PODCAST · business
How To Claim Surplus Money After The Sale
by How To Claim Surplus Money After The Sale
HOW TO CLAIM SURPLUS MONEY AFTER THE SALESurplus funds after a foreclosure—also known as “excess proceeds” or “overage funds”—are the extra money left after the foreclosed property sells for more than what was owed on the mortgage, taxes, and liens. That money legally belongs to the former homeowner. Here’s how to potentially get it:🔍 Step-by-Step: How to Claim Surplus Funds After Foreclosure1. Understand If Surplus ExistsWhen a property is sold at foreclosure auction, the opening bid is usually the amount owed to the lender.If bidding goes higher than that amount, the difference is surplus.Example: Mortgage owed: $150,000Home sells for: $180,000Surplus: $30,0002. Check with the Foreclosure Trustee or CourtIn judicial foreclosure states, surplus funds are typically held by the court.In non-judicial states (like Georgia), the foreclosure attorney or trustee may hold the funds.3. File a Claim for Surplus FundsYou’ll need to file a motion or claim with the court (or submit d
No episodes available yet.
We're indexing this podcast's transcripts for the first time — this can take a minute or two. We'll show results as soon as they're ready.
No matches for "" in this podcast's transcripts.
No topics indexed yet for this podcast.
Loading reviews...
ABOUT THIS SHOW
HOW TO CLAIM SURPLUS MONEY AFTER THE SALESurplus funds after a foreclosure—also known as “excess proceeds” or “overage funds”—are the extra money left after the foreclosed property sells for more than what was owed on the mortgage, taxes, and liens. That money legally belongs to the former homeowner. Here’s how to potentially get it:🔍 Step-by-Step: How to Claim Surplus Funds After Foreclosure1. Understand If Surplus ExistsWhen a property is sold at foreclosure auction, the opening bid is usually the amount owed to the lender.If bidding goes higher than that amount, the difference is surplus.Example: Mortgage owed: $150,000Home sells for: $180,000Surplus: $30,0002. Check with the Foreclosure Trustee or CourtIn judicial foreclosure states, surplus funds are typically held by the court.In non-judicial states (like Georgia), the foreclosure attorney or trustee may hold the funds.3. File a Claim for Surplus FundsYou’ll need to file a motion or claim with the court (or submit d
HOSTED BY
How To Claim Surplus Money After The Sale
Loading similar podcasts...
Frequently Asked Questions
How many episodes does How To Claim Surplus Money After The Sale have?
How To Claim Surplus Money After The Sale currently has 0 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is How To Claim Surplus Money After The Sale about?
HOW TO CLAIM SURPLUS MONEY AFTER THE SALESurplus funds after a foreclosure—also known as “excess proceeds” or “overage funds”—are the extra money left after the foreclosed property sells for more than what was owed on the mortgage, taxes, and liens. That money legally belongs to the former...
How often does How To Claim Surplus Money After The Sale release new episodes?
How To Claim Surplus Money After The Sale is no longer actively publishing new episodes, but the existing catalog remains available.
Where can I listen to How To Claim Surplus Money After The Sale?
You can listen to How To Claim Surplus Money After The Sale on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts How To Claim Surplus Money After The Sale?
How To Claim Surplus Money After The Sale is created and hosted by How To Claim Surplus Money After The Sale.
URL copied to clipboard!