proceeds recovery fees vary from state to state and case by case.
We are happy to discuss with you our fees and any other expenses that are typically involved in an excess proceeds claim. Please contact us directly.
The law does not require that you have an attorney, however, strict statutes govern the process for obtaining excess proceeds after foreclosure. Failing to “cross a single T” or “dot a single I” could prevent you from obtaining the excess funds that you are entitled to receive — even completing the application for release of excess proceeds of sale can be extremely confusing.
Is there any limitation on when I can get the money?
Timing is very important. If you wait, you could lose your claim to the funds.
Timing is very important. If you wait, you could lose your claim to the funds. Depending on your county and state unclaimed funds will become government property if not claimed in some cases in as little as 6-months after the foreclosure.