When your house goes into foreclosure the county holds a foreclosure auction on your property to recover the remaining balance on the mortgage. However, what often happens is these properties sell for a higher amount than what was owed on the mortgage. The excess amount is due to the previous owner. However, many previous owners are unaware that they are entitled to this surplus because the surplus notification letter sent by the county is sent to the last address on record.

Beacon Asset Recovery makes recovering these funds easy. We work directly with the county in filing a surplus fund claim. It requires no upfront costs. We only get paid a contingency fee upon a Successful claim. So there is no risk to you.

We pull our data from a number of sources. One being the clerk of county court website. We are able to review foreclosure auctions which show the opening bid amount and sold amount. We also receive a list directly from the county which helps us identify individuals entitled to these funds.

After the claim is filed, we will follow up with the county or state treasury department to ensure the process is progressing smoothly. We make sure to keep our clients informed and updated throughout until successful payment occurs.

Beacon Asset Recovery Group does not charge any upfront costs. However, we do recover a contingency fee on the backend once the claim is successful.

When taxes aren’t paid within a certain timeframe, the county could seize the property and host a tax deed sale. When the property sells for more than the opening bid, the previous owner is entitled to a surplus fund.

By simply booking a free consultation, our research team will do their due diligence to see if you qualify for a surplus. Once a surplus is discovered and you qualify, we will proceed with obtaining the necessary documentations and notarizations to proceed with filing the surplus claim.