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. WEST PALM BEACH, FL, UNITED STATES, August 5, 2024 /NationalEquityAgency.com/ -- What Are Surplus Funds? Surplus funds, often referred to simply as "surplus," are the remaining funds generated...
Navigating the Foreclosure Process: How to Claim Surplus Funds
Surplus Funds Explained: How Homeowners Can Claim Extra Money Post-Foreclosure. WEST PALM BEACH, FL, UNITED STATES, August 5, 2024 /Nationalequityagency.com/ -- The weight of foreclosure can be crushing. Losing a home – a place filled with memories and dreams – is a devastating blow. The financial burden adds another layer...
Explaining Surplus Funds: Financial Opportunities After Foreclosure
Surplus funds, also referred to as excess proceeds, are the remaining amount when an asset, typically a foreclosed property, sells for more than the outstanding debt or expenses related to it. These funds are the excess loan or grant proceeds beyond the expenditures for purchasing or constructing the asset. Surplus...
Claiming Surplus Funds After a Foreclosure
Surplus funds, often referred to simply as “surplus,” are the remaining funds generated from the sale of a foreclosed property. BOCA RATON, FL, UNITED STATES, August 1, 2024 /NationalEquityAgency.com/ — What Are Surplus Funds? Surplus funds, often referred to simply as “surplus,” are the remaining funds generated from the sale of...
Unlocking Financial Opportunities: Recovering Surplus Funds After Foreclosure
WEST PALM BEACH, FLORIDA, UNITED STATES, July 29, 2024 /Nationalequityagency.com/ Foreclosure is often seen as a devastating end for homeowners, involving significant financial loss and emotional stress. However, amid these challenging times, there exists a lesser-known opportunity: the recovery of surplus funds. These are the extra funds generated when a...
Navigating Surplus Funds After Foreclosure: Insights from NEA
A surplus arises when a property is foreclosed upon, and the outstanding balance on the loan, as well as any other liens on the property, are satisfied. National Equity Agency, a Stull Corporation, stands as a beacon of hope for individuals grappling with post-foreclosure issues. With many years of experience...
Foreclosure’s Crossroads: Exploring Legal Options and Charting a Path Forward (with National Equity Agency)
Understanding Surplus Funds, Surplus Funds Recovery, Legal Complexities, and Strategies for Rebuilding. Foreclosure casts a long shadow, leaving homeowners facing financial hardship and an uncertain future. However, even in the face of adversity, a chance for financial recovery might exist. This guide explores the potential for surplus funds after foreclosure,...
Exploring Options to Avoid or Mitigate Sheriff Sales and Recover Surplus Funds with National Equity Agency (NEA)
Sheriff Sales Explained: Solutions & Support from NEA. Homeownership can bring unexpected challenges, and one of the most distressing situations for homeowners is facing a Sheriff Sale. This process, often initiated due to mortgage foreclosure or tax liens, can be daunting. However, there are proactive steps and strategies available that...
National Equity Agency (NEA): Empowering Homeowners to Reclaim Rapid Surplus Refunds
Surplus funds are the extra money gained from a foreclosure sale. Sometimes properties will sell at auction for more than what is owed. FORT WAYNE, INDIANA, UNITED STATES, 2024 /Nationalequityagency.com/ -- Becoming a homeowner is a significant milestone, often symbolizing stability and achievement. However, unforeseen circumstances such as job loss...
National Equity Agency Enables Families Facing Foreclosure with Transparency and Efficiency
Guiding Clients Through Challenges and Towards Financial Recovery. INDIANAPOLIS, INDIANA, USA, June 20, 2024 /Nationalequityagency.com/ -- National Equity Agency (NEA) goes beyond simply being a company. They are a dedicated team of professionals who understand the profound emotional toll that foreclosure can take on individuals and families. This understanding shapes their core...