Please reach us at sholt@wecareassetrecovery.com if you cannot find an answer to your question.
Our services consist of assisting people with filing claims for Foreclosed Mortgages/Tax Sale
Overages/Unclaimed Property/HUD Refunds
Claimants NEVER pay any out-of- pocket expenses. Our firm pays ALL expenses and we only get paid after the claimant receives their funds. If there's no funds to claims, then there's no fees to pay!
As you know this is a legal claim and we do have filing fees; we do have our attorneys that take care of this. The fees can vary from 10 - 30% which covers all legal fees and our leg work to actual do this claim. Another thing to keep in mind is that each county/state is different and some claims are more complex than others.
If a property has delinquent tax, the county tax collector will issue a tax lien on the property as an attempt to recoup the past-due taxes. Eventually, if the defaulting taxpayer fails to pay the past-due taxes, the property will go to tax deed sale at a public auction. At the delinquent-tax sale, the property is sold to the successful bidder, which for most treasurer's offices is the highest bid above the delinquent property tax plus penalties, fees, or assessments.
When a property is sold at a tax foreclosure sale for more than the total delinquent tax amount, any excess funds over that amount are placed into an overage account, which can be claimed and collected by interested parties such as the property owner, heirs of an estate, or even the mortgagee, depending on the circumstance.
State law defines who has the right to collect tax surplus after a sale, which in most states defaults to the property owner at the time of the auction. There are some states that do not offer tax sale overages at all; in those cases, the state becomes the rightful owner after the sale regardless of whether or not there is an overage. Meanwhile, in other states, parties who have recorded equitable interest, such as an heir or a lender of a mortgage, may also have a right to collect any overage money in certain circumstances.
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