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Updated over 5 years ago on . Most recent reply
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Best Markets for Mortgage Foreclosure Surplus Strategy
Which states/counties have the most favorable business and regulatory conditions for pursuing a mortgage foreclosure surplus strategy? Thank you!
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Joe Kaiser, the Washington State investor mentioned by @Jay Hinrichs still maintains a website describing the actions he took to gain an interest in properties involved in tax foreclosure in WA and why. One of Joe Kaiser's belief's is that the various Counties resented the loss of revenue (unclaimed overages) that resulted from his business. It is an story of interest which can be found at http://www.pushedtoshove.com/
@Ana G., the owner's of tax delinquent property need all the help you can give them. Though the State's and County's talk up "protecting the public", the reality is they regularly and continually profit considerably from the losses of tax delinquent owners. The foreclosure markets, both mortgage and tax foreclosure, are ripe with opportunity.