Foreclosure Surplus Funds: The Untold Story of Forgotten Money

Foreclosure is usually viewed as a loss — but for many, it could be the opposite. Surplus funds, the money left over after the auction satisfies the mortgage and costs, can amount to tens of thousands of dollars. Public awareness is low, and most don’t realize they may be entitled to this money. Advocates are calling for better education and outreach to connect people to the funds they’re owed.