The Foreclosure Focus

If your home was sold in a foreclosure auction, you could be entitled to surplus funds — the amount left over after all debts are paid. Unfortunately, courts don’t always notify homeowners...

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

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 available to the former homeowner — but...

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 funds — is placed in the court...

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 to the difference — but very few...

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, the excess amount — called surplus funds...

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 funds are often held by the court...

Every year, thousands of homes are sold at foreclosure auctions for more than what the homeowner owed. That extra money — known as surplus funds — legally belongs to the former owner...

Foreclosure reform advocates are urging lawmakers to streamline surplus fund disbursement procedures across jurisdictions. With varying rules and timelines from one state to another, many former homeowners are losing out on money...