Don't Pay Finders Fees: Get Your Foreclosure Surplus Funds with Our Raleigh Attorneys
Have you lost your property to foreclosure in Raleigh? Been contacted by someone offering to "find" your surplus money? Wait before you sign anything.
What Are Foreclosure Surplus Funds in North Carolina?
Quick Answer: Foreclosure surplus funds are money left over after your property sells at auction and pays off your mortgage. This money legally belongs to you, but many homeowners don't know how to claim it.
When your property sells for more than what you owe the bank, that extra money is yours. Many former homeowners don't realize they're entitled to these funds, leaving thousands of dollars unclaimed.
Who Are "Finders" and Why Should You Avoid Them?
Property finders contact people after foreclosure, promising to help recover surplus funds – for a hefty fee. But here's what they won't tell you: their services are unnecessary and expensive.
Under North Carolina law, a finder is legally defined as "an individual or business entity, incorporated or otherwise, who, for fee or any other consideration, seeks to locate, deliver, recover, or assist in the recovery of property that is distributable to the owner or presumed abandoned." (N.C.G.S. § 116B-52(11a))
The catch? Most finders charging you aren't even legally allowed to do this work.
Are These Finders Even Legal in NC?
Quick Answer: Most finders who contact foreclosure victims aren't legally registered. Since January 1, 2022, all property finders must be licensed private investigators with the North Carolina Private Protective Services Board.
The truth is simple. The finder who contacted you probably isn't legitimate. As of February 26, 2025, the North Carolina Treasurer's office lists only seven registered property finder entities in the entire state.
You can verify this yourself on the NC Cash website.
Why Work With The Walls Law Group Instead?
Working directly with our Raleigh attorneys gives you three key benefits:
Keep more of YOUR money
Work with licensed professionals who understand NC surplus funds claims law
Get proper legal representation (which you'll need anyway)
Here's something finders won't tell you: you need an attorney to file your claim with the court. Why pay two professionals when you can work directly with our legal team?
How We Help Raleigh and NC statewide Homeowners Claim Surplus Funds
Our process is straightforward:
We confirm your eligibility for surplus funds
Our team prepares all required legal documentation
We represent you in court proceedings
You receive your money, minus only our reasonable fee
We've helped families across Wake County and throughout the state recover money they didn't know they had. One Raleigh client received over $94,000 after working with us – funds that would have been substantially reduced had they paid a finder's fee.
Ready to Claim What's Rightfully Yours?
If your property was foreclosed and someone has contacted you about "finding" your money, call us first at (919)-647-9599. Our Raleigh attorneys will help you understand your rights and claim your surplus funds without unnecessary middlemen.
Don't let someone else profit from your difficult situation. Visit The Walls Law Group today or call (919)-647-9599 for a consultation.
