With multiple companies now offering surplus fund recovery services — many Florida homeowners are left wondering: Who can I really trust to help recover lost equity after foreclosure?
“Surplus fund recovery isn’t one-size-fits-all,” said attorney Erica Lamont, a Florida-based legal expert in foreclosure surplus claims. “Consumers should be cautious, compare providers, and ensure they understand what they’re signing.”
The stakes are high: when a foreclosed home sells for more than the owed balance, the extra money — known as recoverable equity or surplus funds — sits in the court registry until the rightful owner claims it.
This 2025 guide highlights what homeowners should look for when choosing an equity recovery company:
- Transparency about fees, contracts, and timelines.
- Legal compliance and licensed professionals assisting with claims.
- Clear explanation of required forms and steps to complete the reclaim process.
- Proof of success in recovering surplus funds in Florida courts.
- No hidden costs or percentage cuts that strip homeowners of most of their recoverable equity.
Red Flags to Watch Out For:
- High-pressure sales tactics.
- Vague or confusing contracts.
- Promises that seem “too good to be true.”
- Demands for upfront payment.
Florida residents who believe they may have surplus funds from a past foreclosure are encouraged to research carefully, request legal review of any contracts, and make sure they understand their full rights before signing any agreements in 2025.
For a complete breakdown of the leading equity recovery groups, services offered, and scam prevention tips, visit Foreclosure Focus.
