Understanding Surplus Funds After Foreclosure Sales: A Homeowner's Guide

When a foreclosed property sells, surplus funds may remain after the bank's costs. Homeowners can reclaim these funds by contacting the bank or financial institution involved. Learn how to navigate this process and ensure you receive any money owed to you after a foreclosure auction.

5/8/20241 min read

The entrance of a bank is illuminated at night. The bank name, 'Halyk Bank,' is prominently displayed with bright green signage. A digital display shows red numbers to the left of the entrance. The glass doors and windows reveal a well-lit interior environment, and an orange traffic cone is visible near the doors.
The entrance of a bank is illuminated at night. The bank name, 'Halyk Bank,' is prominently displayed with bright green signage. A digital display shows red numbers to the left of the entrance. The glass doors and windows reveal a well-lit interior environment, and an orange traffic cone is visible near the doors.

Foreclosure surplus funds