Surplus funds don’t always go straight to the homeowner. If the foreclosed property had other debts or liens—such as: Second mortgages Judgments HOA dues Unpaid...
When a home sells at a foreclosure auction, the winning bid doesn’t always match the loan amount. If the home sells for more than what...
In West Palm Beach, the process for claiming foreclosure surplus funds is consistent with the rest of Florida. Claims are filed through the Palm Beach...
Once surplus funds are recovered, the former homeowner can generally use them however they see fit. There are no restrictions on how the funds are...
Recovering surplus funds is not always simple. Here are a few challenges to be aware of: Short Deadlines – In some counties, homeowners only have...
Claiming foreclosure surplus funds involves several key steps: Confirm Surplus Exists – Check court records or the clerk of court to verify whether excess funds...
When a home is sold at a foreclosure auction, the sale may generate more money than the homeowner owed on their mortgage. That leftover money...
Many former property owners don’t realize they may be entitled to excess funds following a foreclosure sale—experts warn millions go unrecovered each year. For many,...
Former homeowners across the country may be eligible to recover significant funds after foreclosure, but many are unaware of their rights or how to claim...
When foreclosed homes are auctioned off, the winning bid often exceeds the loan amount and court fees. What many don’t realize is that the leftover...
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