Tax Sale Overage Recovery

What is Tax Sale Overage Recovery?

Tax Sale Overages or Surplus Funds, occur when a property is sold at a foreclosure auction by the county where the property is located and usually for unpaid property taxes and the property is sold for more than the amount of taxes owed.

The County is not entitled to the overage or surplus. It rightfully belongs to the previous property owner and the majority of home owners are not aware of this. So the funds go unclaimed.

The County is required to notify the previous home owners of the overage however, the notification is sent by regular mail to the last known address which, in most cases is the foreclosed property address and if the previous home owner does not do a change of address with the post office then they would never find out about the overage.

Facts:

There are over 3000 counties in the United States and the majority (it does vary by county) of these counties hold Property Tax Foreclosure Sales every week.

What we do:

We research County Records to find the Property Tax Foreclosure Sales looking for these overages for individuals just like you all across the country. Putting the money they deserve back into their hands.

How we do it:

1) We access the County Government databases.

2) We research, locate and verify that we have the most recent contact information for the person listed on the sales record in the database before we make the notification to them that they have an Tax Sale Overage or Surplus due to them.