Foreclosure surplus
Excess proceeds that may remain after a mortgage foreclosure sale and payment of the amounts tied to the proceeding.
What we recover
Four sale types. One focused mission.
When a property sells for more than the debts and costs attached to the sale, excess proceeds may remain. We specialize in helping potential claimants pursue those surplus funds.
Sheriff sale surplus
Possible funds left after a court-authorized sheriff sale satisfies the judgment, sale expenses, and other required amounts.
Tax lien / tax deed surplus
Potential excess proceeds connected to a tax deed sale or a later property sale arising from unpaid property taxes, depending on the jurisdiction.
HOA sale surplus
Potential excess proceeds following an association-led sale for unpaid assessments, fees, or related charges.
In plain language
Understanding the sale behind the claim
The terms can sound similar, but each sale starts for a different reason and follows its own state and county procedures.
What is a foreclosure?
A foreclosure is the legal process a lender may use when a mortgage is not paid. The property is sold to satisfy the secured debt. If the sale brings in more than the amounts owed and allowed costs, the difference may become surplus funds.
What is a sheriff sale?
A sheriff sale is a public auction carried out by a sheriff or other authorized official under a court order. It is often used to enforce a judgment or foreclosure. Money remaining after required debts and expenses may be available to eligible parties.
What is a tax lien or tax deed sale?
When property taxes are unpaid, some jurisdictions sell a tax lien or certificate rather than the property itself. Others may later sell or transfer the property through a tax deed sale or foreclosure process. Surplus funds generally arise from a property sale after taxes, costs, and other required claims are paid. The procedure and rights vary by jurisdiction.
What is an HOA sale?
An HOA sale may happen when a homeowners association enforces a lien for unpaid assessments or related charges. The property is sold under the applicable process, and any balance after valid obligations are paid may be surplus.
Time is of the essence.
Surplus funds claims can be governed by deadlines, notice requirements, and procedures that differ from one jurisdiction to another.
Waiting can make a claim more difficult. Early action gives you more time to identify the sale, review the available records, and understand the next step.
How it works
A clear path from discovery to claim.
Asset recovery requires careful record review and attention to the rules where the sale occurred.
Identify
Start with the property and sale details connected to possible excess proceeds.
Review
We work directly with the county and the trustee holding the funds after the sale to review the available information and applicable process.
Pursue
Move forward with the documentation and next steps required for the potential claim.
Talk with us
Start with the property details.
If you believe surplus funds may be connected to a property sale, contact MumbaCorpLLC. We serve clients nationwide.
No upfront fee. MumbaCorpLLC is paid a percentage of the funds recovered only after the claim has been funded and completed.
- Office
- 754-215-4744
- @mumbacorpllc
- Coverage
- All 50 states and every county