Atlanta, GA – Governor Brian P. View Excess Funds List (PDF); Note: Excess funds will be maintained for five (5) years from the date of sale pursuant to O. The division also serves as the State Agency for Surplus Property [SASP] for the Federal property disposal programs. Georgia is a “non-judicial foreclosure” state. This also includes Unknown Heirs and Legatees. This page also contains telephone numbers and links to websites where you can find help and additional information. If you have any questions, call 706-613-3120. You owe the foreclosing lender $300,000. A lender will usually seek to foreclose when a home borrower has defaulted on their mortgage payments and the lender has been unable to work out a repayment plan with the borrower. Georgia law allows the property owner or anyone with any right, title or interest in the property to repurchase (redeem) the Tax Deed. Request for Disbursement of Surplus Funds after Foreclosure Sale. This blog post addresses the lenders obligations to disburse surplus foreclosure funds. Excess Funds Claim Form. We train and partner with folks in surplus funds (aka overbids, excess proceeds, excess funds, overages) from both tax and mortgage foreclosures. Finally, youll get paid if there are any funds left. If competing claims, uncertainties or doubts of entitlement arise, the Tax Commissioner may interplead the excess funds in Superior Court as provided by state law, O. Public Surplus Auction Clayton County periodically holds Auctions for the sale of surplus and condemned vehicles and unusable County property through the following outlet: On-line Auction at GovDeals Property Room at www. May 01, 2023. Acceptable forms of payment are cash or cashier’s check. HB 162 allows Georgia taxpayers to receive a refund of some or all of their Tax Year 2021 income taxes due. Some Georgia tax rebates for 2023 are on the way to eligible Georgians since the state recently began sending the first round of nearly $1 billion in surplus tax funds. Georgia law allows the property owner or anyone with any right, title or interest in the property to repurchase (redeem) the Tax Deed. The holder of a mortgage of real estate, or his representatives, out of the money arising from a sale under the power of sale shall be entitled to retain all sums then secured by the mortgage, whether then or thereafter payable, including all costs, charges or expenses incurred or sustained by him or them by reason of any default in the …. If you need help claiming surplus funds from a foreclosure sale, we can help. on May 11, 2022 In Georgia, most foreclosures are non-judicial. Excess Funds Excess Funds Judicial Tax Sales Henry County conducts Judicial In Rem Tax Sales. Excess Funds Overview Excess Funds are funds that are remaining after paying taxes, costs, and all expenses of a tax sale made by the Tax Commissioner. 00 2/23/2016 2008SC150 SURPLUS FUNDS FROM LEVY - CACH LLC V WICKER $2,400. 81 03/03/20 duran alberto bucio & 12152a a001 $ 915. I have helped Georgia homeowners recover anywhere from $5,000 to $200,000 in mortgage overages and tax overages that rightfully belonged to them after a foreclosure sale. McDonough Street Jonesboro, GA 30236. Click herefor excess funds claim form - possible items needed to file a claim: Claim form, copy of drivers license, filed lien documents, amount owed on lien, lien release, title opinion and a indemnification agreement. Claiming these funds requires determining what kind of foreclosure you experienced. (a) If there are any excess funds after paying taxes, costs, and all expenses of a sale made by the tax commissioner, tax collector, or sheriff, or other officer holding excess funds, the officer selling the property shall give written notice of such excess funds to the. Georgia Excess Proceeds Lists. Surplus funds after a foreclosure sale are calculated by subtracting the outstanding loan balance from the sales proceeds and then adding any costs the lender had to pay to foreclose on the property. The bank gives that $50K (the overage or surplus) back to the Court to hold. Contact us for a free consultation to see how we may be able to help you. Note: Paulding County accepts excess funds claims from claimants or their attorneys at law. Mortgage Foreclosure Surplus Funds Claim. The following foreclosure cases have Surplus Funds Held by the Sheriff’s Office until further Order of the Court. Chief Procurement Officer: Carol J. Justia › US Law › US Codes and Statutes › Georgia Code › 2022 Georgia Code › Title 12 - Conservation and Natural Resources › Chapter 4 - Mineral Resources and Caves › Article 2 - Mining and Drilling › Part 1 - Oil Well Reward › § 12-4-22. § 48-4-5(c) before being turned over to the. Shawn Buiges competitors include Bob Diamond, Spencer Vann, David Church, and. County