The Hidden Truth About Foreclosure and Tax Sales
Did You Lose Your Property to Foreclosure? You Might Be Owed Thousands in Surplus Funds. www.arzeeka.com 16/02/2026. The Hidden Truth About Foreclosure and Tax Sales Most people believe that once a property is sold at a foreclosure or tax deed auction, the story ends there. They think the bank or the government keeps everything. Foreclosure Sale That is often not true. If your property sold for more than the debt owed (mortgage, taxes, and fees), the remaining money—called Surplus Funds—legally belongs to YOU. In many cases, these funds amount to tens or even hundreds of thousands of dollars sitting in a court-held account, waiting to be claimed. Why These Funds Go Unclaimed The government is not required to "hunt you down" to give you this money. If you don't file a formal legal claim within the state’s deadline (which can be as short as one year in states like Florida), that money is often forfeited to the state. The Arzeeka Asset Recovery Difference At Arzeeka, we s...