Jubilee Surplus Funds

How It Works

When real estate is sold at a tax deed or foreclosure auction for more than the outstanding debt, the excess balance becomes "surplus funds." The county holds on to those funds, and the former owner(s) rarely get the notifications.

• The Foreclosure or Tax Deed Scenario: Let's say $10,000 is the outstanding debt.


• The Auction: The county lists the property at an auction for $10,000 starting bid. The property could be valued more than the starting bid. For this example let's say it's worth $100,000. Various bidders raise the winning bid to $60,000.


• The Surplus Funds: The outstanding debt of $10,000 is paid first, but the extra $50,000 will be the surplus funds owed to the previous owner. If these funds are not claimed in a timely manner, the county can keep those surplus funds!


• The Math: $60,000 (property sold) - $10,000 (debt paid) = $50,000 (Surplus Funds)

To Do List

If you or a relative previously owned a property that went to a foreclosure or tax sale, it is highly likely you're entitled to surplus funds. However, time can be your biggest enemy.

The county will send a few notifications to the previous owner at the foreclosed/sold property they no longer live at to say they tried. Not a strong attempt at all!

Sense of Urgency: Most state and county laws place a strict statute of limitations on claiming these funds—sometimes as short as 90 to 120 days. If a claim is not legally filed before this countdown ends, the county gets to keep your money.

DISCLAIMER: YOU ARE ALLOWED TO CLAIM THE MONEY YOURSELF FOR FREE! IF YOU WOULD LIKE TO FILE YOUR CLAIM WITHOUT ASSISTANCE, THERE ARE NO LICENSES OR CERTIFICATIONS REQUIRED. PLEASE DO YOUR DUE DILIGENCE AND RESEARCH AND BE ADVISED THAT ANY MISTAKE (MINOR OR MAJOR) CAN CAUSE A FILED CLAIM TO BE REJECTED.

What You Can Do:

Why use JSF

Jubilee Surplus Funds provides an advocate in your corner to navigate the red tape. We monitor court records daily, track down rightful heirs, and take care of all the dotting of the i's and crossing of the t's so you can simply wait on your funds to arrive.

Recovering surplus funds from local government agencies requires extensive legal expertise and precise documentation. A single administrative error can result in an immediate denial of your claim.

NO UP FRONT COSTS! We work on a 100% contingency basis, an take care of the entire process for you.

We don't get paid unless you get paid!

The Process: It varies pending the lacation of the surplus funds, the complexity of your claim, state laws, and/or any other local government agency requirements.

General Summary:

(Not a complete description of the process. Other actions may need to take place as necessary.)

THIS MONEY IS YOURS! LET JUBILEE SURPLUS FUNDS HELP YOU GET IT BACK!

Contact Us

Ready to reclaim what is yours? Enter your details below along with the property address and message, and our audit team will immediately verify your claim status.

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