ways to get money
There are a million ways to get money but the Gold Mine System is the most innovative, and gets you more money - thousands - faster.
Finder deal?? NOPE. The State regulates finders, both in qualifications and in the split they can receive.The Gold Mine System Rocks the House and Blows Finders Away.
You may be thinking this is unclaimed funds - strike one. Unclaimed money is usually small chunks of money from abandoned bank accounts or from safe deposit boxes.
No - we're talking instead about excess funds, surplus proceeds. Foreclosure sales are the originators of this money.
When a property is foreclosed on, the mortgage company is not allowed to keep any excess proceeds from the sale. As this happens, excess proceeds are sent by the bank to the county clerk to hold. These excess proceeds go to the clerk because there may be more folks in line for the money ahead of the ex-owner - lien holders, judgement holders, etc. The substitute trustee does title work, but judgements and liens are the responsibility of the county. In addition, if the trustee gave any overage, after liens and judgements, to the ex-owner (the rightful owner), but screwed up the title work, the trustee would be responsibility for the shortage.
Once the court gets the money, they are supposed to contact everyone that could have a claim to the money.
But, the court notifies all folks through the mail, at the last address they have on file. The clerk doesn't verify the addresses, which lien/judgement holders don't update. They weren't expecting to be paid so didn't think to give the new address. Guess what the last known address is for the ex-owner? The house they got kicked out of.
The clerk waits a few months and then puts the money into an interested bearing bank account. The county can't touch the principle, but they can grab the interest as pay for holding it. Does that create a sense of urgency for the clerk to pay the money out?
Eventually the State gets sent the excess funds. The State then 'invests it' and makes the interest. Again, incentive for the State to return it to the ex-owner?For some odd reason the State doesn't post this money on their unclaimed money site. Calling the state as the rightfull owner and asking if there's money in your name gets you no where. Oddly, the money is not filed under the file number, not the owners name.
Okay - let me ask you-
Let's say you're the county or state with all the records, including social security numbers for these people - how hard would it be for you to find them?? Let's be real - for a small fee, I can find anyone with a social security number and a computer.
Important: the funds are there from yesterday and from 40+ years ago.
NC has about 100 counties, each with its own court house, and the files span more than 4 decades. Super low estimate - 4 times each year each county has a foreclosure with surplus = 400 foreclosed properties with surplus per year = sixteen thousand foreclosure surplus funds accounts over 40 years. At $10K average overage, we're talking the state puts up $160M buckaroos over those forty years. Say interest rate of 3.5 percent - State gets interest of $5,600,000.00
Our program shows you how to find the money, delineate the amount left, and get it All in Your Name. No Sxxt!
And, we teach you how to get the money even if there are judgements or liens against the funds. Can't get this system anywhere else.
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- How to Make Money on the Side
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http://www.newhouseforless.com/howtomakemoneyontheside.html
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