Estate & Heir Claims
When a deceased former property owner was entitled to surplus funds, their legal heirs or estate representatives may have a claim. We purchase eligible estate and heir claims for cash.
What Is an Estate or Heir Surplus Claim?
When a property owner passes away before or after a foreclosure or tax sale, their legal right to any surplus funds becomes part of their estate. The executor, administrator, or legal heirs may have the right to claim those surplus funds. However, proving entitlement often requires probate court documentation, death certificates, and heirship verification, which can be complex and time-consuming.
Who Is Eligible?
The SurplusFactor Process
Estate Verification
We verify the foreclosure or tax sale details, confirm the deceased owner's entitlement, and review probate documents, heirship, and competing claims.
Underwriting & Offer
We calculate a fair cash purchase price accounting for probate complexity, heirship verification, competing interests, and collection timeline.
Assignment & Payment
The estate representative signs the assignment, you receive your cash payment, and we handle the probate court process and collection.
Important Note
Estate claims often require probate court approval before surplus funds can be released. We work with probate attorneys to ensure all requirements are met. In some cases, the court may need to approve the assignment of the claim. We account for these legal requirements in our underwriting.