Government Foreclosure Homes - How to Get Them For Almost Nothing, and a Secret Way to Cash In

by Maggie Dawson




If you invest in property, you've got to start investing in government foreclosure homes. In the current economy, they're plentiful, cheap, and often free and clear. However, bidding at tax auction is no longer an option. There are no good deals to be had due to competition. Luckily, it's not necessary to attend auction, and you can almost always get a better deal on government foreclosure homes outside of the auction.

The auction will actually work in your favor. By waiting until after the tax sale, you can weed out bad properties by seeing which didn't get any bids. Then, a few months before the end of the redemption period, check and see which of the properties that did get bids still isn't redeemed. These will be your target properties.

What comes next is easier than you can imagine: simply contact the owners, and see what they are planning to do. Most will tell you they've decided to let the property go - either they can't pay the taxes or just don't care (more common than you might think). The timing here is extremely important. If you catch these owners at the right point in the process, you'll find they're willing to sign their deeds over to you for pennies on the dollar. Some will even offer to give their deeds away.

If owning government foreclosure homes doesn't sound like your cup of tea, but you still want real-estate-sized paydays, you make find tax and mortgage foreclosure sale overages interest you. When more is bid for these properties than was owed, the overage is generally held for the owner. But the owners rarely collect. Why? They've moved on and can't be found at the old address, they don't know about the overage, or usually, both.

Overages' existence is not common knowledge amongst money finders. So why not get into the "found money" business? You can charge 30-50% on these funds, and there are tons of them out there. Find records of overages, find their owners, and connect the two for huge finder fees.

So, how to find records of these funds, and find their owners? Read the *free* Hooked On Overages "Insider's Guide." Click here now: http://Hooked-On-Overages.com.

Interested in buying property directly from owners? Read the "Tax Sale Property Insider's Guide." Click here now: http://Deed-Grabber.com - free.