What to know
A second mortgage, judgment lien, HOA lien, tax claim, child-support lien, or other recorded interest may be paid before the former owner receives any remainder. The result depends on foreclosure type, lien priority, notice, and state law.
Practical safeguards
An equity estimate is not the same as confirmed net surplus. Do not rely on a quoted amount unless the possible fund holder or reliable records support it.
General information only: This guide is not legal advice. Laws, procedures, and possible deadlines vary by jurisdiction and case.