Who gets foreclosure surplus if a will left the home to someone else? | NC

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Q: What happens to foreclosure surplus funds when a deceased parent's home was specifically left to someone else in a will? A: In North Carolina, the surplus usually follows the legal ownership interest in the home. Foreclosure surplus is the money left after sale costs, taxes, assessments, and the mortgage debt are paid. If the parent owned the home, and a valid will was properly probated, and…