Specialty Finance — Surplus Claims
A Fairer Way to Access Your Surplus
If you are owed surplus funds from a foreclosure or tax sale, SurplusFactor purchases eligible claims for cash. You receive guaranteed payment now, and we assume the risk and wait of collecting later.
No obligation. Clear written terms. Independent decision-making.
What do we buy?
We purchase surplus funds claims of every eligible type and size. Surplus funds, also called excess funds or overages, are the proceeds left over when a foreclosed property sells at auction for more than the total debt and fees owed.
Former Property Owners
The person or entity who held title to the property immediately prior to the foreclosure or tax sale.
Junior Lienholders
Mortgage lenders, second-lien holders, or security deed holders whose liens were extinguished by the sale.
Judgment Creditors
Parties who legally entered a monetary judgment against the former owner in the county where the property is situated.
Legal Representatives
Executors, administrators, or heirs when the primary former owner is deceased.
All Claim Sizes
From modest overages to six-figure surpluses, we evaluate every eligible claim on its own merits.
Why sell your claim to SurplusFactor?
We are a principal purchaser using our own capital. We verify your claim, estimate collection probability, time, and cost, make a transparent cash purchase offer, take the permitted assignment, and assume the recovery risk.
Underwritten, Not Arbitrary
We do not quote a flat percentage. Every offer is calculated from the verified claim amount, competing interests, entitlement confidence, jurisdiction, documentation, expected collection time, and legal cost.
The Fair Offer Standard
For standard qualifying claims, we aim to offer at least 75% of the verified expected recovery. We generally will not purchase a claim requiring a discount greater than 50%.
Cash Now, Not Years Later
The timeline to recover surplus funds can range from months to years. You receive guaranteed payment now, and we assume the full risk and cost of collection.
No Offer Is Sometimes the Answer
If we cannot make a reasonable offer without taking an excessive portion of your equity, we will tell you and explain other recovery options instead.
How it works
A straightforward, transparent process from verification to payment.
We Verify Your Claim
Using SurplusPlatform, we confirm the surplus amount, the source of funds, your identity and entitlement, any competing liens or claims, and the applicable jurisdiction rules.
You Receive a Fair Offer
Our underwriting engine calculates a transparent cash purchase price based on expected recovery, collection risk, legal cost, and time. You see exactly how we arrived at the number.
You Get Paid, We Collect
Once you accept and sign the permitted assignment, you receive your cash. We then pursue collection from the government holder and assume all risk of delay or non-recovery.
Ready to find out what your claim is worth?
Request a Fair Offer and a SurplusFactor specialist will review your claim and contact you with a transparent cash purchase price.
Or contact us and we will respond within one business day.