Overages at a Tax Deed Sale

Overages at a Tax Deed SaleWhen there are more bids for a property at a tax deed sale than is owed in back taxes, the funds or overage amount is originally due back to the owner of the property.  Unfortunately for these owners, many have ignored communication with the government.  They miss the notice of the overages and just move on and leaving them behind.  The outcome is that the overages are permanently lost to the government.

There is a legal loophole that exempts these funds from having finder’s fee caps.  You can locate the homeowners and charge 50% in finder’s by helping them get the unclaimed funds.  With this method, you can earn a five-figure income just be connecting the homeowners with their overages.  The profits are possible especially with the number of foreclosures rising up every year.

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