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
surplus funds
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
Recovering Foreclosure Funds – How to Claim Surplus Funds
Do you need help to Claim Surplus Funds? We can help you recover surplus funds if this happened to you: Your home was sold in foreclosure for more than what you owed the lender You had equity in your home before it was sold by the lender You received a letter from the foreclosure trustee notifying you about surplus funds Many people think that foreclosure is the end of a lost battle and they don't know what happens after foreclosure. If you are someone who lost your home due to … [Read more...] about Recovering Foreclosure Funds – How to Claim Surplus Funds
What Happens to Your Equity after Foreclosure
With the recent increase in housing prices, we are seeing more homeowners with equity being foreclosed than ever before. In some cases, the homeowner has $150,000 or more in equity on the mortgage at the time of foreclosure. If the property sells at the foreclosure auction to a third party bidder for more than the balance on the loan, the original homeowner is entitled to the surplus funds. Actually recovering surplus funds from your lender that sold the property in foreclosure is not always so … [Read more...] about What Happens to Your Equity after Foreclosure