If you haven’t heard of real estate foreclosure surpluses, be glad to read this article. Real estate foreclosure surpluses offer a great opportunity for anyone interested in making a lot of money from home, and they stem from property foreclosure, which as you surely know is skyrocketing in today’s economy.

Real estate foreclosure overruns occur when a bidder offers more for a property at the foreclosure auction than is owed on the mortgage or in back taxes. For example, if someone owes the government $5,000 in taxes but has nice property, a bidder might bid near the retail value of the home; Let’s say $150,000. This results in a surplus (in this case, $145,000), also called an oversupply, surplus, surplus, or excess profit, depending on the language of the particular state.

In many foreclosure cases, and in all foreclosure cases, this money must be returned to the original owner. However, in a large number of cases, the owner does not realize that he is entitled to the funds. They think that by defaulting on their loan or not paying their taxes, they lose everything. These homeowners get good at avoiding bill collectors and other debt-related communications, and they often ignore any notice from the government that money is owed to them.

Due to an almost unknown loophole, surplus real estate foreclosures are almost never subject to the same limits that the government imposes on state funds. What this means to you is that you can collect these funds on behalf of the owners without having to deal with the restrictions the government places on money seekers for things like lost bank accounts. For your service in locating the funds and their owners and helping connect them, you can legally charge up to 50%.

In the example above, you would earn over $70,000 as a search fee, just for that excess (and real estate foreclosure excesses do exist, and there are A LOT). That’s a full year’s (or more) household income for most people. Imagine the earning potential when you get involved in collecting these surpluses full time.

While most are unaware of this source of income, even most who actively invest in tax sales, some real estate experts have been quietly making a killing this way for literally decades. With the current rate of foreclosures, now is a great time to step into the field and grab a piece of your pie.