After a foreclosure sale, most homeowners assume there’s nothing left to gain. However, in many cases, a home sells for more than what’s owed —...
Losing a home to foreclosure is emotionally and financially difficult — but for many, a foreclosure sale may generate surplus funds that can serve as...
When a home is sold at a foreclosure auction, it often brings in more than the amount owed on the mortgage. The leftover funds —...
Even after losing a home to foreclosure, there may be a silver lining: surplus funds. These funds are the remaining balance after a foreclosure sale,...
Despite the fact that surplus funds belong to the former homeowner or heirs, over 80% of these funds are never claimed. Lack of awareness, confusing...
Facing foreclosure is difficult, but many people are unaware that it can still end with a financial benefit. If a property sells for more than...
When a deceased person’s home is foreclosed, any leftover proceeds from the auction — surplus funds — may legally pass to their heirs. However, if...
Too often, homeowners believe that receiving surplus funds after a foreclosure is a courtesy from the court. In fact, it is a legal right protected...
In real estate, surplus funds from foreclosures represent an often-overlooked financial asset. These funds, created when auction prices exceed debt, can provide significant relief to...
While fraud often makes headlines, legal professionals say the bigger risk with foreclosure surplus funds is inaction. Every state has deadlines for how long a...
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