You’ve almost certainly heard of money diggers, or people who make their living entirely on digger fees. If you don’t know much about how they do it, it can seem daunting. The truth is that almost anyone can make a great income from lost money, as long as they look for the best lost money: unclaimed property funds.
Many money seekers start by going to the state’s unclaimed funds website, where you can usually type in your name and see if you have any old bank accounts, stock dividends, or whatever a government agency has in store for you. Governed by state law, these funds are typically quite small amounts (less than $1,000) and have imposed limits on how much a seeker can collect, typically 10% or so. Seeing how little money there is to be made, most new money seekers quickly leave the field, not even realizing the money they can make from unclaimed property funds.
The reason unclaimed property funds are a hidden gold mine is that they are generally not subject to the fee caps set by state law, due to their location outside of the state government level. These funds come from mortgages, property taxes, and the like, and often run into the tens of thousands of dollars, and since you’re not limited to a 10% search fee, you can earn five figures on every transaction! This is a major loophole that few know about, leaving lots and lots of funds, billions, currently, sitting in government coffers waiting to be reunited with their owners.
Anyone can guess how long it will be before the government catches on and starts imposing limits on these funds as well, but for now, the field is wide open. With so few people working on it, and so much of these funds being created with all the foreclosures going on, you’re virtually guaranteed to make all the money you want, all while sitting in your home office in your pajamas, anywhere. of the world. world.
