Nick Fullmer
Overage Syndicate
FAQs
Surplus funds recovery is the process of helping homeowners claim money left over after a foreclosure or tax sale. When a property is sold for more than what was owed, the excess amount belongs to the previous owner, but many don’t know how to claim it. That’s where surplus funds recovery specialists come in.
Starting a surplus funds recovery business involves learning how to locate unclaimed funds, contacting homeowners, and filing the necessary paperwork to help them reclaim their money. You can learn the exact process through Nick Fullmer’s Overage Course.
In most states, you do not need a license to recover surplus funds. However, some states have regulations on how much you can charge and how you must structure your contracts. Researching state-specific laws is crucial. State specific guide is included in Nick Fullmer’s Overage Course.
Earnings depend on how many deals you close. Recovery specialists typically earn a percentage of the funds they help reclaim, often between 10-30% of the recovered amount. Some professionals make six-figure incomes with this business.
Many homeowners are skeptical because they don’t know they are entitled to the funds. The key is building trust, explaining the process clearly, and showing proof of your expertise.
Yes! Nick Fullmer offers:
Nick’s YouTube Channel (free videos & training)
The Overage Course (structured paid course)
Surplus Coach (coaching program)
Yes! Many people start surplus funds recovery as a side business and transition into full-time as they gain experience and close more deals.
No, you don’t need to be a lawyer, but you must understand the legal paperwork and state regulations. Many recovery specialists work with attorneys for claim filings.
The timeframe depends on the state and the complexity of the case. Some claims process within 30-120 days, while others can take several months to year if court approvals are required.
To start, you need:
Access to county records and public databases
A phone and email for contacting claimants
Basic legal templates (Nick provides these in his course)
Many homeowners are skeptical because they don’t know they are entitled to the funds. The key is building trust, explaining the process clearly, and showing proof of your expertise.
Learn. Train. Succeed.
Free YouTube Training – Step-by-step guides to get started.
Overage Course – Master the process with structured lessons.
1-on-1 Coaching – Work with Nick on real cases & scale fast.
