What are surplus (overage) funds?
When a property is sold at foreclosure auction for more than the amount owed on the mortgage and other liens, the extra money is called surplus or overage funds. That money belongs to the former owner — but the county doesn’t automatically send it to you.
How do I know if I’m owed money?
Contact us and we’ll research the records for free. We’ll tell you plainly whether funds exist in your name — and if they don’t, you’ll owe us nothing.
What does it cost?
Nothing upfront. Our fee is 40% of what is actually recovered, paid only after the funds reach you, under a written agreement. If we recover nothing, you pay nothing.
Do I have to go to court?
Usually not. Most surplus-fund claims are handled through a written petition to the county or court. If a hearing is required, our network of licensed attorneys handles it.
Is there a deadline?
Yes — in most states you must claim the funds within a set time, or the money escheats (transfers) to the state. Acting sooner is always better.
Will the county just send me the money?
No. Counties hold the funds but generally do not notify former owners or help them file claims. That’s why so much money goes unclaimed.
I’m not sure which county handled my foreclosure. Can you still help?
Yes. Give us what you remember — the property address, your name, roughly when it happened — and we’ll take it from there.