Short answer
Yes, in principle. Section 5067 says any surplus from the sale proceeds shall be rendered to the owner of the premises at the time of sale, after the debt and costs are paid. The officer making the sale is not discharged on the record until the surplus is paid.
What the statute says
Title 10, section 5067 of the Delaware Code deals with surplus. If the property sells for more than the amounts owed on the foreclosure judgment and the costs of the sale, the extra money is rendered to the owner of the premises at the time of sale. The officer who made the sale is not discharged upon the record of the court until the surplus is paid, which gives the rule some force.
Why surplus is not common
Most foreclosure sales do not bring much beyond the debt, especially when fees pile up. Sheriff sale bids also tend to follow what the lender is willing to bid. Do not plan your budget around leftover money. Ask the attorney or sheriff's office how a surplus claim is handled in your county.
Who is the owner at the time of sale
The statute refers to the owner at the time of sale. If title has changed, if there are co-owners, or if the owner died, the claim can get complicated. Keep every notice mailed to you and update your address with the court and the sheriff. Missed mail is a common reason people never learn about a surplus.
Compare with selling first
A regular sale lets you collect equity in a controlled way and avoid sale costs. A sheriff sale can bring a surplus, but it can also bring none. This page is general information and not legal advice. Ask a Delaware attorney about liens that could take money from the surplus.
Selling for cash instead
If you have equity, the question is how to keep it before a sale date. A cash sale to Kaizen Home Buyers skips the repair list and the agent commission. The purchase is as-is. We can give you an offer within 24 hours and close in 14 to 30 days, or later if you need time. Our phone is 267-329-0084.