Frequently Asked Questions

  1. What are surplus funds, also known as overage of funds, and/or excess proceeds? The amount of something left over when requirements have been met refers to money remaining after all liabilities, including taxes, insurance & operating expenses, are paid.

  2. What is a Tax Deed Sale? A County Tax collector has AUTHORITY to sell the homeowner’s property to the highest bidder at a Tax DEED sale for a minimum open bid in the amount of the outstanding unpaid property taxes plus interest & any additional cost associated with the sale.

  3. What is a Tax Deed SURPLUS? When a property is sold at an Auction for more than the total delinquent tax amount. Those additional funds are referred to as surplus funds or excess proceeds.

4. How did this money come about? When a property is sold at a foreclosure auction or tax deed auction sale for more than the amount owed. For example, if the property sold for $150,000, but the debt owed is $25,000 plus the auction cost of $1000, the remaining $124,000 is considered surplus funds to the former homeowners.

5. IS this a SCAM or Illegal? It is LEGAL for our company to deal with government agencies on your behalf, provided we have the proper documents, so you can have peace of mind knowing we are helping RESTORE what is rightfully owed to you. NO SCAM, IT’S LAW!

6. Do I have to pay anything to start the claim? NO upfront fees or costs to you. We take FULL responsibility for all costs/expenses, which includes legal expenses & labor requirements to file and recover your Surplus claim on your behalf - even if the surplus claim is recovered or NOT. We receive payment on a contingency basis when your claim has been successfully redeemed.