Tax Sale Overages
When a tax sale generates more than the taxes owed, the surplus may be claimable. We purchase eligible tax sale overage claims for cash.
What Is a Tax Sale Overage?
When a property owner fails to pay property taxes, the county or municipality may sell the property at a tax sale to recover the unpaid taxes. If the sale price exceeds the amount of taxes, penalties, and costs owed, the remaining balance is called a tax sale overage or tax surplus. In most jurisdictions, the former property owner has a legal right to claim this surplus, subject to any competing claims.
Who Is Eligible?
The SurplusFactor Process
Claim Verification
We verify the tax sale details, the surplus amount, your identity and entitlement, and any redemption periods or competing claims.
Underwriting & Offer
We calculate a fair cash purchase price based on expected recovery, redemption risk, jurisdiction rules, and collection timeline.
Assignment & Payment
You sign the assignment, receive your cash payment, and we pursue collection from the county or municipality.
Important Note
Many states have a redemption period during which the former owner can reclaim the property by paying the taxes plus costs. We account for redemption risk in our underwriting. We also verify that any redemption period has expired or is properly addressed before making an offer.