Panama City, FL – April 2025
With foreclosures increasing across Florida, a surprising number of homeowners are walking away from money they don’t realize is theirs. Known as surplus funds, these are leftover proceeds from a foreclosure sale — and many remain untouched.
“There’s a perception that once the home is gone, everything’s lost. That’s just not true,” said housing counselor Leah Weston. “If your property sold for more than what you owed, that extra cash belongs to you.”
Community organizations and attorneys are ramping up education efforts to help struggling families get what they’re owed.
