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Writer's pictureAndrew Acevedo

Surplus Funds: Understanding What Happens After a Foreclosure or Tax Auction

Updated: Aug 8

After a property undergoes a tax auction or mortgage foreclosure, the county or trustee holds an auction due to unpaid taxes or mortgage debt. The auction typically begins with a bid set at the amount owed.


Many people are unaware that their properties often sell for more than what is owed. This money is sometimes able to be recovered by the previous owner or their family/heirs.


The challenge: Notification letters are sent by the county or trustee, but they often do a bad job at reaching out. As a result, you may not have received information about the surplus funds owed to you. That's where we step in.


We specialize in assisting you with filing a claim to recover these funds. We handle the correspondence with the county or trustee to ensure you receive what is rightfully yours.


The best part? We do not charge any upfront fees and only receive a finder's fee if your claim is successful. This way, you assume no financial risk.


Feel free to contact us through our website or a direct contact we have is Andrew Acevedo. Recovery agent at (786) 667-3639. We look forward to assisting you!

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