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Updated over 8 years ago,

User Stats

742
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924
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Bruce Runn
  • Investor
  • Minneapolis, MN
924
Votes |
742
Posts

Money allocation in excess of bank's bid in a foreclosure auction

Bruce Runn
  • Investor
  • Minneapolis, MN
Posted

Does the owner of a property get the excess amount over the banks bid in a foreclosure auction?  When do they get it?  I'm helping someone who was foreclosed who cant afford to redeem but the winning bid was quite a bit more than what was owed

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