We specialize in non-traditional real estate processes
Funds Recovery | Note Acquisition | Storage Units
Are you offering to buy my home?
No. We provide money recovery services for folks that have lost their home in foreclosure when the property sells for more then the lender is owed.
What if I'm talking with someone who is wanting to buy my home.
Keep working with them. The contract we make with you gets canceled if you are able to resolve the situation before the foreclosure sale. We'll just be "at the ready" if the foreclosure sale does happen. We're your backup plan. No Pressure.
Why can't I do this myself?
You can. Do the research. Fill out and file the documents. Pay for court and attorney fee's. Yes - you can do this yourself - if you have the time, and money to get the process moving. If you want it all done for you - sign up with us.
This sounds like a scam.
We get this comment sometimes but what exactly is the scam? We use a contract that requires no money up front from you, we pay expenses and do not back-bill for them, and our fee can only be a portion of the money recovered. No money recovered means no fee.
Why would I want to do this?
After the lender is paid what they are owed, the rest is your money. If you don't claim it, after a while it could be absorbed into the local or state treasury. Don't let the government keep what is yours.
After the lenders gets what they are owed - the rest is really mine?
If other debts are filed, and can be validated, the entity holding the money may pay those before releasing any funds. There could also be foreclosure administration fees (usually accessed by the selling entity (usually Sheriff's office) and the third party company hired to process the sale that could be deducted before funds are released. But otherwise the money is yours (after our recovery percentage).
Okay, but why would I sign with you?
No risk sign up. Lower fees than other providers. No recovery, no fee. Fee can only be a portion of recovery. As we say - really a no risk sign up.
What if I've signed with a different recovery agent already?
If you signed with someone else you probably should stay with them if they have started the process and you're happy with them so far. We don't want to take anyone's business away. You can ask to be released but they will probably say no.
How long will the recovery take?
Regardless of where the money is held its likely a court that will decide on its release, so it is often not a quick process. The timeline you should prepare is somewhere around three months at the minimum. Could be shorter, but just as likely could be longer.
How did you find out about my foreclosure?
Foreclosure records are public records (as most court documents are). Foreclosure records are open to literally anyone who wants to look
Will I have to give you any personal information?
It depends on what the agency holding the funds needs to validate your claim to the money. We only require the property address, your name and contact info to sign up. More detailed info may be required later to recover money.
Is there a minimum you will recover?
Ultimately we are still a business. We need each recoverable amount to be a certain level, usually around $30,000 or so.
If the recovery amount is less than $30,000 can you still help?
Yes, but we'll have to come to a different agreement. We might request for a higher percentage, or offer a buy out.
What is a buy out?
We would offer you a set amount of money (which you are free to refuse), paid up front to you, and if you accept, you would sign the recovery funds over to us. We are taking the risk that the recovery money is recoverable, but you get money up front regardless (and no "take backs" from us).
For recoveries less than $30,000, what if we can't come to an agreement?
The existing contract we have is canceled, and you are free to engage a different recovery agent.
What documents are required for the standard or alternate contract?
Initially its just a few pages for the contract agreement. Once there is a recoverable amount there are a few legal documents that are necessary. For the alternate agreement its mostly only the fee document that changes.
How long is the standard or alternate contract?
The standard contract is few pages long but it's mostly pre-filled. You just read it over, then electronically sign or initial where indicated. The alternate contract is whatever we can work out. We'll trade ideas and try come to a new agreement.
Anything else I need to know?
We do our contract and other documents online. This makes it easy, convenient and fast. The process can usually be done on a phone or tablet (or computer) in just a few minutes.
What if I have questions not answered here?
Send us an email at the address below. Please ask any questions that will put you at ease. We'll get back to you ASAP.