Mortgage Foreclosure Surplus Funds
In some foreclosure cases, a property is sold for more than the total amount owed. When this happens, surplus funds may remain and could be owed to the former owner or other entitled parties.
What Is a Mortgage Foreclosure Surplus?
When a foreclosed property is sold at auction, the proceeds are used to pay off the mortgage balance, legal fees, and other costs. If the sale price exceeds these amounts, the remaining balance is called a foreclosure surplus.
These funds are held by the court or county and do not automatically get sent to the entitled party.
Who May Be Entitled to These Funds
- Former property owners
- Heirs or estates
- Junior lienholders
- Other parties with a legal interest
No promises. Just facts.
Why Foreclosure Surplus Funds Go Unclaimed
In many cases, individuals are unaware that surplus funds exist. Notices may be sent to outdated addresses, or the process to claim the funds may be unclear or confusing.
Notices mailed to old addresses
Individuals assume all proceeds go to the lender
The claim process is unfamiliar
Funds may sit unclaimed for years
How the Recovery Process Works
Search Public Records
We review foreclosure and court records to determine if surplus funds may exist.
Confirm Eligibility
We confirm ownership, timelines, and documentation requirements related to the claim.
Assist With Recovery
If eligible, we guide you through the claim process from start to finish.
You May Be Entitled to Foreclosure Surplus Funds
No upfront fees. No obligation.