Excess proceeds

EXCESS PROCEEDS | This investment strategy usually involves buying a property which is going to be foreclosed upon. The investor is counting on the property selling more for the debt or tax liability and thus being able to receive the excess proceeds of the sale; if this works out, the loan company or county treasurer is almost functioning like a real estate broker selling the property for them.

excess proceeds

By Mr. Moneyface

I blog about alternative investments and unusual ways to invest your money. See this list: 150 Types of Investments!