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
recover surplus funds after foreclosure
Were You Owed Money from Foreclosure? Call us to Recover Surplus Fund
Many people don't know that they may be owed money from a foreclosure surplus fund after a foreclosure auction. In cases where the home sells at a foreclosure auction for more than the homeowner owes on the mortgage, the original homeowner is entitled to the difference in the two amounts. Our foreclosure attorney have seen instances where the homeowner is owed as little as five to ten thousand dollars, and as much as $200,000 or more. We can help you recover surplus funds from foreclosure sales … [Read more...] about Were You Owed Money from Foreclosure? Call us to Recover Surplus Fund