Joseph Investment Group
We Work for You
At Joseph Investment Group, our asset recovery team maintains liaison with multiple counties throughout the States of Florida, Texas, and Ohio.
After the performance of an audit with county records, we are provided retained information with surplus amounts due to clients. By the assistance of our team, clients of our firm are provided ease with the filing of claims to the county!
No Upfront Costs:
We have no upfront costs or fees for the successful or unsuccessful claims of our clients. All upfront costs for attorneys are situated by our company, as some cases do result in bequests from remaining estates. Attorney costs are collected at the end of our process of claiming surplus amounts, after disbursements are sent from the county. Additional coverage for any expenses issued directly from a county will be provided by Joseph Investment Group. Payment is only received by our company after the successful recovery of unclaimed surplus funds.
Advancing All Upfront Legal Costs:
We are understanding of legal fees being a concern in the pursuit of unclaimed funds. Our team of licensed attorneys provide the necessary expertise
to process the legal aspects of all claims. We provide initial coverage for all upfront attorney costs pertaining to the cases of any and every claim of our clients, and require the reimbursement of such costs at the end of the process of claiming surplus funds (After the county disburses payout). Our clients are able to navigate their way through the claim process free of worry, as we provide the best legal representation for every case that may involve an attorney.
Committed Research:
At Joseph Investment Group, we provide an excellent team of researchers and outreach specialists who determine the success of our efforts. The asset recovery team provides extensive investigation to locate and contact clients for the initiation of successful claims. We also provide an outstanding procedure of following up with every county throughout the wait period for approved claims.
Foreclosure Auctions.. Explained
In the event of a Mortgage or Tax Deed foreclosure, counties within every state sale homes or tax deeds by the process of an auction. Every county is only entitled to the unpaid tax or mortgage amounts that remain after a sale.
At these same auctions, homes are sold for more than what they are owed to a county and an excess amount remains after the sale. This excess amount is called a surplus in many states and is entitled to previous owners.
The county then mails surplus notification letters, typically to the address of the foreclosed home. Hence why former owners are poorly or never informed of this benefit.
Our objective is to intervene and make people aware of the amounts they are owed. We then aim to assist with the successful filing of a claim with the county. The benefit of our company is that we require no upfront costs.
Only a service fee is collected by Joseph Investment Group upon the recovery of a successful claim.
How it works..
At Joseph Investment Group, we complete the administrative process necessary to file a claim and return an amount to our clients. The steps of our work consists of extensive research, updated documentation, advancement of legal costs, follow up, and prompt communication between our clients and the county.
We provide an easy process for our clients while our team navigates through the complexities that may occur from any claim.
Identification of Surplus Funds: Upon the sale of a property at a foreclosure auction, all excess funds that remain are legally entitled to a previous owner. We work with the county to receive a comprehensive list of former owners which enables us to identify and initiate contact with those who are owed surplus amounts.
Research and Agreement: After the identification of potential claimants, extensive research is conducted to locate the correct former owner or their heirs. After confirming the correct individual or party as the previous owner, agreement form is sent to begin the process of claiming surplus funds.
Verification of Available Funds: Prior to the application for any surplus funds, we assure that funds are readily available with a county. Prevention of any invalid applications is achieved with this step.
Legal Processing and Expenses: Our attorneys at law of reputable law firms are provided detail and compensation from every case of our clients. All attorney costs are advanced by Joseph Investment Group, then are covered from a percentage of the surplus fund amount provided by the disbursement of payments from the county, relieving our clients from any upfront costs for attorneys.
Notarization and Claim Submission: Succeeding the completion of legal documents, notarization is accomplished to validate a claim. We then submit the claim to the necessary county on behalf of our clients.
Ongoing Follow-Up: Following the completion of a submitted claim, we initiate continual follow up with the appropriate county to assure a prompt receival of surplus funds. Updates regarding our clients claims are swift and provide comfort for those who are awaiting their surplus funds.
Successful Payout: The dedication of our efforts and expertise maximize the outcome of a successful payout for our claimants. After the disbursement of surplus funds to rightful owners and their heirs, Joseph Investment Group only receives a service fee.