Tax Sale Excess Funds
Tax Sale Excess Funds
When a Georgia property is sold at a county tax sale for more than what was owed, the remaining balance may belong to the former owner or another rightful party. HSP helps determine whether such funds exist and what it takes to pursue them.
When a property is sold at a county tax sale, the sale price sometimes exceeds the taxes, fees, and costs owed. That difference is known as tax sale excess funds.
These funds are generally held by the county and may be owed to the former property owner or other parties with a legal interest in the property at the time of the sale.
Many former owners are unaware that excess funds exist, have moved, or are difficult for counties to locate.
Claiming these funds typically requires identifying the correct county process, preparing documentation, establishing chain of title or heirship, and submitting a claim within applicable deadlines.
HSP researches county tax sale records, identifies potential excess funds matters, and helps former owners, heirs, and estate representatives understand whether a claim may exist and what documentation is required.
Important distinction
Tax sale excess funds and mortgage foreclosure surplus are different categories of funds, arising from different processes and governed by different rules. A property may be involved in one, both, or neither. HSP evaluates each matter separately to determine which category, if any, applies.