What must happen before surplus funds are released to me? | NC

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Q: What has to happen before foreclosure surplus funds can be released to me? A: Before the money can be released, the foreclosure sale must be final. That means the upset bid period has ended, the sale proceeds have been received, and the trustee has determined that money is left after sale costs, taxes or assessments when applicable, and the mortgage debt are paid. If it is not clear who…