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Loren
Loren, Lawyer
Category: Real Estate Law
Satisfied Customers: 29098
Experience:  30 years of real estate practice experience.
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How do I go about claiming "surplus money" on a foreclosur

Customer Question

How do I go about claiming "surplus money" on a foreclosure?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Loren replied 1 year ago.
Thank you for using JustAnswer. I am Loren, a licensed attorney, and I will do whatever I can to answer your question.
It should be automatically remitted to the borrower after the money owed is repaid, along with the any other fees allowed in the mortgage.
If it is not remitted within 90 days you can demand an accounting from the lender.
I hope this is helpful. If you have more follow up questions please let me know. It is never a problem.
Thank you.
Loren

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