West Palm Beach, FL — With foreclosures rising across South Florida, many homeowners in Palm Beach County are unaware that the sale of their property might result in surplus funds — money left over after mortgage debts and court fees are paid.
According to The Foreclosure Focus, surplus amounts in Palm Beach often range from $15,000 to over $100,000, especially as home values rise in areas like Wellington, Delray Beach, and Boynton Beach.
“When people see their home listed on sites like Zillow, Realtor.com, or Auction.com, they think it’s over,” said a legal coordinator at The Foreclosure Focus. “But in many cases, the sale creates a surplus they can recover — if they know how.”
Foreclosure auctions are held online at https://palmbeach.realforeclose.com and public notices are posted through the Clerk’s Office. Unfortunately, most people never claim the funds.
To learn more about your rights, visit: https://www.theforeclosurefocus.com
