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What are surplus funds in real estate?Surplus funds refer to any excess money remaining after a property tax or mortgage foreclosure sale when the sale proceeds exceed the amount needed to satisfy the debt owed to the county or lender and cover associated fees. Money Finders LLC works on your behalf to recover the surplus funds that are rightfully yours.
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Who is entitled to surplus funds?Surplus funds are usually distributed to the homeowner (borrower) whose property was foreclosed upon, or to any other lienholders or parties with a legal interest in the property, depending on the specific laws and circumstances governing the foreclosure.
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How can a former homeowner claim surplus funds?You can partner with Money Finders LLC to claim your surplus funds efficiently. All you need to do is sign the claim documents that our mobile notary will provide and we will submit them to the appropriate agency and follow up to track the progress of the payout of your claim.
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Are there any costs or fees associated with claiming surplus funds?There may be administrative fees or legal costs associated with claiming surplus funds, depending on the jurisdiction. Money Finders LLC works on contingency, so there are no upfront costs. We only get paid when you get paid. There is no set percentage, it depends on the amount of the surplus and whether any liens are found on the property.
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What happens to surplus funds if they are not claimed?If surplus funds are not claimed within the specified time frame, they may be turned over to the state's unclaimed property division or another governmental agency, depending on local laws.
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How long does the surplus funds recovery process take?The timeline for surplus funds recovery can vary widely depending on the jurisdiction and complexity of the case. Money Finders LLC can give you an approximate timeline based on the location and details of your case.
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Why should I work with Money Finders LLC?We will professionally manage your claim and keep in touch with you through the process. If your case requires a lawyer, we have access to a wide network of surplus fund and probate lawyers nationwide. We provide highly skilled and compassionate service while we transform lives one surplus funds claim at a time!

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