FAQs

Excess funds, often referred to as overbids or surplus funds, are the additional amounts generated when a property is sold at foreclosure or tax sale for more than the outstanding liens or taxes owed. These funds belong to the property owner.

If you’ve received communication from us, it’s likely that there are excess funds available from the sale of your property. However, you can always reach out to us for a comprehensive search to verify any potential funds owed to you.

At Capital Quest Group, we specialize in the recovery of excess funds. We collaborate with a wide network of attorneys nationwide to ensure that the claim process is executed correctly and efficiently. Our ‘No Win, No Fee’ promise ensures that you pay nothing upfront, and we only charge a fee when we successfully recover your funds.

The timeframe varies based on the specific details of each case, the county, and the complexity involved. However, our team works diligently to expedite the process and keep you updated every step of the way.

There might be statutory limitations depending on the jurisdiction or state. It’s advisable to start the process as soon as possible to ensure you don’t miss out on any potential claims.

Yes, if the original property owner is deceased, their rightful heirs or beneficiaries can claim the excess funds. The process may require additional documentation, but we can assist in navigating these complexities.

If the HOA foreclosed on your property and it sold for more than what you owed in dues or fees, there could be excess funds available. Just like with any other foreclosure, the surplus after covering the owed amount and costs associated with the sale should rightfully go to the property owner. Reach out to us, and we can help determine if there are excess funds from an HOA foreclosure sale awaiting you.

Yes, homeowners can attempt to claim excess funds on their own. However, the process can be complex and often requires an understanding of local statutes, deadlines, and paperwork. Capital Quest Group offers expertise in navigating this process to ensure you receive your funds without unnecessary complications or delays.

The amount of excess funds is determined by subtracting the total owed (like mortgage balances, liens, and any other outstanding debts) from the sale price of the property at foreclosure or tax sale. The remaining amount is the excess funds that belong to the former property owner.

Yes, if you’ve been contacted by another company but have not signed any paperwork with them, you can still choose to work with us. We advise you to compare services, fees, and reputation to make an informed decision.