Tax sale overages and mortgage foreclosure overages will be your new best buds if you’re an entrepreneur searching for a very profitable new business endeavor.
Regardless of whether you have any real estate experience, you could earn $100,000 or more each year collecting these overages on behalf of owners.
As you would imagine, when foreclosure homes are auctioned off, there are often “overbids” – that is, more is bid than was owed on the mortgage or taxes.
These tax sale and mortgage foreclosure overages are often owed to the owner who lost the real estate property. However, many of these owners are unaware of this.
They believe they have lost everything. They go on, leaving the money behind, and the government eventually seizes it.
This is where Nick Fuller and his Overage Syndicate program come in. His specialty is locating these overages, helping in taking the money to return to its legitimate owner, and taking a fraction to deliver. Consider it a fee for his time, efforts, and expertise.
This Overage Syndicate review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
Overage Syndicate gives in-depth information on how to earn money.
Overage Syndicate was founded by an experienced investor.
Cons: What I Didn't Like
Certain states do not allow tax overages, so you cannot generate money using his plan.
Nick Fullmer’s Overage Syndicate program is a pricey $1,997.
Making money with sales tax overages can be difficult. There will undoubtedly be a learning curve.
Overage Syndicate is a real estate investing program.
Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:
- Long-term buy-and-hold
Regardless of which path you go down, there is a lot of potential with real estate investing. After all, it’s the world’s oldest wealth-builder.
However, before you leave this Overage Syndicate review and go sign up, you might want to ask yourself: “Is now the right time for me to get into real estate investing?”
Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.
So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.
But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion. A good way to get yourself there is with Digital Real Estate.
Digital Real Estate takes all the best parts of real estate investing, while eliminating most of the headaches:
- Low cashflow
- Interest payments
- High overhead
- Expensive repairs and maintenance
- Problematic tenants
And the best part?
Digital Real Estate allows you to build a passive income stream that’s actually passive! An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors. If that sounds like something you’d be interested in, check out Digital Real Estate.
This is the perfect first step to build a recurring income that you can then use to start investing in real estate down the line.
However, if you’d still like to know more about Overage Syndicate, keep reading.
What To Expect From This Overage Syndicate Review
This review will go over Overage Syndicate to see if it really is the best real estate course out there. You’ll learn whether real estate is the right online business for you. And at the end, you’ll find answers to some of the most frequently asked questions regarding Overage Syndicate and real estate in general.
What Is Overage Syndicate (aka Overage Profitability Formula) and How Does It Work?
The Overage Syndicate course is a comprehensive training program that will help you in running your own overage business. You will learn how to locate and choose the best states, how to find and deal with a good attorney, how to create the necessary legal documents, and much more.
Nick Fullmer, who has been collecting and selling overages for over 20 years, designed the online courses of Overage Syndicate.
Nick Fullmer has assisted hundreds of people in launching their own overage business. The Overage Syndicate online courses is Nick Fullmer’s way of passing on his knowledge to others so that they, too, may start making money from this profitable sector.
A family’s house is foreclosed on by a bank. The foreclosed home is auctioned off, and the bank buys it back for less than the amount owing.
This is something that happens a lot. What makes this story unique is that someone is out there looking for overages, bringing them back to the previous homeowners, and keeping a percentage for themselves.
It’s not as sinister as it sounds. Banks are obligated to return back to the previous homeowner any excess proceeds from the sale of their repossessed home for more than the amount outstanding on their mortgage. However, they don’t always follow through, or they don’t always do it at all.
So Nick Fuller goes in, collects the overage (the “forgotten money”), and returns it to the previous homeowner. He, on the other hand, doesn’t labor for nothing. As his fee, Nick Fuller takes a small percentage of whatever he recovers.
But it turns out, though, that there are literally hundreds of thousands of these unclaimed overages lying around. And Nick Fuller has built a business on returning them to the rightful owners.
What Is Covered By The Overage Syndicate Course?
The Overage Syndicate Course (also known as the Overage Profitability Formula) teaches students how to benefit from overages in taxes and mortgages. This course will teach you how to start profiting from overages.
Nick Fullmer will teach you exactly what he’s done in this overage business so you, too, can make a six-figure income while working just 30 hours per week.
Overage Syndicate is more than simply a collection of legal papers; it’s also a step-by-step guide that walks you through the full process, from client acquisition to attorney selection.
Four video modules will be available to you. These films are accessible online and may be accessed from anywhere at any time.
Nick Fullmer outlines all of the many options for generating income from foreclosures happening in these videos. He also demonstrates how to choose the best properties to sell fast and profitably. Nick Fullmer also highlights the necessity of recruiting the proper team and teaches his students how to successfully manage their personnel.
Overage Syndicate also gives you a detailed overview of each of the 50 states to help you decide which one to concentrate on. Here’s a breakdown of everything you’ll learn in the Overage Syndicate course:
– How to find a buyer for your building overages.
– How to develop relationships with potential clients.
– The best way to break into new markets.
– How to build a successful overage business in your neighborhood.
– How to use paid traffic to grow your overage business.
Surplus Funds, Excess Proceeds, Residue Balance, Tax and Mortgage Overages . . .
Surplus Funds, Excess Proceeds, Residue Balance, and Overages are all the same thing: a balance of funds resulting from a real estate foreclosure sale auction.
Any real estate sold at auction to collect a late tax payment or mortgage installment might leave some money in the court if the selling price is more than the actual debt and court processing expenses.
The title owners have the right to claim such surplus funds on its priority at the moment of sale. To transfer such money to the claimant in priority, the court undertakes several legal procedural processes.
Can I Really Make Money In This Overage Syndicate?
Yes, You can!
But… There’s a lot that comes along with real estate that many people struggle with. Now, don’t get the wrong idea… It’s not impossible to make money with real estate, but if you’re gonna put in the amount of grueling work to do this overage business (which, trust us, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
Is Overage Syndicate Legit? Or Is Overage Syndicate A Scam?
Overage Syndicate is legit.
It is entirely possible to build a profitable, successful real estate overage business… But there are multiple ways to build a business other than with real estate.
Our #1 pick proves this. Because, unlike Overage Syndicate, it actually provides real proof of real success from real people as recently as a few days ago.
So, is Overage Syndicate a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Nick Fuller makes it sound. There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later. But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)? And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week? Well, that’s the power of Digital Real Estate. And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need. Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second. Because even if they stop working for an extended period of time, the money keeps coming in. So adventure, memories, and experience are the top priority. And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Overage Syndicate Review: Conclusion
Working as a fund recovery agent for post-foreclosure surplus funds or excess proceeds has become a highly popular business model in the past two years, with many individuals profiting from its quick growth.
But, when it comes to building a business, you have plenty of options. And even if you’re dead set on becoming a surplus funds recovery agent, you’ve got way better options than Overage Syndicate.
Keep in mind, I don’t get paid to promote any of the programs I review. I personally think real estate is a great business model, but you could end up leaving way too much money on the table.
Are There Alternatives To Overage Syndicate
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is Our Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs. While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t. Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day. This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.
A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins. With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work. Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim. Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in). With Digital Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call). Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier. Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses. You make money by helping them make money. Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent. Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Nick Fullmer Overage Syndicate which could one day make you money. You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality.
At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.