Why do most foreclosed homeowners never claim their surplus?
Every year, billions in surplus funds sit unclaimed by the very people they belong to — former homeowners who lost their houses to foreclosure or tax sale and are owed the overage.
Most never claim a dime.
Why?
They think it is a scam
They don't know it exist
Cannot afford it
Think the deadline has passed
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Why do most foreclosed homeowners never claim their surplus?