Real Estate Finders Fees - The Way To Make $100,000 A Year From Home With Unclaimed Property

Heard of the "found money" business? Working as a money finder is becoming more and more lucrative due to the global economic situation

. Most money finders work the State Unclaimed Funds Division's unclaimed property, and are able to charge up to 15% per transaction. If that sounds good, you're going to love this: some real estate finders fees can be up to 50% (or more), and few money finders know about them.

Real estate finders fees, in this case, come from (logically) real estate created overages. These stem from things like tax foreclosure and mortgage foreclosure, as well as from missing pieces of probate cases and the like. Real estate overages generally are the funds that were overbid when foreclosed properties were sold at auction. Depending on the state, these overages are held for the former owners to collect. But as you can imagine, these folks become good at ignoring notices from the government regarding their delinquent property and generally miss the notice informing them of the overage.

If you can find these funds, and find their owners, you're legally able to charge 50% or more in real estate finders fees. This is because these funds aren't held by the state, and thus aren't subject to state laws. Overages typically range from $2,000-100,000 or more. That means you have the potential of making a $50,000+ paycheck from one transaction.

And from an altruistic vantage point, you're also helping these former owners not lose the equity they had in their home when it was sold at tax or sheriff's sale. Most have no idea where they could be due money from, and will lose all of it if someone doesn't step in. 50% of something is better than 100% of nothing, so don't have too much of a moral dilemma when considering pursuing this as a career choice. 9 times out of 10 owners are nothing but grateful for your assistance.

by: Maggie Dawson

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