Florida

Contrary to popular belief, banks are only entitled to what they’re owed in a foreclosure sale. If a property sells for more than the outstanding...

When foreclosure auctions result in high bids, the extra money doesn’t go to the bank — it goes to the homeowner. But in many cases,...

If your home was sold in a foreclosure auction, you could be entitled to surplus funds — the amount left over after all debts are...

Foreclosure is usually viewed as a loss — but for many, it could be the opposite. Surplus funds, the money left over after the auction...

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...