CORE SURPLUS RECOVERY
We work directly with the county!
We are licensed and work directly with the county to assist individuals in filing claims. We perform an audit on the county records and they provide us with information and updates on the statuses of claims.
No Upfront Fees
- As surplus recovery specialists, we believe in providing our services without placing any financial burden on our clients. That's why we charge no upfront fees. We operate on a contingency basis, meaning we only receive payment if we are successful in recovering the funds on your behalf. This approach ensures that our interests are aligned with yours, and you can trust that we will work diligently to maximize your claim.
Covering Legal Expenses
- We recognize that legal fees can be a significant obstacle when pursuing unclaimed funds. To ease this burden, we assume responsibility for all legal expenses related to the claim. Our team consists of licensed attorneys located in every state, equipped with the necessary expertise to manage the legal facets of the process. This assurance enables our clients to rest assured, knowing that their claim is in the hands of experienced professionals who will adeptly navigate any legal challenges on their behalf.
Obtaining Direct Lists from County Sources
- In our efforts to simplify procedures, we've forged direct links with county treasury departments. Through these connections, we obtain regular updates of individuals entitled to unclaimed funds directly from the counties themselves. This approach allows us to swiftly and effectively identify potential claimants, ensuring that no eligible funds slip through the cracks.
Dedicated Researchers and Private Investigators
- At Core Tax Deeds LLC, we have a dedicated team of researchers and private investigators who play a crucial role in our success. They employ their expertise to locate individuals who may be entitled to unclaimed funds. Once identified, we reach out to these individuals and explain our process, providing them with the necessary information to initiate their claim.
Understanding What Happens After a Foreclosure
- In the event of a tax deed or mortgage foreclosure, the county conducts an auction on the property to recoup unpaid taxes or mortgage debt. What many aren't aware of is that these properties often sell for more than the initial bid, resulting in surplus funds. These remaining profits are rightfully owed to the previous owner.
- The county sends out surplus notification letters, but most of the time it's to the last address on record so many 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 finder's fee upon a successful claim, So you bear no risk at all.
Unclaimed State Funds
Unclaimed state funds are forgotten money from individuals. This might sound strange but it's true, many people have unclaimed funds that are due to them. When Bank accounts, safety deposit boxes, uncashed checks, money orders, insurance policies, stocks, bonds, mutual funds, trust funds, royalties, and escrow accounts go unclaimed, they end up in the state's treasury. These institutions are required to do an annual report to the state's treasury and after a few years of failed contact, they turn these funds over to the state.
- We work directly with the state and are licensed finders who will assist you in filing the claim to recover these funds.
- We charge NO upfront fees and handle all of the filings for you
- 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.
How it works
At Core Tax Deeds LLC, we manage the entire filing process from start to finish. This includes conducting thorough research, handling all documentation, covering legal fees, and providing follow-up support. Our clients can rest easy knowing that we'll handle all the complexities on their behalf. Trust us to efficiently and professionally assist you in reclaiming your surplus funds. Get in touch with us today to begin the process of reclaiming what rightfully belongs to you.
Identification of Surplus Funds: When a property is sold at auction by the county, any surplus funds or excess proceeds remaining after satisfying the outstanding debts (such as taxes or mortgage payments) are legally due to the previous owner or their heirs. We receive a comprehensive list directly from the county, which helps us identify individuals entitled to these funds.
Research and Agreement:
- Once we have identified potential claimants, our dedicated team of researchers and private investigators conduct extensive research to locate the individuals or their heirs. Once located, we reach out and provide them with an agreement form to initiate the process of reclaiming the surplus funds.
Title Search and Liens Check
- To ensure a smooth and successful claim, we perform a thorough title search on the property associated with the surplus funds. This search helps us identify any outstanding liens or creditors that need to be addressed during the claim process.
Preparation of Legal Documents
- Our experienced team takes care of preparing all necessary legal documents required for the claim. We handle the entire documentation process and bear all legal filing fees, relieving our clients of any financial burdens associated with the claim.
Notarization and Claim Submission
- Once the legal documents are prepared, we proceed with getting the county documents notarized to validate the claim. We then submit the claim to the appropriate county or state treasury department on behalf of our clients.
Successful Payout
- Our dedicated efforts and expertise maximize the chances of a successful payout. Once the surplus funds are disbursed to the rightful owner or heirs, we receive our contingency fee as agreed upon previously.
Time is of the Essence
- There is a time limit to claim excess proceeds of the tax sale of a property. If no claimant establishes entitlement to the proceeds within two years of the sale of the property, the clerk's office shall distribute the funds to each taxing unit participating in the sale of the property (Property Tax Code 34.021). Each state is different.
Schedule A Strategy Call
Take the First Step Toward Recovery
Don't let unclaimed surplus funds slip through your fingers. Take advantage of our expertise and let us help you reclaim what is rightfully yours. Contact Surplus Recovery Specialist today for your free consultation and start the process of unlocking hidden funds from property sales.
