What Happens During Foreclosure? In a foreclosure, a property is sold at auction. The bidder making the highest bid will take the title of such property and the previous owner faces eviction. But there may be good news for the prior owner. Many people are not aware that they can claim surplus funds from a foreclosure sale. Under California foreclosure law, a trustee must contact a prior homeowner with notice of foreclosure surplus funds; returning any equity that remained from the sale of the … [Read more...] about How to Get Money Back from Foreclosure Sale
Surplus Funds After Foreclosure
How to Claim Foreclosure Overage Funds from Foreclosure Sale Homes
Sometimes there is money left over from the payments towards the mortgage after foreclosure sales. Many people do not know that they can receive surplus property funds after their property is sold in a foreclosure auction. Whenever a property is sold in foreclosure due to an unpaid mortgage loan, the lender is required to return surplus funds to the prior owner after the auction. Claim Foreclosure Overage Money Under Foreclosure Laws Foreclosure laws state that the difference of the unpaid … [Read more...] about How to Claim Foreclosure Overage Funds from Foreclosure Sale Homes
Foreclosure Surplus Funds Recovery Attorneys
Working with a foreclosure fund attorney to recover foreclosure surplus funds after a foreclosure sale is a verified legal method to recover foreclosure surplus funds. Talk To a Surplus Funds Attorneys If This Happened to You: You received a letter from the foreclosure trustee notifying you about surplus funds You had equity in your home before it was sold by the lender in foreclosure Your home was sold in foreclosure for more than the loan balance owed Many homeowners with equity … [Read more...] about Foreclosure Surplus Funds Recovery Attorneys
What Happens AFTER Foreclosure in California?
Surplus funds are pending or hidden funds after foreclosure that most foreclosure homeowners are not aware of. Consumer Action Law Group is a leading law firm that can guide homeowners on how to claim lost or undisclosed surplus funds. Los Angeles, CA, NOV 13, 2014 – Getting your Equity after Foreclosure. In the event that a home is sold as a result of foreclosure, there is often equity left for homeowners who invested in their loans for many years in the state of California. During the … [Read more...] about What Happens AFTER Foreclosure in California?
Consumer Action Law Group Launches Legal Service for Homeowners to Claim Surplus Funds from Foreclosure
Very few people are aware of the fact that they can claim surplus money after foreclosure. Consumer Action Law Group is now offering its services, helping people to claim foreclosure surplus funds after a foreclosure auction. California, August 28, 2014 – There are many people who have to face foreclosure, unfortunately. But they don't know that the foreclosure auction of their property can bring them a huge sum of money. If the money raised through the auction is greater than the mortgage … [Read more...] about Consumer Action Law Group Launches Legal Service for Homeowners to Claim Surplus Funds from Foreclosure
What You Need to Know About Mortgage Foreclosure Surplus Funds
The housing bubble of 2008 plunged the country into a recession and caused many people to lose their homes. However, it is not all bad news because there can be a payoff that some homeowners can look forward to mortgage foreclosure surplus funds. Many homeowners are unaware that they are entitled to cash from their foreclosed property after a foreclosure auction. Whenever a property is foreclosed because of an unpaid mortgage loan, it is then put up for auction by the lender. The foreclosed … [Read more...] about What You Need to Know About Mortgage Foreclosure Surplus Funds