Service
HOA & Condo Foreclosure Surplus Recovery
Homeowners associations and condominium associations can foreclose on unpaid assessments in many states. Because the debt is usually small relative to the property's value, these sales can leave a meaningful amount of money behind after the association's lien and costs are satisfied.
Whether that money is claimable, and by whom, depends on the state's association-lien statute and on what other liens survived the sale. We check both before recommending a claim.
Who this is for
- Owners whose unit or home was sold at an association assessment foreclosure
- Heirs of an owner in an HOA or condominium community
- Co-owners who shared title in the unit that was sold
What we do
- Pull the association foreclosure file and the sale results
- Confirm the assessment lien amount, fees and costs paid from the sale
- Determine whether surplus exists and who has priority to it
- Prepare the claim package for the court, trustee or custodian holding the funds
What we typically need from you
- Government photo ID
- Deed or closing documents for the unit
- Association correspondence, lien notices or the foreclosure case number
Important to know
- Association foreclosure surplus is only available in some states and only in some sale structures. Eligibility is confirmed case by case.
- A surviving first mortgage may absorb the proceeds, leaving no claimable surplus.
Free records search. No upfront fees — our fee is deducted only if and when funds are successfully recovered. Rules, eligibility and deadlines are set by each state and county.
Check your state's process
Who may claim, how long they have and which office holds the money changes by state.
Open the Surplus Recovery State GuideOther services
- Mortgage Foreclosure Surplus Funds Recovery
- Tax Foreclosure & Tax Sale Excess Proceeds Recovery
- Estate & Heir Surplus Funds Recovery
- Multiple-Owner Surplus Claims