If you’re wondering how to collect a finders fee on unclaimed property, you’ve hit upon a way to make money that few people are privy to. Few break into the field because of the limits on what a person can collect as a finders fee, enacted in new laws that have come about in the last decade or so. But due to legal loopholes, there are still unclaimed property funds – big funds – out there that aren’t governed by these laws… on which you can make 30-50%.
Unclaimed property that is held by the State Unclaimed Funds Division usually consists of things like abandoned bank accounts, security/utility deposits, and stock dividends. If you want to collect a finders fee on this unclaimed property, you’re usually limited to 10%. Plus, they are often advertised on the state’s “treasure hunt” website where anyone can go look themselves up to see if the state is holding anything for them.
But there are bigger, better amounts being held outside the state. They’re not advertised on that state website. The State Unclaimed Funds Division has nothing to do with them. And they are big – generally in the $5,000-$100,000 range. If you collect a finders fee on this unclaimed property, you’re looking at banking $1,500-$33,000, minimum.
Real estate created unclaimed funds are the name of the game. Mortgage foreclosure overages, tax sale overages, and money stemming from probate cases as well are generally not subject to these finders fee caps if you know where to look for them. There is huge money to be made from these funds, and almost no one working them. That’s the good news. The bad news is these are funds that quickly escheat to the government. If you and the claimants don’t get them in time, they are lost – forever.
And there are tons of them. Literally billions of dollars, and more being created every month.
Find the records of these funds, find their owners, get the owners under contract for your 30-50% finder’s fee without revealing the source of the funds, and you’re looking at a six-figure income you can work from home by the end of this year.