Unclaimed Property - Make Money Fast, Nevermind If Someone else Should Get It.
You don't have to be a rocket scientist to get get their hands on crazy $ by going after unclaimed property.
Today's article will look at a unknown form of unclaimed property, oten called excess proceeds.
When a property goes into foreclosure, the mortgage holder foreclosing wants the money from someone. For purposes of illustration, let's say that the bank is going after $200K yet the real property brings $250K.
I know what you're thinking - most foreclosures today are selling 'under water'. That is true. BUT, this is changing.
Who Cares - use a system to pull the unclaimied property out 20 years ago! - this method works regardless of when the sale happened, You heard me right.
So now we have this unclaimed property of fifty grand.
Where do these surplus funds, unclaimed property monies, go? In a perfect world, it would end up with the ex-owner. But Not in the Real World - here the clerk ends up with it. At that point, the bank/mortgage company has done their job Stay with me
The issue is No one has the time, money or inclination to return these funds.
As a result the unclaimed property drops into a special account where the county makes interest from the unclaimed property until it is claimed. Following , the cash moves to the State's accounts and thus remains gathering dust right up til someone gets it.
Consider This The ex-property owner hasn't a clue the unclaimed property is waiting on them and even so the owner doesn't have a clue to get the unclaimed property that is rightfully theirs.
I hear what you're saying: that the guy entitled could call the State or google an unclaimed property internet domain and check. Sorry, no. That form of unclaimed property is usually cash left in bank accounts, saving account money, etc. Not unclaimed property from the sale of foreclosures and/or tax liens. also, a lot of states call that unclaimed property not through the entitled party's name but instead through an account/file number. Most Often you go through the office at the county clerk to acquire the money.
Using a simple, proven technique, you can get the unclaimed property - frequently more than $30k - in 5 weeks or less, in your name, regardless of whose name it was originally in!!.
There's a site where you can get this unclaimed property online that sells the full system for under $20!..
Head on over to http://www.surplusfundsriches.com
