Question: "will government give back, or keep, leftover overbid money after recovering the small portion that was owed for taxes"?
Categories: Home, News, OverageBy Last Updated: February 26, 2025

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Just Average

A round average of home prices in the U.S.A. equals about $400k. And, the number tends to rise most every year. But, your home value will vary depending on where your house is located (by city and/or state). Location, location, location! A median home price in Iowa is only $147,000, while Washington D.C. is more like $1,195,000.

Also, the price of your home value combined with the tax rate in your city/county are the main factors that determine how much you pay in homeowners taxes. Unfortunately, sometimes taxes don’t get paid, and the house is seized by the local/county government so they can sell your house in order to recover the taxes they say that they are owed. The process is called a tax foreclosure sale, or tax sale. Then, the question is: “will the government give back, or keep, the leftover overbid money after recovering the small portion that was owed for taxes”?

Like many other things in life, housing prices tend to depend on who you ask. According to Zillow, the average 2025 home value in United States is about $356,000.  But, according to The Motley Fool, as of the fourth quarter of 2024, the average home price in the United States was $419,200. This is a 17% increase from the fourth quarter of 2020.

Factors affecting home prices

Location
The price of a home varies by location, with some of the most expensive areas being in California, Hawaii, Seattle, and New York City.
Time
Home prices have increased over time, with the fastest rate of increase occurring from 2020 to late 2022.

Home prices by state

Iowa
The most affordable state to buy a home, with a median home price of around $147,800 [according to Redfin].
California
One of the most expensive states to buy a home, with some of the most expensive cities being San Jose, San Francisco, Los Angeles, and San Diego.

Reviews

Reviews Avatar ThumbMan-roundwht200 | NetClaimWorks.com | We Audit Government Agencies That May Keep Your Money | Do Not Allow Government To Steal Your Money. Claim What Belongs To You.
Net Claim Works uses research and claim techniques I did not know existed. They helped me claim the tax foreclosure sale excess money I deserved. No longer have to live with relatives or homeless shelters.
Tony R.
Reviews Avatar ThumbLady-roundwht200 | NetClaimWorks.com | We Audit Government Agencies That May Keep Your Money | Do Not Allow Government To Steal Your Money. Claim What Belongs To You.
I could not have done this alone. The techniques used by Net Claim Works helped me to get the tax sale overage money back that rightly belonged to me. I did not know that it was even possible. Thank you much!
Priscilla V.

Let Us Help

FAQ:

Does a tax foreclosure affect your credit?

Answer:

No. The three major credit bureaus no longer place tax liens on your credit reports, so a tax lien no longer affects your credit. This includes all kinds of tax liens, by the way.

FAQ:

Why Can’t I Just Do The Claim Myself?

Answer:

If you knew how, then you wouldn’t be here. You need specialized knowledge of tax codes and court procedures. There’s time-consuming research, paperwork, and communication. Mistakes or missed deadlines equals zero success. Knowing you have a claim, and knowing how to find and claim it, are two different things. Each step requires experience.

FAQ:

Why Choose Us at Net Claim Works?

Answer:

Expertise: we’re thoroughly trained by a real estate attorney on overage claims and related property tax codes. No Upfront Costs: don’t pay us anything unless we successfully recover your overage funds. Hassle-Free: we handle paperwork, legal filings, and communication with courts and taxing entities. Losing your home was hard. We approach every case with empathy and respect.