Asset Recovery
Surplus funds are monies that remain after a foreclosed property is sold at a foreclosure auction for more than the amount owed on the mortgage loan. In some cases, the sale price of the property exceeds the outstanding mortgage balance, liens and other type debts resulting in surplus funds. In most cases, these funds belong to the former homeowner, but they may not always be aware that they exist or their entitlement to them. Surplus funds can provide financial relief to homeowners who have lost their property to foreclosure and can often help them pay off debts, find a new place to live, or start fresh with their finances.
At Affordable Holdings LLC, we assist homeowners by informing families and individuals after extensive research that surplus funds exist. These surplus funds can help individuals get back on their feet, pay off debts, or start fresh with a new financial outlook. If needed, we are dedicated to helping homeowners and individuals navigate the process of surplus fund recovery and ensure that they receive the money they are entitled to.