Are you aware that there might be surplus funds waiting for you after a foreclosure sale? Surplus funds, also referred to as excess proceeds, could be the silver lining in what might have been a challenging time for you. Let us guide you through the process of claiming what rightfully belongs to you.
Surplus funds or Excess proceeds are the additional funds left over after a foreclosed property is sold at auction, fetching more than what was owed in mortgage payments or property taxes.
Whether it's due to a tax sale, sheriff's sale, or mortgage foreclosure auction, these excess proceeds could be yours to claim.
It's important for former homeowners and potential claimants to understand their rights regarding surplus funds and to seek legal advice if necessary to navigate the process effectively. Each state and jurisdiction has its own laws and procedures governing surplus funds from foreclosure sales.
If you were the property owner at the time of the foreclosure sale, held a security deed on the property, or had a lien or recorded equity interest, you may be eligible to claim surplus funds. Don't let these funds slip through the cracks – we're here to help you reclaim what's rightfully yours.
Time is of the essence when it comes to claiming surplus funds. Depending on your state's laws, there may be a limited window for you to stake your claim. Don't delay – contact Surplus Funds today and take the first step towards unlocking the hidden value in your foreclosure experience.
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