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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 ...

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 ...

Surplus funds are the remaining proceeds from a foreclosure sale after all debts, including mortgages and fees, have been paid. For example, if a home sells for $250,000 but the total debt is $220,000 ...

At its annual delinquent tax certificate sale in August, Cole County saw its largest sale surplus ever, with eight properties bringing in a collective $160,000 more than their owners had owed in taxes ...