Did you know?...
People who have lost their homes to unpaid property taxes or their inability to continue to pay for their mortgage, may be owed money? Yeah, you read that right. It's called Surplus Funds or excess funds. It's the remaining money that after a property is auctioned off due to unpaid taxes or foreclosure, the sale proceeds first go towards settling the owed amounts. If the sale price exceeds the debt and associated costs, the excess amount is considered surplus funds. These funds are typically owed to the former property owner, who will need to claim them through a legal process. Properly handling surplus funds ensures that the former owner receives any remaining equity after their obligations are met.
Did you also know...
To start the claim surplus or excess funds process the excess funds specialist or the former property owner must first verify their eligibility by proving ownership. They also have to prove the funds belong to the previous owner. Then a claim needs to be filed with the appropriate government agency or county court handling foreclosure or tax sale, providing necessary documentation and identification. Once the claim is reviewed and approved, the excess funds are dispersed accordingly.
Welcome to PrMStudio23
Excess Funds Recovery
We're here to help you obtain your funds that you rightfully deserve!
The Next Step:
I am a excess/surplus fund specialist. I will help the rightful previous owner recover their surplus funds by taking all the legal steps to ensure the claim documents are processed and submitted ensuring all requirements & deadlines are met to the relevant county government agency or court. Throughout the process I will always stay in contact with my clients letting them know every step or they can reach out to me as well.