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INDIANAPOLIS, INDIANA, USA, June 19, 2024 /EINPresswire.com/ -- Foreclosure is a life-altering event, leaving emotional and financial scars. Beyond the loss of a home ...

For example, if a property with a foreclosure judgment of $200,000 sells at auction for $225,000, the surplus funds would be $25,000. Surplus funds in real estate refer to the remaining proceeds from ...

Surplus funds, also known as "excess proceeds," occur when the sale price of a foreclosed property exceeds outstanding debts, including mortgage balances, legal fees, and foreclosure costs. For ...