Surplus Auction Information Vendor Information Bid Information - Open RFBs & RFPs Animal Services Employment Tag Office. If there are no liens or judgments, the ex-owner can collect. Have you ever wondered why some things have to be done a certain way? For a process that would be seemingly simple, there are numerous laws, regulations and requirements that the state and federal surplus programs operate under. What is a foreclosure?. Surplus funds after a foreclosure sale are calculated by subtracting the outstanding loan balance from the sales proceeds and then adding any costs the. Items to be sold are as is, no warranties given or implied. Geraldine Tyler, a 94-year-old grandmother, lost her Minneapolis condo when she failed to pay the property taxes for several years. There may be other numbers that are involved that will be subtracted. Click on the button (Get Instant Access) below. Universal Citation: GA Code § 48-4-5 (2020) If there are any excess funds after paying taxes, costs, and all expenses of a sale made by the tax commissioner, tax collector, or. The foreclosure process in Georgia is non-judicial. Properties auctioned will include properties with IRS liens, but will not include properties in bankruptcy. Our data will also include Muscogee county bank owned homes. Surplus Foreclosure Funds. To confirm whether or not excess tax sale funds have been paid to the State of Georgia, review the Excess Funds to GA DOR list. If competing claims, uncertainties or doubts of entitlement arise, the Tax Commissioner may interplead the excess funds in Superior Court as provided by state. We connect consumers to lawyers for free legal advice and guidance so that you can claim surplus funds that are rightfully yours. Phone: (770) 477-3587 Fax: (770) 477-3335. Justices appear likely to side with homeowner in foreclosure dispute. Justices appear likely to side with homeowner in foreclosure dispute. Judicial Tax Sales. Excess Funds Overview Excess Funds are funds that are remaining after paying taxes, costs, and all expenses of a tax sale made by the Tax Commissioner. Kemp and the Georgia Department of Revenue (DOR) announced today that the first round of surplus tax refund checks have. Excess Funds as of 03/01/2021. Po Box 197 Dallas, GA 30132 Phone: (770)445-4438. If we have not responded to your request after 3 business days, please contact our Levy office directly at (770) 528-8623. Eligible homeowners in Georgia whove experienced a financial hardship because of the pandemic can get a piece of the approximately $354 million allocated to the state from the federal Homeowner Assistance Fund —up to $50,000 per household—through the Georgia Mortgage Assistance program. Instant notification for a new list. Products will be sold as they are declared surplus property by Newton County. Excess Funds & Tax Sales / Greene County, GA Must have been residing at the residence prior to January 1, 2023. Once funds have been placed into Superior Court, the claimant will need to contact Superior Court at (912) 652-7200 with any questions. Foreclosure example: A home forecloses for $250K and the mortgage debt totals $200K, including attorneys fees. Georgia Surplus Funds List Athens-Clarke County, GA Excess Funds List Athens-Clarke. excess funds as of 03/01/2021 15 090 06 047 $316. Operational transparency, We are being good stewards of taxpayer funds. 50 8/3/2015 2014CC15 BOND NONRESIDENT - LOCHWOOD V HUBBUCH $100. The additional $50,000 is surplus funds. If that sounds good to you, join us now. Operational transparency, We are being good stewards of taxpayer funds. FAQs on Getting Surplus Funds From a Foreclosure. Kemp and the Georgia Department of Revenue (DOR) announced today that the first round of surplus tax refund checks have been issued to Georgia filers. Surplus Foreclosure Funds Lawyer. Thus, most foreclosures in Georgia happen privately. Any legal owner of property or lien holder at the time of the tax sale may be entitled to excess funds. Foreclosure Surplus Funds GeorgiaHow to Claim Surplus Funds from Foreclosure (Step by Step …. The money comes from more than $1 billion in surplus that funds the state currently. The primary mission of the DOAS Surplus Property division is the identification, redistribution, and disposal of state personal property (not real estate) to state and local governments, eligible non-profits, and the public. The additional $50,000 is surplus funds. Foreclosures By State Georgia Muscogee Sheriff Sales Muscogee County Sheriff Sale Homes Below you will find foreclosure listings of foreclosure homes for sale in and near Muscogee county. That means the lender can foreclose on your home without filing suit or appearing in court before a judge. If there are any junior liens, those get paid next. List of county that