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What are Surplus Funds?
A surplus fund generally refers to an amount that exceeds what is needed or expected. The term can be applied in various contexts such as 1. Government Finances 2. Insurance 3. Real Estate
4. Corporate Finance 5. Nonprofit Organizations 6. Personal Finance. The specific meaning of "surplus fund" can vary based on the context in which it is used. It essentially implies an excess or leftover amount beyond what is necessary for a particular purpose.
In real estate, surplus funds may refer to excess funds generated from the sale of a property after all debts and obligations have been satisfied. These funds often belong to the property owner or a related party.
If property owner behind the property taxes, doesn't matter if you keep paying mortgage or not, the county will eventually step in and auction out your home in order to recover the taxes they lost. Often, a home will sell for more than what's owed, the difference of what's sold and owed is the surplus fund in which the previous owner of the home is entitled to it by the state statute of limitations.
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What are Surplus Funds?
How To Claim Surplus Funds
When To Claim Your Money
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If customers can’t find it, it doesn’t exist. Clearly list and describe the services you offer. Also, be sure to showcase a premium service.
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Display real testimonials
Announce coming events
Having a big sale, on-site celebrity, or other event? Be sure to announce it so everybody knows and gets excited about it.
Display real testimonials
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Promote current deals
Promote current deals
Display real testimonials
Running a holiday sale or weekly special? Definitely promote it here to get customers excited about getting a sweet deal.
Share the big news
Promote current deals
Share the big news
Have you opened a new location, redesigned your shop, or added a new product or service? Don't keep it to yourself, let folks know.
Display their FAQs
Promote current deals
Share the big news
Customers have questions, you have answers. Display the most frequently asked questions, so everybody benefits.