Foreclosure Academy Review (2026): Can You Really Earn From Foreclosure Overages?

Foreclosure Academy in One Minute

Foreclosure Academy teaches surplus funds recovery: finding homeowners whose foreclosed property sold for more than they owed, then helping them claim the leftover money for a fee. Its terms say it is powered by ROAS Partners, and its BBB profile lists Charlotte, North Carolina. The entry course, Foreclosure Secrets, is listed at $497, and the coaching program, Fast Track, at $7,900 for three months.

How Surplus Funds Recovery Works

1. A property sells at a foreclosure or tax sale for more than the debt.
2. The extra money is held by the court, county or trustee.
3. You find the former owner or heirs using public records.
4. You sign an agreement to help them file a claim for a fee.
5. The court or county pays the owner, and you collect your share.

Prices From Its Own Terms

E-book$2

Foreclosure Secrets$497

Fast Track$7,900

Executive$16,800

The Guarantee and Refund Conditions

Its terms describe a "Double Your Money" guarantee for Foreclosure Secrets that requires proof of at least 100 conversations with homeowners or decision makers within 30 days, with recordings of all of them. Many BBB complaints say refunds were refused because buyers missed the 30-day window or the 100-call requirement. The terms also charge a $100 to $250 fee if a chargeback is decided in the company's favor. Read these conditions before paying.

Fee Caps and State Rules

Many states limit what recovery agents can charge or require court approval, and the rules change often. For example, a 2023 Washington House bill analysis describes a proposed 5% cap on fees for locating foreclosure surplus funds, with a 10-day right to cancel. Some states also require a license or bar contacting owners for a set period after a sale. Check your state's rules and talk to a local attorney before you contract with anyone.

What Buyers Complain About

• Refunds denied under the 30-day and 100-call conditions.
• Sales calls that overstated earnings or support, as alleged.
• Outdated or low-quality leads, some on Do Not Call lists.
• Coaches who were hard to reach.
• Third-party financing with interest buyers did not expect.

Some reviewers praise the organized training and helpful staff, and a few report their first successful claims. The company disputes most complaints and points to its contracts.

Is the Business Model Realistic?

Surplus funds are real money owed to real people, so the model can work. But it's a sales and paperwork business: you'll cold-call grieving or stressed families, compete with many other recovery agents and wait months for courts to pay. Fee caps can make small claims barely worth it. Its own disclaimer says the average buyer of how-to information gets little to no results.

Before You Buy

1. Read the full terms, especially refund and chargeback rules.
2. Look up your state's surplus fund laws and fee caps.
3. Start with public court and county records to see how many claims exist.
4. Price Fast Track against a few hours with a local attorney.
5. Read the FTC guide to business coaching scams.

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Is Foreclosure Academy Legit?

It's a real company selling real training on a legal niche. Strict refund conditions, mixed reviews, many BBB complaints and changing state fee caps make it a high-risk purchase.

Pros and Cons

Frequently Asked Questions

Our Verdict on Foreclosure Academy

A real niche with tough refund rules. Know your state laws before paying for coaching.

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