has Surplus funds. Recovering Excess Funds from a Foreclosure in Georgia Foreclosure surplus funds are the proceeds from the sale of a property that was foreclosed on. 2023 Georgia Tax Rebates Being Sent Now: Surplus Refund FAQs. Click herefor excess funds claim form - possible items needed to file a claim: Claim form, copy of drivers license, filed lien documents, amount owed on lien, lien release, title opinion and a indemnification agreement. Thus, most foreclosures in Georgia happen “privately. (a) If there are any excess funds after paying taxes, costs, and all expenses of a sale made by the tax commissioner, tax collector, 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 of the property at the time of the tax sale and to the record. The bank cant keep the overage. Justices appear likely to side with homeowner in foreclosure. Get Free Legal Advice for Mortgage Foreclosure Surplus Funds Claim If you believe that you might be entitled to a surplus of funds, contact the Consumer Center for Resources right away at (818) 697-4295. Muscogee County, GA Sheriff Sales. Our surplus funds recovery training not only rivals overage syndicate, tax sale blueprint and surplus funds mastery, we also partner – all at a fraction of the cost. ” This blog post addresses the lender’s obligations to disburse surplus foreclosure funds. Butler County deposits these monies into an Excess Proceeds Fund. ¶10 In determining who is entitled to surplus funds in a foreclosure, the general rule is that all encumbrances on mortgaged premises inferior to the mortgage or lien on which the sale is based must be paid in order of time in which they respectively became liens, if the claims have been asserted in the foreclosure proceedings. 00 8/27/2015 2014CA941 FORECLOSURE BID - HUMMEL- SURPLUS $1. Georgia Foreclosure Laws and Procedures. Excess Funds & Tax Sales / Greene County, GA Must have been residing at the residence prior to January 1, 2023. COBB COUNTY EXCESS FUNDS REQUEST GENERAL …. Excess Funds Excess Funds Judicial Tax Sales Henry County conducts Judicial In Rem Tax Sales. 00 12/8/2015 2015CA291 NON RESIDENCE COST BOND - US BANK BATL V HOLMAN ET. House Bill 162 was signed into law by Governor Kemp on March 14, 2022, when some taxpayers had already filed their 2022 returns. These overages are called excess proceeds. Sheriff foreclosure sales may result in additional monies not needed to pay off debts or liens on the property. Until the right of redemption has been foreclosed or the title has ripened by prescription, a tax deed has the same force and effect as a lien. If your name is not on the list and you think that you might have money left over from a foreclosure, please contact the Civil Process Office at 815-727-8895. Questions Any questions concerning the auctions should be directed to Randi Fincher at 678-625-1237. EXCESS FUNDS CLAIM FORM FILLABLE 2021_0. Call us at 1-888-Fight13 (344-4813) or fill out our online contact form. The Attorney General has developed this website to provide information about mortgages and foreclosures in Georgia. Unclaimed Property or Funds in Georgia. on May 11, 2022 In Georgia, most foreclosures are non-judicial. After a foreclosure, any surplus funds get distributed to lienholders and the former homeowner. Mortgage and Foreclosure Information FAQ. Meaning that the lender does not need court approval or supervision to foreclose. published 2 days ago. on May 11, 2022 In Georgia, most foreclosures are non-judicial. § 9-13-170, ANY PERSON WHO BECOMES THE PURCHASER OF ANY REAL OR PERSONAL PROPERTY AT ANY SALE MADE AT PUBLIC OUTCRY WHO FAILS OR REFUSES TO COMPLY WITH THE TERMS OF THE SALE WHEN REQUESTED TO DO SO, SHALL BE LIABLE FOR THE AMOUNT OF THE PURCHASE MONEY. Claiming these funds requires. 60 11/4/2014 helene mapp kareem cooks 3264 blazing pine knl decatur ga 30034 admn exct heirs knownand unknown 3160 e chapel cir decatur ga 30034 30043 15 107 08 015 $105. Glynn County holds these excess funds on behalf of the Tax Commissioner until the funds are distributed as required by law to the party or parties with an interest in the funds and in order of priority in which their interests exist. County Held Tax Sales Excess Funds List. A claim form for individuals that are the record titleholder or his/her heirs or Asset Recovery Agencies requesting excess funds may be obtained by emailing. In 2023, the Georgia General Assembly passed and Governor Kemp signed legislation allowing for an additional refund of income taxes from tax year 2021 because the State of Georgia experienced a revenue surplus. What is Surplus Funds? In a foreclosure sale, a surplus fund is a difference between the equity of the home and the amount the house was sold for. I have helped Georgia homeowners recover anywhere from $5,000 to $200,000 