Foreclosure doesn’t always mean financial devastation. In many cases, homeowners are owed thousands in leftover proceeds — known as surplus funds — and this little-known...
After a foreclosure sale, many former property owners don’t realize they may be entitled to surplus funds — the money left over after the mortgage...
After foreclosure, former owners or tenants may remain in the property. New owners — whether investors or banks — must follow state-specific eviction laws, which...
When someone dies without a will or trust, their property often enters probate — a court process that distributes assets to heirs. These homes can...
After a sheriff sale — typically the final step in foreclosure — the winning bidder becomes the new owner pending court confirmation. The previous owner...
Foreclosure auctions can offer homes at discounted prices, but they’re not for the faint of heart. Often sold “as-is,” these homes may be occupied, damaged,...
Before buying a distressed property, it’s crucial to check for liens, judgments, or unpaid debts tied to the property. These can include unpaid taxes, code...
Tax deed sales occur when property owners fail to pay property taxes. After a certain period, local governments auction off the property to recover the...
In some foreclosure sales, properties sell for more than the debt owed. The difference is called surplus funds, and former homeowners (or their heirs) may...
When mortgage payments are missed for a certain period, lenders may initiate foreclosure — a legal process where the property is sold to recover the...
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