General Info

When property is sold at a tax foreclosure sale and is sold for more than what is owed on the property, excess funds, sometimes called overbids, overages, excess proceeds or surplus funds, are created. There is no incentive for the institutions or government agencies holding the funds to search for the person who is owed the funds. In fact, if the claimant does not claim the funds within a certain time, the government gets to keep it. We work with the claimant to recover the funds before this happens.