Did You Lose a Property to Foreclosure?

You may have thousands of dollars waiting for you. When a foreclosed property sells for more than what was owed, the extra money belongs to you — the former owner.

🔍 Check If You Have Funds 📞 Free Consultation
$2.1M+
Unclaimed in Arizona
15
Arizona Counties
$0
Upfront Cost to You

How It Works

We handle everything — you just collect your money

1

We Find You

We research county records to identify former property owners with unclaimed excess proceeds from foreclosure sales.

2

Free Consultation

We verify your funds, explain the process, and answer all your questions. No pressure, no obligation.

3

Sign & We File

Sign a simple written agreement. We prepare all court documents, file with Superior Court, and handle certified mailings.

✓

Get Your Money

The court orders the County Treasurer to release your funds directly to you. Our flat fee is only due after you're paid.

Why Choose REDA?

Real Estate Development Authority — Arizona's surplus funds recovery specialists

💰
No Upfront Cost
Zero risk to you
  • You pay nothing until you receive your money
  • Flat $2,500 recovery fee — as allowed by AZ law
  • Court filing costs & attorney fees are separate
  • Total typical cost: ~$4,000 per case
📋
We Handle Everything
Full-service recovery
  • Court document preparation & filing
  • Certified mailings to all parties
  • Coordination with County Treasurer
  • Attorney partner for legal filings
📊
Track Your Claim
Stay informed every step
  • Online client portal to check status
  • Real-time updates on your case
  • View all documents and filings
  • Direct contact with your specialist

Frequently Asked Questions

Everything you need to know about recovering your excess proceeds

What are excess proceeds?
When a property is sold at a foreclosure sale (trustee's sale) for more than the debt owed, the leftover money — called "excess proceeds" — is deposited with the County Treasurer. Under Arizona law (A.R.S. § 33-812), this money belongs to the former property owner. Many people don't know it exists.
How much does it cost?
Our recovery fee is a flat $2,500, which is the maximum allowed under A.R.S. § 33-812(P). This fee is only due AFTER you receive your funds. Attorney fees for court filings (~$1,000) and court costs (~$300-500) are separate. You pay nothing upfront.
How long does the process take?
After filing with the court, interested parties have 45 days to respond. If there are no objections, the judge signs a release order. The County Treasurer typically disburses funds within 72 hours of receiving the court order. Total process: typically 60-90 days.
Do I need a lawyer?
You don't need to hire your own lawyer. We work with an experienced attorney who handles all court filings on your behalf. Their fee is included in the total cost we quote you upfront — no surprises.
How do I get paid?
The court orders the County Treasurer to release funds directly to you, the former property owner. You receive the check. Our fee is paid separately per our written agreement. The Treasurer may deduct up to $100 for their administrative costs.
What if there's no money?
We verify the funds exist before you sign anything. If for any reason the claim is unsuccessful, you owe us nothing. We only get paid when you get paid.
Is there a deadline to claim?
Yes. Under Arizona law, excess proceeds are presumed abandoned after 2 years and are sent to the Arizona Department of Revenue's Unclaimed Property division. It's important to act quickly — contact us as soon as possible to protect your claim.

Ready to Recover Your Funds?

Contact us today for a free, no-obligation consultation. We'll verify if you have unclaimed funds and walk you through the entire process.

🔍 Search for My Funds 📝 Get Started

📞 (928) 963-2760  •  📧 recovery@businessdevelopmentauthority.net