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Home » Resources » Articles And Reports » “Millions of Dollars from Real Estate Auctions are Hidden in Government Bank Accounts – And, You Can Get a Portion of that Money” by Robert Diamond, Esq.

“Millions of Dollars from Real Estate Auctions are Hidden in Government Bank Accounts – And, You Can Get a Portion of that Money” by Robert Diamond, Esq.

There are millions of dollars hidden away in government bank accounts waiting to be claimed.  If that money is not claimed by the deadline, it becomes property of the government – FOREVER – and is lost to the government!

In one large county in America, there are thirty-two million dollars sitting in the government bank accounts waiting to be claimed.   In that particular jurisdiction, if that money is not claimed within thirty-six months then the government gets to keep it – forever!  So, in that jurisdiction the government transfers nearly three million dollars a month from the holding account into the government operating accounts!  And the people who the money should have been given to have lost it forever!

This is not what you expect, it’s not from lost bank accounts, unclaimed insurance policies, uncashed checks or unused gift cards.  Everyone knows about those monies and you can easily see them on State Treasurers’ websites.

Where this money does come from is forced sales of real estate due to unpaid real estate taxes.  Those sales happen every business day in America – in fact 28,000 parcels are offered for sale every business day and over the course of a year, five billion dollars are generated from sales of those properties and liens against the properties (both sales of properties and liens can generate overages due to the former owner).

The sad fact is that few people who are owed this money are aware of the money and, thus, few of them ever get the money.  Instead the government keeps the money.

Why is that?

Simple – because the people owed the money have no idea that the money is waiting for them to claim it.  And since they don’t know about it, the deadline to claim it slips by and the money is lost forever to the government.

Why doesn’t the government get these folks their money?  Simple – they have no incentive to find the people owed the money or give it back to them.  There is no budget or department to find the people owed the money, and if the people don’t show up to claim the money the government can keep it – forever!  And, we all know that governments are short of money these days, so they are glad to take the money.

So what does this have to do with you?  Easy – you can help connect the people owed the money with their money – and take a finder’s fee for making that connection!  There are literally millions and millions of dollars waiting to be claimed and you can get a part of that money!

If you’d like to learn how you can get involved, Register NOW for tomorrow’s Webinar, Hooked on Overages.  That’s Saturday, February 22nd at 12 PM EST.

https://www2.gotomeeting.com/register/786742306

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6 Responses to “Millions of Dollars from Real Estate Auctions are Hidden in Government Bank Accounts – And, You Can Get a Portion of that Money” by Robert Diamond, Esq.

  1. Phillip Warrick says:

    Great Idea, does this happen with bank foreclosures as well as the tax lien foreclosures?

    Phil Warrick

  2. Irene Webb says:

    WoW! I met a man who was analizes and programmer for a nucular power plants and told me about is 10 years ago, he said its unknow and you can make a 6 figure income , it’s unbelievable, he told me. I was scepital but he described it to exactly like this. He would also provide all the leads. I was scepital and didn’t believe the opportunity !!So I get a second shot at it 😉

  3. Joseph Greene, Jr. says:

    In Nov 2012, I was looking for help with real estate transaction engineering. Fortunately, Bob Diamond told me about Ron LeGrand and its been like drinking at a fire hydrant ever since — I can’t absorb it all fast enough. I always register for Bob Diamond’s Webinars when I hear about them. Don’t miss this one.

  4. Elliot Land says:

    Phillip,

    We sent your question to Bob Diamond’s office, and this is the response we got:

    Tax sale overages are faster and easier because there is no need for an attorney and no need to appear in front of a judge.

    In the course we have identified the fastest and easiest states to do this in and constructed the course so that our students can do this from anywhere.

    Take the faster easier path, that is what our course teaches and is the advantage of having a staff that includes people who have been doing this since 1999 and a top practicing licensed attorney. They cannot get this “dream team” of experts and lawyers anywhere else.

  5. Robert Ethier says:

    When is the next webinar?

  6. Tom Holyfield says:

    Shoot, I missed this one. Hoping for another down the line.

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