Understanding What Happens After a Foreclosure
Greetings,
In the event of a Tax Deed or Mortgage foreclosure, the county holds a foreclosure auction on your property due to unpaid taxes or Mortgage. The opening bid at this auction is for the amount of taxes or mortgage that is owed.
What most people do not know is that these properties sell for an amount that is higher than the opening bid and any profit remaining is due to the previous owner.
The county sends out surplus notifications letters, but most of the time it's to the last address on record so you are never informed.
Our job is to step in and assist you in filing this claim, we work directly with the county and can assist you in recovering these funds.
The beauty of working with us is that we charge NO upfront fees and only get paid a finders fee upon a successful claim, so you bear no risk at all.
What Does Your Service Cost?
Nothing upfront or out of pocket. If when and if Funds Recovery Co is successful claiming the funds for clients, we charge 10% fee. If clients don't get anything, we don't get anything.
What does Funds Recovery Co Provide?
We provide the paperwork needed to file your claim. The paperwork includes power of attorney, claim forms, filing fees, and notarie forms
Can I do this Myself?
Yes. Funds Recovery Co makes the process easier to claim the funds. If you have the research resources and expertise you can. You'll have to collect the proper documents, paperwork to file the claim, notaries and filing fees. Depending on the circumstance you might have to attend a court hearing.