Houses for sale in Ottawa

If you’re outside the U.S. you’re probably dying for a way to get in on the real-estate sized paydays that are commonplace here in the states. It’s been pretty difficult to do up until now. But there’s a way you, or anyone, anywhere, can make really big money from tax lien foreclosure properties, without ever having to own them.

Government auction of tax lien foreclosure properties frequently results in overage funds – that is, more money is bid for them than is owed in back taxes. These overage funds are usually held for their owners to come in and claim. Strangly enough, most of these owners don’t realize they’re entitled to the funds – or if the sale resulted from a death, which is often the case, their heirs are completely clueless.

You can make real-estate sized paydays in the form of huge finder’s fees by finding the former owners (or heirs) of these tax lien foreclosure properties and charging for your information and assistance. Since these funds are usually held locally, not at the state level, state finder’s fee limits generally do not apply. This means that you can charge 40-50% – and the funds regularly run into the tens of thousands of dollars.

Who knows how long this opportunity will be available. The government will undoubtedly eventually limit finder’s fees even on these funds. But for now, it’s an almost unknown niche and the sky’s the limit for profits here (especially with the huge number of foreclosures right now). If you’re looking for a way to profit from tax lien foreclosure properties but don’t want the hassle of owning them, this is a brilliant angle to work.


Source by Maggie Dawson

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