Foreclosure Overage Collection

Have you received your money from your foreclosed property?

If you’ve lost your property in Georgia through the foreclosure process then you’re likely owed a portion of the profits from the sale. When your property sells at auction, it often sells for more than you owed on your mortgage. These profits are known as “excess funds”. 

How much money am I owed?

In Georgia the excess funds from your foreclosure sale are distributed in this order: 

  1.  Costs associated with the sale of your home. 
  2. Interest and principal of the secured indebtedness (your remaining mortgage)
  3. Lienholders 
  4. Borrowers (YOU!)