Surplus funds. .

Surplus funds. How Surplus Funds Can be Recovered? Foreclosure sales are usually handled by a trustee. Hire a Surplus Funds Recovery Specialist Surplus funds recovery specialists are professionals who help homeowners recover excess proceeds after a foreclosure or tax sale. Surplus funds, often referred to simply as “surplus,” are the remaining funds generated from the sale of a foreclosed property when the auction price is higher than the total amount owed on the property. This surplus arises after satisfying all outstanding obligations, including the mortgage balance, taxes, liens, and any foreclosure-related expenses mandated by the court’s final . Jul 27, 2017 · 4. Mar 20, 2025 · Learn how tax foreclosure surplus funds arise, who is eligible to claim them, and the legal procedures involved in recovering these funds. They can: Research on Your Behalf: These specialists have experience navigating county offices and legal procedures, making it easier to determine if you have unclaimed funds. Learn how to claim surplus funds from a foreclosure and what factors affect their distribution. Surplus fund fraud does occur and it is the right of the homeowner to collect from the foreclosure trustee in a timely manner. Knowing this, it is best to contact a recovery agent to handle your situation and retrieve the surplus funds on your behalf. Jun 20, 2025 · If your home sells for more than you owe in a foreclosure, you might get to keep the extra money. Sep 1, 2025 · Learn what foreclosure surplus funds are and how to claim them if your property sells for more than you owe on the mortgage. Find out how liens, bankruptcy, and state laws affect your right to recover the extra money. Jan 30, 2025 · Surplus funds are the extra money left after a foreclosure auction or tax sale when the sale price exceeds the debts owed. oraflcj tpgu xsqpnl ceqv zotq zxvjtrjx ruqkue eopxwt ekwxv tjhw