Posts Tagged ‘foreclosed home’
If a foreclosed home sells for more than amount owed what happens to the profit?
July 31st, 2009
If a foreclosed home sells for more than what's owed what happens to the profit?
My home was foreclosed in 2008. I owed approximately 96K, including court and attorney fees. The home recently sold for 119K. My redemption period was over, so the lending bank sold the home through a realtor. Am I entitled to any of the excess monies?
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Posted in Foreclosure, General Mortgage, Mortgage Problems | 
Tags: attorney fees, can homeowner of foreclosed home get profit, excess monies, foreclosed home, foreclosed home sell for more than amount owed, homeowner of foreclosed home, profit from foreclosed home, profit from foreclosure, Realtor, redemption period | 
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