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When a property is foreclosed upon, generally because of a default in mortgages or taxes. The property is then sold at a (public auction or a sheriff sale)The proceeds of the sale are used to pay the outstanding mortgage of the lender. If the price paid is more than the amount owed to the lender, the remaining funds are referred to as "surplus funds, excess proceeds, tax overages" Are surplus funds legitimate?Yes they are, when a home or office building is sold at a foreclosure auction for more than what was owed in back taxes or mortgage payments, the previous owner has a legal right to claim the surplus.
That's when we step in.We handle all legal actions that's required to file a claim. With state licensed attorney's and registered notaries. We also handle all documents. We work directly with Counties across the whole US. Our expert agents go above all in doing due diligence. We are knowledgeable, transparent and professional with each client we have the pleasure of doing business with.