- Metro Detroit Area
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Recover your Assets, Reclaim your Credit, Renew your Wealth
Compassionate support to recover unclaimed funds, eliminate debt, and rebuild your credit for a brighter financial future.
What Foreclosure Surplus Funds?
Unclaimed Money You Might Be Entitled To
Unclaimed Money You Might Be Entitled To
Surplus funds, also known as overage or excess funds, are the remaining money after a tax deed or mortgage is settled through the final judgment of a foreclosure auction conducted by the county. These funds may rightfully belong to you and are ready to be claimed.
How Surplus Funds Occur ?
When Auctions Exceed Expectations
When Auctions Exceed Expectations
During a foreclosure auction, properties sometimes sell for more than the owed debt. This excess results in surplus funds, offering former homeowners the chance to reclaim what is rightfully theirs.
About us
At Renewed Wealth Services, we help individuals reclaim unclaimed surplus funds from tax and mortgage foreclosures while providing expert credit repair services. Our goal is to guide clients through the recovery process and help improve their credit, empowering them to regain financial stability. With integrity and a personalized approach, we are committed to helping you reclaim your wealth, restore your credit, and revive your future.
Services We Provide
Renewed Wealth Services offers solutions to help you reclaim surplus funds, locate unclaimed assets, and restore your credit. We also provide convenient mobile notary services. Let us guide you toward financial freedom with expert, personalized support.
Surplus Recovery Assistance
We specialize in helping clients reclaim surplus funds from tax deeds and mortgage overages, ensuring you receive what is rightfully yours.
Credit Restoration Services
Our experts craft personalized strategies to repair your credit, improving your financial health and unlocking new opportunities for a brighter future.
Unclaimed Property Services
We specialize in locating and recovering unclaimed funds or assets that belong to you, simplifying the process every step of the way.
Reliable Notary Services
Our certified notary experts provide convenient mobile and remote services to securely notarize your important documents—wherever you are.
Why Choose Us?
At Renewed Wealth Services, we stand out for our unwavering commitment to your financial recovery. Our expert team specializes in surplus fund recovery, credit restoration, and unclaimed property services, all delivered with transparency and integrity. We prioritize your unique needs, providing personalized support without any upfront fees. With us, you gain a trusted partner dedicated to empowering you to reclaim your wealth and secure a prosperous future.
What happens after a foreclosure?
In the case of a tax deed or mortgage foreclosure, the county conducts a foreclosure auction for your property due to unpaid taxes or mortgage payments. The initial bid at this auction corresponds to the outstanding taxes or mortgage amount.
Former homeowners are often unaware that properties can sell for more than the opening bid, resulting in surplus funds for the previous owner. The county sends surplus notification letters to the last recorded address of the former homeowner, which is typically the property that was foreclosed upon, meaning they are often not informed about the surplus.
What are unclaimed state funds?
Unclaimed state funds refer to forgotten money and securities belonging to individuals, resulting from dormant accounts held in financial institutions, insurance companies, utility companies, securities, and trust holdings. These funds can include uncashed checks, money orders, insurance policies, stocks, bonds, mutual funds, trust funds, royalties, and escrow accounts.
Our Process
The process of reclaiming your foreclosure surplus funds is seamless with Renewed Wealth Services. From the initial consultation to the final claim, we’re here to guide you at every step. Explore our step-by-step approach, tailored to meet your specific needs.
The Audit
Regular audits are conducted on government agencies throughout the United States, with significant efforts dedicated to identifying the rightful owner(s).
Call Us
We’re here to address any questions you have and to kickstart the process of locating any available funds that may be owed to you.
Paperwork
After you decide to allow us to handle your claim, we will schedule a time for you to sign and notarize the necessary paperwork.
Return Paperwork
Please send the completed paperwork back to us by mail or email. Ensure all required documents are submitted, and we will take care of all upfront costs on your behalf.
Waiting Time!
Now, you can relax while we do the heavy lifting. We’ll inform you as soon as your check is on its way! Most claims are typically paid out within 3-4 months.
Expertise in Surplus Funds Recovery
We specialize in helping you recover unclaimed funds from tax and mortgage foreclosures, ensuring you receive what’s rightfully yours.
Proven Credit Repair Solutions
Our credit repair services are designed to effectively improve your credit score, setting you on a path to financial stability.
Personalized Approach
We understand that every client’s financial situation is unique. That’s why we offer tailored solutions to meet your specific needs.
Integrity and Trust
As a faith-based company, we are committed to honesty, transparency, and ethical service in everything we do.
Results-Driven
Our mission is to help you achieve financial freedom by guiding you through the recovery and credit repair process with clarity and confidence
FAQ
Frequently Asked Questions
What services do Renewed Wealth Services Provide?
Renewed Wealth Services is committed to locating and recovering surplus funds for individuals arising from foreclosure sales. Our mission is to ensure that these funds are rightfully returned to their owners or heirs through comprehensive research and recovery strategies.
Origin of the Surplus?
Surplus funds arise from property auctions when the sale price surpasses the debts owed to creditors and lienholders. We are dedicated to ensuring that this excess is returned to the former property owner or their beneficiaries. If unclaimed, these funds may be permanently taken by governmental agencies after a state-defined period.
Operational Regions?
Our services extend across the country, where we conduct audits on government entities to identify overage funds owed to individuals.
Strategy for Finding Fund Recipients?
By employing advanced research methods, skip tracing, and online investigations, we pinpoint the rightful recipients of the surplus funds.
Claim Information Confidentiality?
To ensure privacy and security, the details of the claim, including its value and location, will be shared only after a contingency fee agreement is finalized with our clients.
Why Professional Recovery Services Are Essential?
Government agencies that hold these funds do not make them readily searchable online, and the funds we identify may not be the same as those found on state unclaimed property websites. Without expert help, the chances of independently locating these funds are quite low.
Fee Schedule for Claim Submissions?
Our firm operates on a no upfront fee model, taking care of all costs associated with the claim filing and recovery process. We earn compensation solely from a percentage of the funds successfully recovered, ensuring that the majority of the proceeds go to our clients.
Timeline for Recovery?
The time required for fund recovery depends on the agency and type of claim, with durations ranging from as little as 10 days to as long as 90 days after filing.
Starting the Recovery Process?
To get started, reach out to us by phone or email. Our team will conduct a thorough consultation and then send you the necessary documents for your signature. Once we receive the completed paperwork, we will swiftly compile your claim package for filing and keep you updated throughout the recovery process until the funds are safely in your hands.