Surplus funds from foreclosure sales represent a critical opportunity for homeowners to reclaim some equity after their property is sold. These funds arise when the proceeds from the sale exceed all the debts and expenses required to be paid according to the final foreclosure judgment. National Equity Agency (NEA), a...
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...