Published July 16th, 2026
When a property in Georgia goes through foreclosure, the sale often brings in money exceeding the amount owed on the mortgage or taxes. This extra money is known as surplus funds, and it legally belongs to the former …
Published June 13th, 2026
Foreclosure surplus funds arise when a property sells at a foreclosure auction for more than the total amount owed on debts, liens, and associated fees. This extra money legally belongs to the former property owner or, in …
Published May 14th, 2026
When a property is sold to cover unpaid debts, such as taxes or a mortgage, there can sometimes be money left over after those debts and expenses are paid. This leftover amount is called surplus funds. Surplus funds matter …
Published April 12th, 2026
When a property is foreclosed and sold, it sometimes generates surplus funds-money left over after all debts tied to the property have been paid. These funds rightfully belong to the former property owners or their heirs, …