Understanding What Happens After a Foreclosure
Greetings,
In the event of a Tax Deed or Mortgage foreclosure, the county holds a foreclosure auction on your property due to unpaid taxes or Mortgage. The opening bid at this auction is for the amount of taxes or mortgage that is owed. What most people do not know is that these properties sell for an amount that is higher than the opening bid and any profit remaining is due to the previous owner.
The county sends out surplus notification letters, but most of the time it’s to the last address on record so you are never informed.
Our job is to step in and assist you in filing this claim, and we work directly with the county and can assist you in recovering these funds.
The beauty of working with us is that we charge NO upfront fees and only get paid a finder’s fee upon a successful claim, so you bear no risk at all.
What Does Your Service Cost?
Nothing upfront or out of pocket. If when and if Foreclosed on and Mad is successful claiming the funds for clients, we charge a 30% fee.
If clients don’t get anything, we don’t get anything.
What does Foreclosed on and Mad Provide?
We provide the paperwork needed to file your claim.
The paperwork includes power of attorney, claim forms, filing fees, and notary forms.
Testimonials
Gary Stone
“Stan and his team at Foreclosed on and Mad were great in assisting me to get these funds, when the auction took place I thought it was over but they told me about some money and we got paid directly from the county.”
Carl Newton
“Stan and his team helped me get money back from my mom’s old property. We had no idea there was money available and they got us paid in no time. The good thing was it didn’t cost a dime out of pocket.”
Arthel Rios
“Foreclosed on and Mad separated themselves from the other companies by providing knowledge on how foreclosures work and competitive rate on the filing.”
Sean Oh
“Foreclosed on and Mad was able to get me funds back after the foreclosure that helped me get into a new home. We thought it was over after we didn’t pay our mortgage but there was new hope.”