in mortgage overages and tax overages that rightfully belonged to them after a foreclosure sale. Mortgage and Foreclosure Information. The primary mission of the DOAS Surplus Property division is the identification, redistribution, and disposal of state personal property (not real estate) to state and local governments, eligible non-profits, and the public. Signed documentation by the claimant (s) allowing their representation by an attorney at law (if applicable) Please submit the required documentation to the County Attorneys office for review: Attention: Tax Sale Excess Funds Talley, Richardson, & Cable, P. Unclaimed Property or Funds in Georgia. Foreclosure Surplus Funds: What They Are & How To Claim …. Must provide valid Driver License or State issued ID reflecting the address. Related Files: Qualified Written Request Under the Real Estate Settlement and Procedures Act for Account Information. Instant notification for a new list. Justia › US Law › US Codes and Statutes › Georgia Code › 2022 Georgia Code › Title 12 - Conservation and Natural Resources › Chapter 4 - Mineral Resources and Caves › Article 2 - Mining and Drilling › Part 1 - Oil Well Reward › § 12-4-22. If competing claims, uncertainties or doubts of entitlement arise, the Tax Commissioner may interplead the excess funds in Superior Court as provided by state law, O. OK Court of Civil Appeals Opinions and Cases. Operational transparency, We are being good stewards of taxpayer funds. Getting Paid After Foreclosure: Surplus Funds. Tyler does not dispute that Hennepin County could foreclose on the $40,000 property and sell it to obtain the $15,000 in taxes and costs that. If you want an updated overages list (usually monthly) then join below. Notice You do not have to pay an asset recovery firm to claim your excess funds!. When your property is foreclosed and sold for more than you owed on the mortgage, the excess proceeds are surplus funds. All excess funds requests are responded to between 1-3 business days. Recovering Excess Funds from a Foreclosure in Georgia Foreclosure surplus funds are the proceeds from the sale of a property that was foreclosed on. Henry County conducts Judicial In Rem Tax Sales. After five years have elapsed from the tax sale date, the tax commissioner, tax collector, sheriff, or other officer holding excess funds shall pay over to the department any excess unclaimed funds and for which no action or proceeding is pending in a claim for payment. To claim these funds, please contact an attorney. Surplus funds, also known as excess funds, overages, or excess proceeds, are left over funds that may be claimed by a homeowner when a foreclosed property is sold at. 77 11/03/20 northridge condo assoc inc. These funds are held in escrow and are available to the entitled parties in the order of priority in which their interest exists. Sheriff foreclosure sales may result in additional monies not needed to pay off debts or liens on the property. Current Excess Funds List Procedures to Request Excess Funds Sample Affidavit County Maps Recreation and Parks. Say your home sells at a foreclosure sale for $350,000. Foreclosure example: A home forecloses for $250K and the mortgage debt totals $200K, including attorneys fees. ACCORDING TO O. Chief Procurement Officer: Carol J. The Newton County Board of Commissioners will auction County surplus properties by online auction at the GovDeals website. If a surplus exists after the property is sold, the financial institution or lienholder managing the foreclosure is not eligible to hold onto any extra funds. HB 162 Surplus Tax Refund FAQs. If you have any questions concerning this matter, please call me at 912-653-3880. Loan Lawyers is made up of experienced. The division also serves as the State Agency for Surplus Property [SASP] for the Federal property disposal programs. Authorization for Governor to Make Payments From Surplus or Contingent Funds. View Excess Funds List (PDF); Note: Excess funds will be maintained for five (5) years from the date of sale pursuant to O. foreclosure >Justices appear likely to side with homeowner in foreclosure. The following foreclosure cases have Surplus Funds Held by the Sheriff’s Office until further Order of the Court. House Bill 162 was signed into law by Governor Kemp on March 14, 2022, when some taxpayers had already filed their 2022 returns. The excess funds will be paid (interpled) into the Cobb County. 