Tax sale overages with the help of a lawyer.

[Jesse H McCrary]

Hey guys, I have been studying very hard on the tax overages recovery business. I know this is a very involved niche and lots of legal leg work. I understand through my research that it is nigh impossible to do this without the help of a lawyer, which I plan to utilize. Im curious though, to ease a contacts fears of this being a scam, could you use the lawyer as an escrow to ensure that not only will the client get their money, but to also protect your interests in the deal as well? I would also like to ask, do you think that a limited power of attorney document between me and the client would be necessary as well. Thanks guys for all of the great help on these forums. Its a great tool. 

[Jay Hinrichs]

Quote from @Jesse H McCrary:

@Ned Carey I have also looked at tax liens and deeds but to be perfectly honest I really don't want to possibly end up with a property that maybe I don't have the time or desire to deal with. I know surplus funds is not a get rich quick scheme but I would still like to cycle through quicker turnover than say holding a lien. For one Im not quite there yet financially to commit large sums of money to a lien that may payout in say two or three years. Don't get me wrong it is really appealing to me as a business model but I feel I would need quite a bit of liquid cash to be able to buy more than just one lien at a time to make it worth my while. Back to your statement about practicing law without a license, this is why in my previous post I stated I would retain the help of a Lawyer to facilitate all transactions with the court. Hoping in essence,that they could at least navigate the system and also act as an escrow agent to protect my intrest in the deal as well as the client. Thanks for the insight I really appreciate it. 

if you have limited funds I cant see how paying an attorney for billable hours could possibly work .