Bob Diamond Overages Overages Surplus Funds

If the home owner does not pay their real estate tax, there can be a Tax Repossession by the local county and if that residential property mosts likely to Tax obligation Repossession auction, there is usually a prospective buyer who acquires the home for even more than what was owed in real estate tax. Let me describe # 2 for you a little deeper say you owe $15,000 in real estate tax on your house and your residential property goes right into Tax Repossession.

Say the property costs $100,000 and from that, the county takes their $15,000 they were owed for residential property tax obligation. Foreclosure Overages List. So what occurs to the continuing to be $85,000 that the staff of court has in their savings account? The house owner has to make a claim to the area staff and the court normally assesses these claims and honors the home owner his money

The county government HAS NO Commitment to alert or inform the former home owner. J.P. Morgan says these Tax obligation Repossession sales create virtually 13.6 million bucks in excess, or equity, every solitary day.

Next-Level Tax Sale Overages Strategy Bob Diamond Tax Sale Overages

My buddy, Bob Diamond, is a professional in this niche of excess and aids homeowners get the cash that's due to them. He simply lately informed me that they presently have 2.2 million bucks in excess under agreement in his workplace and they will certainly get fees of around 30% of that 2.2 million.

High-Yield Tax Sale Overage List Education Property Tax Overages

There are a couple of things you will certainly require to be effective in the excess company. Right here are the four basic steps you will certainly require to follow: Discover that is owed the cash and that to get a targeted listing. Bob Diamond Tax Overages Blueprint. Since Bob is an attorney, he understands exactly just how to get the listing required to find these former homeowners

The excess market is a wonderful location for a genuine estate rookie to start their occupation. Start with tax sale overages, and then function your way up to a lot more complex funds like home mortgage foreclosure excess and unclaimed estates.

Cutting-Edge Tax Overages Program Bob Diamond Overages

This is additionally a great means for somebody who does not intend to deal houses any longer to remain in the realty market without getting their hands as well unclean. Bob describes this as the "Robin Hood System" and if you think of, this name entirely makes good sense. There is a significant amount of cash in it for YOU as an insider that would certainly be finding this cash for people from the federal government.