Understanding excess proceeds

When a property is sold through a foreclosure or tax sale, it may sell for more than the amount owed on the mortgage, taxes, or associated costs. That remaining balance is known as excess proceeds (sometimes called surplus funds). In many cases, these funds do not automatically go to the former property owner or heirs. Instead, they may be held by a county, court, or other government entity until a proper claim is submitted.

Who may be entitled to excess proceeds?

Eligibility varies by state, but individuals who may be entitled to excess proceeds can include: • Former property owners • Heirs or estates of deceased property owners • Other parties with a valid legal interest at the time of sale

Each case depends on state-specific laws, documentation requirements, and filing deadlines.

Why excess proceeds go unclaimed

Many people are unaware that excess proceeds exist or that they must take action to recover them. Common reasons funds remain unclaimed include: • Notices being sent to outdated addresses • Lack of awareness about eligibility • Confusing filing procedures • Strict deadlines and documentation requirements

Without proper guidance, eligible individuals may miss their opportunity to pursue these funds.

How dh recovery agent can help

DH Recovery Agent provides administrative assistance to help clients: • Understand what excess proceeds are • Determine whether they may be eligible • Navigate the claim preparation process • Submit required documentation accurately and on time

We focus on clarity, transparency, and ethical service, helping clients understand their options without unnecessary pressure.

DH Recovery Agent is not a law firm. Deborah Hyppolite is not an attorney and does not provide legal advice. Services are limited to non-legal administrative assistance related to excess proceeds research and claim preparation. Eligibility, fees, and timelines vary by state law. No outcome is guaranteed.