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Tax Liens & Mortgage Notes

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Michael Johnson
  • Involved In Real Estate
  • Athens, GA
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Tax sale overages process

Michael Johnson
  • Involved In Real Estate
  • Athens, GA
Posted Feb 26 2015, 11:57

As a new investor certain areas of real estate are appealing; however, the aspect of  low risk, no money down with unlimited opportunity for profit is the most sort after. We all know no area of real estate is completely free; however, the area I am referencing is Tax sale overages.

My questions pertains to the tax sale overage process:

1.) to my experienced investors can you share your story/ journey in the tax sale overage arena?

2.) once you have identified and located the individual through your respective marketing strategy, you convey to them that they are entitled money, then you draft up the legal documents to highlight your finder's fee, obtain the unearned cash and you take your fee and transaction complete.

A.)Is it really that  simple?

B.)If so what is the maximum finder's fee you can receive?

C.) what about the tax lien holders, banks, etc.?

I look forward to your responses? Please advise.

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