| hooked on overages | | | | from foreclosures. If a home sells at foreclosure for |
| You can now get a program way better than hooked | | | | more than the collateralized debt, the mort company is |
| on overages? | | | | not allowed to have the excess. Surplus funds are |
| Missed opportunities are a part of everyone's history. | | | | sent to the local court house. |
| We're talking about the coulda woulda shoulda time. | | | | The thought is that the court will contact anyone else |
| This has happened to me. | | | | due money from the property sale. Judgment holders, |
| A friend started a company I could have partnered in | | | | lien holders, 2nd mortgages, etc. Wonderful in theory. |
| that is now on the NYSE. I put together a $21 million | | | | But the court doesn't contact folks who are owed the |
| condo deal on an up and coming lake. The money guy | | | | money. Oddly the county can keep the interest on this |
| I hooked up with was a mistake. I could have sold that | | | | surplus Over time, the county sends the money to the |
| deal instead and made $100K's, seriously. | | | | state. Any interest earned then stays with the state |
| Now, I look at opportunities closely. | | | | gov. This money doesn't get listed on the states |
| Recently a friend brought me in on exceeds proceeds | | | | website. |