Excess proceeds

Excess proceeds after a tax sale.

Short answer

Excess proceeds are what may be left after a tax sale pays the taxes, fees, and costs. A surplus is not guaranteed, and the claim process changes by county. If you still own the house, selling before the sale usually gives you more control than waiting on a surplus claim.

Excess proceeds, surplus, or overbid funds are what may be left after a tax sale pays the taxes, fees, and costs. The name and the claim process change by county. If you still own the house, selling before the sale usually gives you more control than waiting on a surplus claim.

  • A surplus is not guaranteed. There may be nothing left.
  • Owners and lien holders may both have a claim.
  • We do not file the claim. The county or the court does.
  • We buy in Jackson, Clay, and Platte counties in Missouri, and in Wyandotte and Johnson counties in Kansas.

Mon–Fri 8:00–17:00 CT (America/Chicago). Saturday and Sunday closed.

Start here

Get your cash offer within 24 hours.

Four quick steps. No spam. No pressure.

1Step 1 of 4
30 seconds
What's going on?

Your info stays private. No spam, ever.

In Kansas City

How excess proceeds work in the five counties

This page is for the question people ask after the auction, and for the reason not to wait for that auction if you still own the house. It is not a filing service.

  1. 1

    Find out whether the sale happened

    Use the parcel, the court record, or the county sale list. You need to know if the property sold and whether any amount above the taxes and costs was reported. We cannot see that from a street address alone.

  2. 2

    Jackson County: a court application

    Jackson County delinquent land tax excess proceeds require an application and a court hearing in the 16th Circuit. The court’s own overview is the source. RSMo Chapter 141 is the statute family for that sale.

  3. 3

    Clay County: overbid or surplus

    Clay County calls these overbid or surplus funds and says claims have a 90-day window after redemption expires. The collector’s tax-sale page tells owners where to ask for the paperwork.

  4. 4

    Johnson County and Platte County

    Johnson County says excess proceeds are paid into court for a decision on who may claim them. Platte County has published a surplus-funds list. Check the current list. A list from an older sale is not your claim.

  5. 5

    Heirs need authority

    If the owner died, the court or the title company may ask for estate papers before anyone releases funds. That is probate, under RSMo Chapter 473 or K.S.A. Chapter 59. The probate guide is the place for that path.

Wyandotte’s claim steps should be confirmed with the county. Do not borrow Jackson County’s hearing rules and assume they apply in Kansas.

Where to verify this

Your choices

Sell now, claim later, or neither

If you still own the house, a surplus claim is a worse plan than a sale you control. If you no longer own it, a cash offer from us is the wrong tool.

More control

You still own it: sell

A sale before the auction lets you see the price, the payoff, and your net.

  • A cash sale is less than retail and faster than a listing when the date is close.
  • A listing can net more if you have time.
  • Either way, the taxes are paid at closing instead of being left to an auction.

County or court

The sale already happened: claim

File where that county tells you to file. There may be a deadline.

  • Jackson County uses an application and a hearing.
  • Clay County points owners to the collector and describes a 90-day window after redemption expires.
  • Lien holders can claim too. The court decides. We do not.

Usually the weak option

Wait and hope

Auctions are built to cover the taxes and costs, not to maximize your equity.

  • There may be no surplus at all.
  • A mortgage can take what is left before you do.
  • Hoping for a surplus is not a plan if you can still sell.

A number you can read

If you still own the house, price a sale.

If the auction already took the deed, call the county or the court named on your paper. We will not pretend a cash offer fixes that.

What we actually do

Where Saving KC fits, and where we stop

People call us after they hear there might be money. Sometimes the honest answer is that we cannot buy anything, because the house is already gone.

If you still own the house

The path is the same as any back-tax sale. We walk the house, write an offer, and let title pay the county at closing if the numbers work.

If the deed is already gone

We can point you to the public page for that county. We do not prepare the application, appear at the hearing, or charge a fee to “recover” surplus. Anyone who asks for a cut of a claim you have not verified is a reason to slow down.

If heirs are calling

We will ask who has authority to sign. If the answer is nobody yet, the next call is the probate court or an estate attorney, not a cash offer.

We will not guess the surplus

We do not know what your parcel brought. We will not quote a leftover amount. The county or the court has that figure, if there is one.

The money and the stuff

What you might keep after a tax sale

“Might” is the correct word. A claim is not a check.

Only the leftover

Excess proceeds are what remains after taxes, fees, and costs. If the bid covered only the debt, the leftover is zero.

Other people may be in line

A mortgage, a judgment, or another recorded lien can be paid from the surplus before a former owner is paid. The court or the county decides the order.

Selling first keeps the equity you still control

On a sale before the auction, you see the net on a settlement statement. You are not waiting on a hearing to learn whether anything was left.

Personal property is separate

A tax deed fight is about the real estate and the surplus. It does not decide who keeps the furniture. If you still own the house and sell to us, take what you want.

Ernest Dodson is a Missouri-licensed real estate salesperson with Platinum Realty LLC, license #2023026433. Saving KC Homebuyers LLC buys real estate as a principal. We may assign the purchase contract to another buyer, and we tell you when we do.

Questions

Before you send the address.

These answers are about this situation. They are not legal advice. The company list is on the FAQ page.

Are excess proceeds guaranteed?

No. There may be no money left after taxes, fees, costs, and liens. The county or the court decides. Do not plan a move around a surplus you have not seen in writing.

Should I wait for excess proceeds instead of selling?

Usually no. If you still own the house, selling before the tax sale gives you a price you can accept or reject. Waiting hands that price to the auction.

Can Saving KC file the surplus claim?

No. We are not a law firm. Claims are handled by the county or the court. If you still own the house, we can make a cash offer instead. If you do not, we will point you to the public source.

What is the Clay County deadline?

Clay County says overbid or surplus claims have a 90-day window after redemption expires. Confirm that on the collector’s page before you rely on it. Other counties do not use that same sentence.

The owner died. Can the heirs claim?

They may need estate documents first. Read the probate guide for RSMo Chapter 473 and K.S.A. Chapter 59, and talk with the estate attorney before anyone signs a claim form.

If you still own the house, price a sale.

If the auction already took the deed, call the county or the court named on your paper. We will not pretend a cash offer fixes that.

Mon–Fri 8:00–17:00 CT (America/Chicago). Saturday and Sunday closed.

Cash offer

What's your situation?

Call (816) 429-2900

Or pick a time on the calendar

Start here

Get your cash offer within 24 hours.

Four quick steps. No spam. No pressure.

1Step 1 of 4
30 seconds
What's going on?

Your info stays private. No spam, ever.