Property investors are in for a treat on tax lien certificateoverages. If you have not heard of this yet, then this is the time to know what it is. Tax lien certificate overages are created by tax sales which are running wild with the current foreclosure rates today. With these overages alone you can potentially create a large income. Also, you can do this on your home office.
Overages result when there are more bids on a property at a tax sale than the taxes that are actually owed. The government holds these overages and is owed back to the homeowners which are made available for them to collect. They simply write a letter of request or send a claim form in most cases.
The good thing about this is that most of these owners relocate to another place without realizing they’re owed the overages. The money stays until it escheats to the government. There are even cases wherein the property owners never knew what happened.
You can make profits out of this by finding records of these tax liencertificate overages and figuring out who the owners are. Contact the rightful claimants and keep the information secret until the owners agree to pay you a percentage of the data. Now you are looking at a faster way to earn extra money.
