asked 28.3k views
4 votes
Funds remaining after all liens had been paid following a foreclosure sale belong to the

A. Sheriff of the county in which the property is located
B. Clerk of the Circuit Court
C. Mortgagor
D. Mortgagee

asked
User Zyzle
by
8.3k points

1 Answer

6 votes

Final answer:

The funds remaining after a foreclosure sale belong to the Mortgagor.

Step-by-step explanation:

The funds remaining after all liens have been paid following a foreclosure sale belong to the Mortgagor, which is the borrower who defaulted on the mortgage.

answered
User Barry Last
by
8.1k points
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