Foreclosure Surplus
When Your Home Was Foreclosed, The Bank May Still Owe You Money.
If your home was sold at a foreclosure auction for more than you owed, the difference, called the "surplus" or "overage," legally belongs to you. Most former homeowners never find out. We do.
Typical recoveries range from $30,000 to $100,000 or more. There is no upfront cost and no obligation to find out if you qualify.
These Funds Have a Deadline, and It May Be Closer Than You Think
Each state sets its own statute of limitations on foreclosure surplus claims, often just a few years from the date of the auction sale. Once that window closes, the surplus is absorbed by the government through a process called "escheatment" and is permanently forfeited. If you or someone you know has been through a foreclosure, the time to check is now.
What Is a Foreclosure Surplus?
When a lender forecloses on a home and sells it at a public auction, the proceeds first pay off the outstanding mortgage balance, interest, and any associated fees. If the auction sale price exceeds the total amount owed, the remaining funds are the "surplus," and the law says that money belongs to the former homeowner.
Unfortunately, government agencies and courts are under no obligation to proactively notify you that this money exists. They may send a letter to an old address on file, and that's it! Many people who lost their homes moved on without ever knowing thousands of dollars were being held in their name.
That's where we come in. We audit court records and government files to find these hidden surpluses, track down the rightful owners, and handle the entire recovery process at no upfront cost to you.
Foreclosure surplus funds are entirely separate from your former mortgage, credit history, or any deficiency judgment. This is money the auction generated beyond what was owed, and it belongs to you regardless of the circumstances of the foreclosure.
You May Qualify If:
Your home was foreclosed and sold at a public auction- The auction sale price exceeded your total mortgage balance and fees
- You have not yet received or claimed the surplus funds
- The applicable state deadline has not yet passed
- You are the former owner of record on the foreclosed property
Typical Recovery Amounts
Foreclosure surpluses vary widely depending on property values and what was owed, but recoveries of $30,000 to $100,000 or more are common. Some clients are surprised to find they're owed significantly large amounts.
How the Recovery Process Works
Simple, straightforward, and completely free to start. We take on all the risk so you don't have to.
The Audit
We audit governmental agencies across the country, digging deep into courthouse records that 99% of citizens don't even know exist, to locate surplus funds owed to private individuals.
We Find You
If you've received a letter, postcard, or phone call from us, it's because we've already found funds we believe belong to you. We expend great effort to locate rightful owners before the deadline.
Paperwork & Agreement
Once you agree to let us work your claim, we arrange a notary to bring documents for signing. Our firm works on a contingency basis: No upfront costs or out-of-pocket expenses from you.
We Handle Everything
We do ALL the work, pay ALL the expenses, and navigate ALL the administrative requirements. We're paid only upon successful collection. If the claim fails, you owe us nothing.
Why Work With Randall Parker, MBA?
We are a small group of abandoned money professionals dedicated to reuniting private citizens with funds the government is holding on their behalf. We've been trained and certified as Taxpayer Refund Recovery Specialists by the top attorney in this field — a credential held by fewer than 100 people nationwide.
- Trained & certified as Taxpayer Refund Recovery Specialists
- We know the specific requirements of government agencies in all 50 states
- 100% contingency basis. No upfront fees, ever
- We take all the financial risk so you don't have to
- Regular updates throughout the entire claims process
100% Contingency: Zero Risk to You
Our firm works exclusively on a contingency basis. We pay all expenses, handle all paperwork, and jump through every administrative hoop required to file your claim. We are compensated only when we successfully recover your funds.
If your claim is unsuccessful for any reason, you owe us absolutely nothing. We take all the financial risk. That's how confident we are in our process.
Serving Clients Nationwide
We audit government agencies and courthouse records in all 50 states. Distance is never a barrier; the entire process can be completed remotely.
Frequently Asked Questions
Everything you need to know about foreclosure surplus recovery.
What is foreclosure surplus (overage)?
When a foreclosed home sells at auction for more than the total amount owed, including the mortgage balance, fees, and costs, the extra money is called a 'surplus' or 'overage.' By law, this money belongs to the former homeowner, not the bank and not the government.
How much could I be owed?
Foreclosure surplus amounts vary based on property values and what was owed. Typical recoveries range from $30,000 to $100,000 or more. Some homeowners are surprised to find they're owed significantly large sums.
Is there really no cost to me?
This is correct. We work entirely on a contingency basis. We research your claim, handle all paperwork, pay all expenses, and are only compensated if we successfully recover funds on your behalf. If the claim is unsuccessful, you owe us nothing.
How long do I have to claim my funds?
Each state sets its own deadline, and many are surprisingly short, often just a few years from the date of the foreclosure sale. Once that window closes, the funds are absorbed by the government permanently. Time is critical.
What if the foreclosure happened years ago?
It depends on the state and the specific timeline. Many older foreclosures still have claimable surpluses. Contact us as soon as possible so we can research your specific situation before any deadline passes.
What information do I need to provide?
We typically need your name, the former property address, and your contact information. Our team handles all the research and court record review from there.
Don't Let the Government Keep Your Money
If you've been through a foreclosure, whether it was last year or several years ago, there may be thousands of dollars being held in your name right now. The only way to know is to check.