Many homeowners believe foreclosure is the end of the road. In reality, a home sold at auction may generate excess proceeds—often tens of thousands of dollars beyond what was owed. But if homeowners walk away without investigating, they forfeit that money.
This release shares examples of families who recovered large surplus checks—and others who never did. The Foreclosure Focus emphasizes that foreclosure is not always financial ruin if homeowners assert their post-sale rights.
