07-16-2005, 09:37 AM
| | Junior Member | | Join Date: Jul 2005
Posts: 1
| | | house repossession
What is the name of your state?manchester england
if my home is repossessed and is sold for more than my mortgage who get the extra money |
07-16-2005, 06:03 PM
| | Member | | Join Date: Jul 2005 Location: CA
Posts: 79
| | | speaking as a consumer, as far as i know the actual owner gets to keep the proceeds. but in England, perhaps it goes to the Queen? |
07-18-2005, 12:38 PM
| | Member | | Join Date: Jan 2002 Location: Northern Illinois
Posts: 40
| | Quote: |
Originally Posted by eastham17 What is the name of your state?manchester england
if my home is repossessed and is sold for more than my mortgage who get the extra money | Here in the US- The Judicial sales company (or company that auctioned your home off) HAS to mail you any amount of surplus. In order to get the surplus- you have to get a court order. | |
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