From Auction to Surplus Funds: True Value Group's Step-by-Step Guide
- Darius McGrew
- Dec 30, 2023
- 2 min read
From Auction to Surplus Funds: True Value Group's Step-by-Step Guide Foreclosure can be a challenging and stressful process for homeowners. However, there is a silver lining that many homeowners may not be aware of - surplus funds. When a foreclosed property is sold at auction, there is often an excess amount of money left over after the outstanding debt and fees are paid off. This surplus can be a significant amount and can greatly benefit the previous homeowner. At True Value Group, we specialize in helping homeowners retrieve these surplus funds. Our experienced Legal Team, with a collective tenure of over 50 years in this field, is well-equipped to handle all the legal and administrative tasks involved in the process. Here is a step-by-step guide on how we can help you maximize your homeowner value: Step 1: Document Collection We start by collecting all the necessary documents related to the foreclosure and auction. This includes the foreclosure sale documents, proof of ownership, and any other relevant paperwork. Our team ensures that all the required documents are in order and ready for the next steps. Step 2: Notarization Once we have gathered all the documents, we proceed with notarizing them. Notarization is a crucial step in the process as it validates the authenticity of the documents. Our team works closely with experienced notaries to ensure that all the necessary documents are properly notarized. Step 3: Paperwork Submission After notarization, we handle the paperwork submission on your behalf. This involves submitting the necessary documents to the appropriate authorities, such as the county clerk's office or the court. Our team is well-versed in the specific requirements of each county, ensuring a smooth and efficient submission process. Step 4: Negotiation Once the paperwork is submitted, we initiate the negotiation process with the relevant parties, such as the county treasurer or the attorney representing the surplus funds. Our experienced Legal Team utilizes their expertise and knowledge to negotiate the best possible outcome for you. We aim to maximize the amount of surplus funds you can retrieve. Step 5: Surplus Funds Retrieval Finally, we work diligently to retrieve the surplus funds on your behalf. Our nationwide coverage and direct lines of communication to hundreds of counties across the U.S. enable us to efficiently serve clients from various locations. We keep you informed throughout the process and ensure that you receive the surplus funds as quickly as possible. At True Value Group, we understand the importance of maximizing homeowner value. Our comprehensive services, experienced Legal Team, and nationwide coverage make us the ideal partner in helping you retrieve surplus funds after a foreclosure auction. Contact us today to learn more about how we can assist you in this process and help you make the most of your homeowner value.





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