How Surplus Fund Verification Works: What Homeowners Need to Know
When a property is sold at a sheriff sale or tax auction, the winning bid often exceeds the amount owed on the mortgage or taxes. The extra money is called surplus funds — and most former owners never realize they’re entitled to claim it.
Surplus verification is the first and most important step in the recovery process. It involves confirming whether funds exist, identifying the exact amount, and determining which county office is holding the money. Because every county has its own rules, timelines, and documentation requirements, verification must be done carefully and accurately.
At Legacy Surplus Partners, we conduct a full verification review for each case, including sale records, county ledgers, and legal notices. This ensures you know exactly what you’re owed before any paperwork begins. Our goal is simple: provide clarity, accuracy, and a compliant path forward.