Florida

Foreclosure doesn't always mean a financial loss. In many cases, properties are auctioned for more than the debt, leaving extra funds. These surplus proceeds are...

When homes are sold at auction due to foreclosure, the final bid often exceeds what’s owed on the mortgage. That difference — known as surplus...

Surplus funds are the best-kept secret of foreclosure auctions. When a property sells for more than the debt owed, the former homeowner is often entitled...

Many people assume losing a home to foreclosure means losing everything. But in reality, if the property sells at auction for more than what's owed,...

After a foreclosure sale, if a property sells for more than the mortgage balance and court fees, the remaining amount is considered surplus funds. These...

Every year, thousands of homes are sold at foreclosure auctions for more than what the homeowner owed. That extra money — known as surplus funds...

Foreclosure reform advocates are urging lawmakers to streamline surplus fund disbursement procedures across jurisdictions. With varying rules and timelines from one state to another, many...

A new wave of online tools and resources are making it easier for the public to find and claim surplus funds after a foreclosure sale....

In Florida, surplus funds from foreclosure sales are held by the court if a property sells for more than what was owed. Yet, thousands of...

Courts in states like Ohio, Maryland, and New Jersey are facing significant delays as foreclosure dockets swell. The uptick has led to backlogs in surplus...