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Blog Posts in 2024

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  • What Happens to Excess Proceeds from a Foreclosure Sale?
    What Happens to Excess Proceeds from a Foreclosure Sale?

    In a foreclosure sale, the selling price sometimes exceeds the debt you owe. This leftover money is often called “ surplus funds.” As the original homeowner, you may be entitled to receive these ...

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  • Who Will Receive Excess Funds At a Foreclosure Sale?
    Who Will Receive Excess Funds At a Foreclosure Sale?

    Understanding the Foreclosure Auction A Brief Explanation of How Foreclosure Auctions Work Foreclosure auctions are a critical juncture in the life cycle of homeownership, marking the point where a ...

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  • How Long Do You Have to Claim Surplus Funds in Georgia?
    How Long Do You Have to Claim Surplus Funds in Georgia?

    What Are Surplus Funds? When you sell your property at a foreclosure auction, the selling price sometimes exceeds the amount you owe. These extra funds are called “surplus funds.” For many, these ...

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  • How to Claim Surplus/Excess Funds in a Foreclosure
    How to Claim Surplus/Excess Funds in a Foreclosure

    Surplus/Excess funds in foreclosure represent a unique opportunity for individuals who have defaulted on their home mortgage. When a borrower fails to make mortgage payments, the lender has the right ...

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