01 12/01/20 green michael 12120b d011 $ 679. Kemp Announces First Round of This Years Special Tax Refund. If you want an updated overages list (usually monthly) then join below It’s $99 per month – No commitments. To confirm whether or not excess tax sale funds have been paid to the State of Georgia, review the Excess Funds to GA DOR list. Responsibility of holding excess funds in the levying officer. Additionally, Georgias Surplus Property Program is not an entitlement program. The primary mission of the DOAS Surplus Property division is the identification, redistribution, and disposal of state personal property (not real estate) to state and local. All excess funds obtained from such sales are interpleaded to the Henry County Clerk of Superior Court 90 days after the Tax Sale. excess funds as of 03/01/2021 15 090 06 047 $316. This legislation allows for an additional refund of income taxes from 2021, due. Our surplus funds recovery training not only rivals overage syndicate, tax sale blueprint and surplus funds mastery, we also partner - all at a fraction of the cost. When your property is foreclosed and sold for more than you owed on the mortgage, the excess proceeds are surplus funds. Surplus Funds Riches>Surplus Funds Riches. These refunds are a result of House Bill 162, passed by the General Assembly and signed into law by Governor Kemp earlier this year. In non-judicial foreclosures, the lender doesn’t take the borrower to court and appoints a foreclosure trustee to proceed with the process. County Surplus Property On-Line Auction-Public Notice. An expert guide: How to claim surplus funds from a foreclosure. Additionally, Georgias Surplus Property Program is not an entitlement program. To confirm whether or not excess tax sale funds have been paid to the State of Georgia, review the Excess Funds to GA DOR list. 79 11/03/20 pinnacle fund llc 12109c e010 $ 897. Excess Funds & Tax Sales / Greene County, GA Must have been residing at the residence prior to January 1, 2023. The Department began issuing refunds in late April 2023 to individuals who filed their taxes prior to the April 18, 2023, deadline. excess funds listing august, 2022 pinnacle fund llc 12109c e005 $ 642. Georgia is a “non-judicial foreclosure” state. Georgia Excess Funds List (41 Counties). In non-judicial foreclosures, the lender doesnt take the borrower to court and appoints a foreclosure trustee to proceed with the process. List of county that has Surplus funds. Must apply by April 1, 2023 to be effective for the Taxable year 2023. It’s $99 per month – No commitments. Must provide valid Driver License or State issued ID reflecting. A lender who forecloses on real estate assumes the obligation of properly distributing the proceeds from the foreclosure sale. Have you ever wondered why some things have to be done a certain way? For a process that would be seemingly simple, there are numerous laws, regulations and requirements that the state and federal surplus programs operate under. Say your home sells at a foreclosure sale for $350,000. View Excess Funds List (PDF); Note: Excess funds will be maintained for five (5) years from the date of sale pursuant to O. We work on a contingency fee basis with our clients, so if we are unable to recover funds, you do not have to pay. SURPLUS RULES, POLICIES AND COMPLIANCE. The Department began issuing refunds in. Products will be sold as they are declared surplus property by Newton County. § 48-4-5 directing that excess funds be paid over to the person authorized to receive the excess should be consistently construed. Please note that individuals who received a lawful extension for filing their taxes. Atlanta, GA – Governor Brian P. ¶10 In determining who is entitled to surplus funds in a foreclosure, the general rule is that all encumbrances on mortgaged premises inferior to the mortgage or lien on which the sale is based must be paid in order of time in which they respectively became liens, if the claims have been asserted in the foreclosure proceedings. The foreclosure process in Georgia is non-judicial. This means that the lender can foreclose on your home without going through the court system. Kemp Announces First Round of This Years Special Tax. Atlanta Surplus Foreclosure Funds Lawyer. (a) If there are any excess funds after paying taxes, costs, and all expenses of a sale made by the tax commissioner, tax collector, 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 of the property at the time of the tax sale and to the record. Cobb County Tax Commissioner>Tax Sales. Checks from Georgia’s $1 BILLION tax rebate are starting to. Surplus Auction Information. FORECLOSURE - LAKEVIEW V CERSOSIMO $2,947. County Surplus Property On-Line Auction-Public Notice. Justices appear likely to side with homeowner in foreclosure dispute. Recovering Excess Funds from a Foreclosure in Georgia. The procedures for foreclosure are spelled out in the Official Code of Georgia, Sections 44-14-162 through 44-14-162. To confirm whether or not excess tax sale funds have been paid to the State of Georgia, review the Excess Funds to GA DOR list. House Bill 162 was signed into law by Governor Kemp