auctions - Posted by Jim

Posted by ken on June 06, 2004 at 20:22:48:

In a foreclosure the owner would get whatever is left after all mortgages,taxes,legal fees etc are paid. There rarely is anything left

auctions - Posted by Jim

Posted by Jim on June 06, 2004 at 19:57:47:

I recently read an article that led me to believe that after all liens are paid, the home owner would receive any remaining cash. In the past I thought the home owner got nothing. Does the owner get any proceeds?

Thank you in advance;
jbhapp