Enroll in our lead generation service
Enroll in our Georgia excess funds lead generation service to get up to date surplus funds leads from recently held foreclosure auctions. We provide all the necessary details along with previous owners detail, property detail, auction detail or any customized field you needed to work as a recovery agent.
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Georgia Excess Funds List
Georgia Tax foreclosure go through a judicial sale process to collect due taxes and costs. So there is a filling of judicial case to complete the sale process. Having access to court records is very useful to recovery agents to verify the availability of surplus funds without calling the court. It’s also possible to learn if any of the involved party is active in court premises and going through a claiming process to collect their portion of surplus.
On the other hand Mortgage foreclosure goes through a non judicial or power of sale process to collect lenders debt. So it’s not possible to find a list of surplus funds in any of the county network. The trustee of the loan who performs the sale , keeps the residue fund in a trust account. Funds from mortgage foreclosure can be verified by calling the trustee. It is very important for recovery agents or professionals to know about the sale process to efficiently collect high quality surplus leads.
In surplusindex.com excess funds list directory, we provide all the necessary resources a recovery agent need to do the research and verify leads. You can also enroll in our lead generation service to receive hassle free leads from all the counties of Georgia and stay up to date.
Georgia Surplus LAw
Tax Foreclosure
Title 48 – Chapter 4 – Section 5
If there are any excess funds after paying taxes, costs, and all expenses of a sale made by the tax collector, tax commissioner or sheriff, or other officer holding excess funds, the officer selling the property shall give written notice of such excess funds to the record owner ……
Mortgage Foreclosure
Title 44 – Chapter 14 – Section 125-126
The money arising from the sale of the property shall be paid to the trustee unless claimed by some other lien which by law may have priority over the deed; and, when there is any surplus after paying the sums due under the deed and other liens, the surplus shall be paid to the maker of the deed or his agent……