David McAlister Appears on Channel 11 News

AGG Partner David B. McAlister appeared last night on the 11Alive Help Desk with Bill Liss at 6pm. During the segment, Mr. Liss and Mr. McAlister discussed what foreclosed homeowners can do to claim any excess sale proceeds from foreclosure sales, especially in the event of a tax sale foreclosure. According to Mr. Liss, in the sale of a tax lien, buyers often pay more than the lien is worth, and any money remaining after the purchaser is reimbursed goes into a special fund—along with a 20 percent commission. The special fund is administered by the Fulton County Sheriff and now totals $9.9 million.