The Foreclosure Focus

A surplus arises when a property is foreclosed upon, and the outstanding balance on the loan, as well as any other liens on the property, are satisfied. National Equity Agency, a Stull...

WEST PALM BEACH, FLORIDA, UNITED STATES, July 29, 2024 /Nationalequityagency.com/ Foreclosure is often seen as a devastating end for homeowners, involving significant financial loss and emotional stress. However, amid these challenging times,...

Surplus funds, often referred to simply as “surplus,” are the remaining funds generated from the sale of a foreclosed property. BOCA RATON, FL, UNITED STATES, August 1, 2024 /NationalEquityAgency.com/ — What Are Surplus...

Surplus funds, also referred to as excess proceeds, are the remaining amount when an asset, typically a foreclosed property, sells for more than the outstanding debt or expenses related to it. These...

Surplus Funds Explained: How Homeowners Can Claim Extra Money Post-Foreclosure. WEST PALM BEACH, FL, UNITED STATES, August 5, 2024 /Nationalequityagency.com/ — The weight of foreclosure can be crushing. Losing a home –...

For example, if a property with a foreclosure judgment of $200,000 sells at auction for $225,000, the surplus funds would be $25,000. WEST PALM BEACH, FL, UNITED STATES, August 5, 2024 /NationalEquityAgency.com/...

For instance, if a property with a foreclosure judgment of $200,000 is auctioned for $225,000, the surplus funds would amount to $25,000. What are Surplus Funds? Surplus funds, often simply referred to as...

Surplus funds are the funds generated from the sale of a foreclosed property when the auction price is higher than the total amount owed on the property. Becoming a homeowner is a...

Surplus funds from foreclosure sales represent a critical opportunity for homeowners to reclaim some equity after their property is sold. These funds arise when the proceeds from the sale exceed all the...