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Updated over 4 years ago,
Tax sale overages process
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.