Foreclosure Overages
If your property was sold in a foreclosure auction for more than the outstanding loan balance, you might be entitled to claim the surplus funds. These funds, referred to as foreclosure surplus or overage, are held by the court but are not automatically sent to you. At Nexus Recovery Solutions, we specialize in helping former homeowners navigate the process and recover what’s rightfully theirs.
Why Choose Nexus Recovery Solutions?
Here’s why our seasoned professionals are trusted across Florida for foreclosure surplus recovery:
- Proven Experience: We have successfully handled thousands of foreclosure-related cases and recovered hundreds of thousands of dollars in surplus funds for our clients.
- Personalized Attention: When you contact us, you’ll work directly with our knowledgeable team, ensuring your case is given the attention it deserves.
- Statewide Service: We assist clients across all counties in Florida, no matter where your foreclosure took place.
- No Recovery, No Fee: We work on a contingency basis, meaning you don’t pay us unless we recover your funds.
Our Comprehensive Services
Recovering foreclosure surplus funds can be a complex process involving multiple steps and potential challenges. That’s where we excel. Our services include:
Filing Your Claim
We handle all the required paperwork to ensure your claim is properly submitted and meets the court’s strict deadlines.
Resolving Liens
Surplus funds may be contested by government entities, banks, or lienholders such as:
- Code enforcement agencies
- IRS (tax liens)
- Second mortgages or other lenders
Our experienced team will represent you in court to protect your rights and prioritize your claim.
Legal Representation
If disputes or complications arise, we provide full legal support to resolve any issues and secure your surplus funds.
Tracking and Updates
We monitor the progress of your claim, keeping you informed every step of the way and ensuring the process is as smooth as possible.
Who Can Claim Foreclosure Surplus Funds?
You may be eligible to claim surplus funds if:
- You are the former property owner: Recover the equity remaining after the foreclosure sale.
- You have a lien on the property: Mortgage lenders, government agencies, or other creditors may have valid claims.
- You are an heir or legal representative: Inherited properties may qualify for surplus recovery under specific circumstances.
Why Act Now?
In Florida, there are strict deadlines for filing a claim on foreclosure surplus funds. Failure to act in time can result in the forfeiture of your funds. Additionally, competing claims from creditors or other parties may complicate the process, making it essential to have experienced professionals on your side.
Start Your Claim Today
Recovering your surplus funds doesn’t have to be complicated. At Nexus Recovery Solutions, we handle the hard work so you can focus on what matters most. Contact us today to get started!