Question

What are Surplus funds? ​

Answer 1

Answer:

Surplus Funds are proceeds generated from the sale of your home at a sheriff's sale*. If your home is sold for more than what you owe on your mortgage and for taxes, you may be entitled to Surplus Funds, which in some cases could total thousands of dollars.

Explanation:

A surplus is when you have more of something than you need or plan to use. For example, when you cook a meal, if you have food remaining after everyone has eaten, you have a surplus of food

pls mark me as brainleast

Answer 2

Explanation:

Surplus Funds are proceeds generated from the sale of your home at a sheriff's sale*. If your home is sold for more than what you owe on your mortgage and for taxes, you may be entitled to Surplus Funds, which in some cases could total thousands of dollars.