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Tax Sale Unclaimed Funds

Published Feb 12, 25
3 min read

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It's typically a lawyer or a paralegal that you'll finish up talking to (surplus payments). Each region of training course desires different details, however in basic, if it's an action, they desire the task chain that you have. The most recent one, we really seized so they had actually labelled the act over to us, in that instance we submitted the act over to the legal assistant.

The one that we're having to wait 90 days on, they're making certain that no one else comes in and asserts on it. They would certainly do further research study, but they simply have that 90-day duration to make certain that there are no insurance claims once it's liquidated. They process all the files and ensure everything's appropriate, after that they'll send in the checks to us

Surplus Funds List

Property Tax Foreclosed HomesTax Overages


After that one more just believed that pertained to my head and it's occurred when, from time to time there's a duration prior to it goes from the tax obligation department to the basic treasury of unclaimed funds. If it's outside a year or more years and it hasn't been asserted, maybe in the General Treasury Division

If you have an action and it takes a look at, it still would certainly be the same process. Tax obligation Overages: If you require to retrieve the taxes, take the building back. If it doesn't market, you can pay redeemer tax obligations back in and obtain the property back in a clean title. Concerning a month after they accept it.

Once it's approved, they'll claim it's going to be 2 weeks since our audit department has to process it. My favored one was in Duvall Area.

Foreclosure Sold For More Than OwedSurplus Tax Refund Check Status


The regions always respond with saying, you do not need a lawyer to fill this out. Any person can fill it out as long as you're an agent of the business or the owner of the home, you can fill out the documents out.

Florida seems to be rather contemporary as much as simply checking them and sending them in. tax sale homes near me. Some want faxes which's the most awful because we have to run over to FedEx simply to fax things in. That hasn't held true, that's just happened on 2 areas that I can think about

We have one in Orlando, but it's not out of the 90-day period. It's $32,820 with the excess. It possibly cost like $40,000 in the tax sale, yet after they took their tax money out of it, there has to do with $32,000 entrusted to assert on it. Tax Excess: A lot of counties are not going to provide you any extra details unless you ask for it however once you ask for it, they're certainly helpful at that factor - government tax foreclosure.

Tax Lien Delinquent

They're not mosting likely to provide you any type of extra details or assist you. Back to the Duvall region, that's just how I entered a really good conversation with the paralegal there. She actually explained the entire procedure to me and informed me what to request for. She was truly helpful and walked me through what the procedure looks like and what to ask for.

Yeah. It's about one-page or 2 web pages. It's never ever a negative day when that takes place. Besides all the info's online because you can just Google it and go to the area site, like we make use of normally. They have the tax obligation acts and what they spent for it. If they paid $40,000 in the tax sale, there's most likely surplus in it.

They're not mosting likely to allow it obtain expensive, they're not going to allow it get $40,000 in back tax obligations. If you see a $40,000 sale, there are possibly surplus cases in there. That would certainly be it. Tax Excess: Every county does tax repossessions or does repossessions of some type, especially when it involves property taxes.

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