excess proceeds
EXCESS PROCEEDS | This investment strategy usually involves buying a property which is going to be foreclosed upon. The investor is counting on the property selling more for the debt or tax liability and thus being able to receive the excess proceeds of the sale; if this works out, the loan company or county treasurer is almost functioning like a real estate broker selling the property for them.

Excess Proceeds – Make Money Through Foreclosure

Money Left Over Excess proceeds is the term used when a creditor is paid off such as the tax collector or a mortgage company, and there is still money left […]