Montelm
Assest
Recovery
Specialists
The support you need to get the money you deserve
Tax and Mortgage Forclosure Sale Overages
FAQ's
01
What are tax sale overages?
Tax sale overages are excess funds generated from a tax sale when the winning bid amount exceeds the delinquent tax debt and associated costs.
04
How to know if there is tax sale overages available?
The county tax or assessor's office where the property is located has a list of the overages
07
Do I have to pay money upfront for someone to do this process for me?
No! You don't pay anything until your claim has been approved. It's no risk to you to have Montelm file your claim and help you get the money you deserve.
02
How do overages occur?
Due to unpaid taxes or mortgage, the property is sold at an auction, and if the winning bid is over the taxes owed it creates an overage.
05
What is the process to claim the overage?
This varies by county and each case is unique, but generally involves submitting a claim with documentation to the appropriate government office.
08
What happens if the funds aren't claimed?
In most cases the money goes to the counties unclaimed property department.
03
Who is eligible to receive overages?
Property owners, former owners, lien holders, or anyone with a legal interest in the property is eligible to receive the overages.
06
Is there a time limit that I can claim these overages?
Yes, but this varies from state to state.
09
Can overages be contested?
In some cases yes, but we help you through the process with possible legal aid at no cost to you.