on March 14, 2022, when some taxpayers had already filed their 2022 returns. A claim form for individuals that are the record titleholder or his/her heirs or Asset Recovery Agencies requesting excess funds may be obtained by emailing [email protected]. For example, if the house was sold for $200,000 and you still owed $180,000, you would be entitled to the remaining $20,000. Excess Funds List 03-21-2023. Call (818) 254-8413 to get started today. Also referred to as “excess funds,” these are the funds left over after a mortgage is paid through the final judgement. You may contact the Statesboro Herald at (912) 764-9031. The staff of Henry County will not provide legal advise. Also referred to as excess funds, these are the funds left over after a mortgage is paid through the final judgement. The primary mission of the DOAS Surplus Property division is the identification, redistribution, and disposal of state personal property (not real estate) to state and local governments, eligible non-profits, and the public. com>Georgia Excess Proceeds Lists. Universal Citation: GA Code § 48-4-5 (2020) If there are any excess funds after paying taxes, costs, and all expenses of a sale made by the tax commissioner, tax collector, 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 of the property at. If you are the previous owner of a home that was sold at a foreclosure auction for more than what you owed, or you simply need an Georgia attorney for surplus funds recovery, call 678-664-4878 or fill out my contact form to send me a message. Feb 16, 2023. On Monday, the Department of Revenue confirmed to Channel 2 Action News that it has already processed over 1. Public Surplus Auction Clayton County periodically holds Auctions for the sale of surplus and condemned vehicles and unusable County property through the following outlet: On-line Auction at GovDeals Property Room at www. Products will be sold as they are declared surplus. 92 9/4/2018 dennise a williams 2357 verna dr decatur ga 30034. What Is The Foreclosure Process In Georgia?. Foreclosures By State Georgia Muscogee Sheriff Sales Muscogee County Sheriff Sale Homes Below you will find foreclosure listings of foreclosure homes for sale in and near Muscogee county. If you have any questions, call 706-613-3120 and ask to speak with Tax Commissioner Toni Meadow or Delinquent Tax Officer, Emily Linares. The primary mission of the DOAS Surplus Property division is the identification, redistribution, and disposal of state personal property (not real estate) to state and local governments, eligible non-profits, and the public. Thus, most foreclosures in Georgia happen “privately. Foreclosure Surplus Funds: What They Are & How To Claim Them. Often funds are deposited because the individual (s) named on the court order cannot be located. After five years have elapsed from the tax sale date, the tax commissioner, tax collector, sheriff, or other officer holding excess funds shall pay over to the department any excess unclaimed funds and for which no action or proceeding is pending in a claim for payment. There is no fee to attend a tax sale. When your property is foreclosed and sold for more than you owed on the mortgage, the excess proceeds are surplus funds. Donee eligibility is determined on a case-by-case basis in accordance with state and federal laws and regulations. If you are the previous owner of a home that was sold at a foreclosure auction for more than what you owed, or you simply need. It includes an online form to submit your excess funds request. § 48-4-5(c) before being turned over to the Georgia Department of Revenue, Unclaimed Property Division. You will be required to pre-register for the sale. We train and partner with folks in surplus funds (aka overbids, excess proceeds, excess funds, overages) from both tax and mortgage foreclosures. (a) If there are any excess funds after paying taxes, costs, and all expenses of a sale made by the tax commissioner, tax collector, 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 of the property at the time of the tax sale and to the record …. com>Muscogee County, GA Sheriff Sales. After a foreclosure, any surplus. Many of our policies are specifically designed to: E nsure fair and equitable treatment, Operational transparency, We are being good stewards of taxpayer funds. FORECLOSURE - LAKEVIEW V CERSOSIMO $2,947. Thus, most foreclosures in Georgia happen. How to Claim Surplus Funds From a Foreclosure Sale. Foreclosure surplus funds are the proceeds from the sale of a property that was foreclosed on. Inside you will discover: Overages list of 110 County Instant notification for a new list Guide and Claim document Private Newsletter So there’s no big pitch. Foreclosure Surplus List. com>What Is The Foreclosure Process In Georgia?.