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Updated almost 5 years ago on . Most recent reply

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90
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4
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Steven Paul
  • Lithia, FL
4
Votes |
90
Posts

Unclaimed excess tax deed sale proceeds

Steven Paul
  • Lithia, FL
Posted

Hello, I live in Florida and I know about Unclaimed excess tax deed sale proceeds, is it legal to have a company where have my attorney draw up an agreement between me and the person who has claim to this excess money to where I tell them about this money the have claim to for a fee? because in most cases the person who has claim to this money usually don't know it.

Most Popular Reply

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23,418
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13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Most properties have Mtg,s or other liens, so most have no surplus due to the owners.  Many newbies trying it, experienced operators doing it, 12% max fee, doesn't seem appealing.

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