Foreclosure Surplus

Foreclosure Surplus - If your property is in foreclosure and sells at a judicial sale for more than what you owed on the mortgage, the leftover money is called a surplus. Surplus funds, also known as excess proceeds, arise when a foreclosed property sells for more than the total amount owed on the mortgage. Claiming surplus funds after a foreclosure can provide significant financial relief.

Claiming surplus funds after a foreclosure can provide significant financial relief. If your property is in foreclosure and sells at a judicial sale for more than what you owed on the mortgage, the leftover money is called a surplus. Surplus funds, also known as excess proceeds, arise when a foreclosed property sells for more than the total amount owed on the mortgage.

Claiming surplus funds after a foreclosure can provide significant financial relief. Surplus funds, also known as excess proceeds, arise when a foreclosed property sells for more than the total amount owed on the mortgage. If your property is in foreclosure and sells at a judicial sale for more than what you owed on the mortgage, the leftover money is called a surplus.

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Claiming Surplus Funds After A Foreclosure Can Provide Significant Financial Relief.

If your property is in foreclosure and sells at a judicial sale for more than what you owed on the mortgage, the leftover money is called a surplus. Surplus funds, also known as excess proceeds, arise when a foreclosed property sells for more than the total amount owed on the mortgage.

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