frequently asked questions about tax deeds and foreclosure surplus funds

ERNA PI AND INSURANCE AGENCY

 Q: What are tax deeds and foreclosure surplus funds?

A: Tax deeds and foreclosure surplus funds are related to properties that have gone through foreclosure proceedings. When a property is sold at auction to satisfy outstanding debts, any surplus funds left over may be available to the previous owner or their heirs.

Q: How can I determine if there are any tax deeds or foreclosure surplus funds associated with my name? A: Our agency can conduct a search in our database to determine if there are any tax deeds or foreclosure surplus funds linked to your name. We will need your consent and some basic information to initiate the search.

Q: What documents or information do I need to provide to pursue a claim for tax deeds or foreclosure surplus funds? A: The specific documents and information required may vary depending on the case. Generally, you may need to provide property ownership records, foreclosure sale documentation, proof of identity, and any other relevant paperwork related to the tax deeds or foreclosure process.

Q: How can I initiate the claim process for tax deeds or foreclosure surplus funds? A: Once we determine your eligibility, our agency will guide you through the necessary steps to initiate the claim process. This may involve completing forms, gathering required documentation, and following legal procedures. We will provide you with detailed instructions and a dedicated point of contact to assist you throughout the process.

Q: What happens after I submit the required documents for claiming tax deeds or foreclosure surplus funds? A: Once you submit the required documents, our agency will review them to ensure everything is in order. If any additional information or documentation is needed, we will inform you promptly. We will then proceed with the necessary steps to pursue your claim, which may involve working with relevant authorities or legal entities.

Q: How long does it typically take to receive tax deeds or foreclosure surplus funds after submitting a claim? A: The timeframe for receiving tax deeds or foreclosure surplus funds can vary depending on the complexity of the case and the specific processes involved. Our agency will strive to expedite the claim process as much as possible and keep you informed about any updates or developments along the way.

Q: What fees or costs are associated with pursuing a claim for tax deeds or foreclosure surplus funds?Erna Pi A: Our agency works on a contingency basis, which means we only charge a fee if we are successful in recovering the funds on your behalf. The fee structure will be clearly explained to you, and any costs or fees will be deducted from the funds we recover for you. You will not have to pay any upfront fees.

Q: What happens if the claim for tax deeds or foreclosure surplus funds is unsuccessful? A: In the event that the claim is unsuccessful, our agency will not charge you any fees for our services. We work diligently to maximize the chances of a successful claim, but in some cases, factors beyond our control may prevent a favorable outcome.