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How Tax Foreclosure Properties Can Make You Millions – Without Ever Touching a Deed

Mar. 16th, 2010
in Real Estate
by Submission

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Your mission, should you choose to accept it: make at least twice what you’re making now, working half as much– starting today.

If you’re reading this article, you’ve got what it takes to do it already. You’ve got that itch to have a different life, and you’re not going to sit idly by toiling away your days in a cubicle. You’re smart, too– you know that real estate investment is where you should start. Maybe you’re even already looking into, or investing in tax foreclosure properties.

If that’s the case, then you’ll be surprised to learn that you never needed a single lien or deed to make money from tax foreclosure properties. In fact, you never really needed a single lien or deed to make even more money from tax foreclosure properties than you’ve been making with those liens and deeds. It’s something you’ve probably noticed somewhere along the way, if you’re already an investor. Especially if you’ve ever seen a copy of a property record from after the tax sale.

Have you ever wondered what happens when someone bids more for a property at tax sale than the taxes that are owed to the government? Well, in about half the states in the U.S., the government keeps that money. It goes to build schools and roads, and maybe even buy a few $12,000 staplers.

And if you ask the average person, just the average homeowner– your mom, your dad, your sister, your best friend– what they would think happened in that case, they’d tell you the same. They’d guess that when the government forecloses on tax foreclosure properties, that it just keeps the money. And in many cases, they’d be right.

Here’s the secret.

In the other half of the states, the government doesn’t keep the money. They hold it in trust for a while, and the owner can come in and claim it. They will even send out a postcard to the owner, letting them know they can come and claim it. Guess how often that owner is aware they can get the money? Guess how often the owner is still living in the property, and receives that postcard; or if they do receive that postcard, even knows what the heck it’s talking about?

So what happens is, that money sits there. And sits there. Until eventually, the state mandated time period that the money has to be held is up, and the state is legally entitled to the money. All the while, that owner is sitting on $5,000, $10,000, $25,000. $100,000.

Without ever knowing it.

And wait… it gets even better. These funds aren’t part of a state’s “unclaimed funds” division. What this means to you, is that firstly, they’re not subject to money finder fee limits, set forth in the state unclaimed funds code; and secondly, they don’t show up in the state unclaimed funds database– the search box that many states have on their websites, where you can go and see if you have lost stock shares, bank accounts, etc.

They’re not there. The owners can’t find out that way. Basically, if they aren’t aware of the funds, they won’t become aware of them… until it’s too late.

That’s where you come in. Connect the owners with the funds, charge a finder’s fee that makes it really worth your while, and you’ll find that goal of making your first (and second, and third) million is a lot closer than you thought.

So where to find records of these funds, and how to find their owners? Read the *free* Hooked On Overages “Insider’s Guide.” Visit http://Tax-Sale-Overages.com now. Or, take the *free* 5-day Video Training! Visit http://Overages-Training.com now.

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