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Title: If You Owned, Inherited or Held an Interest in a Home That Was Foreclosed in Cuyahoga County, Ohio, You May Be Owed Part of More Than $23 Million in Unclaimed Foreclosure Surplus Funds
United States, 16th Sep 2026 - The following statement is being issued by Foreclosure Recovery Inc. regarding excess foreclosure sale proceeds currently held by the Cuyahoga County Clerk of Courts.When a foreclosed home is sold at a sheriff's sale for more than the amount owed to the lender, the difference does not belong to the bank, the buyer or the county. It belongs to the former owner, or to that owner's heirs. In Ohio these balances are called excess funds, and they sit with the court until someone files a claim.According to the Cuyahoga County Clerk of Courts' own published "Excess Funds - Foreclosure" list, reviewed by Foreclosure Recovery Inc. on September 13, 2026, the county is holding balances in 6,657 foreclosure cases totaling more than $23.1 million. More than 540 of those cases hold $10,000 or more, and the largest single balance exceeds $213,000. Most of the people named on that list have no idea the money exists.Who is includedYou may be entitled to a payment if you owned, inherited or otherwise held an interest in a Cuyahoga County home that was sold at a foreclosure sale for more than what was owed on it. Common examples include the former owner of record, a spouse or co-owner, and the heirs or estate of an owner who has since passed away. Many of the county's larger balances are held in the names of "unknown heirs," which means the court was never able to find the family.Why the money goes unclaimedNotice of a surplus is usually given only through the court file and a legal advertisement. By the time the sale closes, most families have moved, and heirs of a deceased owner are rarely told at all. Under Ohio law, court-held funds that stay unclaimed are eventually turned over to the state's unclaimed funds program, where recovery takes longer and...
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