Your home had been foreclosed on. If the property still maintains equity after the sale, the trustee is supposed to notify the homeowner. In many cases, most people do not understand they are entitled to the remaining equity and do not immediately create a forwarding address. This makes it difficult to find a trustee, who typically will not go out of their way to find you, or to refund the money after the property has been sold.
If you believe there is remaining equity in your home make sure to keep track of the sale process to find out if there is money owed to you once the property is sold. Make sure to write down the sale date. You can find the date in your foreclosure documents. If there is money owed to you get a hold of the trustee or whoever sold the property at auction. The trustee information will also be in your foreclosure documents. It will include the name and phone number the whatever party conducted the sale. If you should misplace your paperwork you can find the same information in the legal section of your local newspaper. If you are getting push back from the trustee about receiving your equity back, call us and we will help you claim the money.
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