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I have typed up a list of all the questions you could possibly have.

 
Question: Am I smart enough to do this?

Answer: Yes, if you know how. Then it's just a matter of doing it.

Question: So what's stopping me from ordering this list from HUD myself and being a processor?

Answer: Nothing, but there is absolutely no way you will know how to contact these people, know what to say, know how to do the paperwork and get paid right away! And it may result in a lot of work for nothing. 

Question: Is this legal?

Answer: Yes, absolutely in every way. And HUD/FHA wants you to do this. It saves them millions in administrative costs.

Question: How long is this going to last?

Answer: Experts say that this problem for HUD/FHA will continue for at least the next 20 years. Every month more people are added to this list.

Question: What is the average refund?

Answer: The average refund is $800.00- $1200.00 which makes your 20% - 30% fee equal to $240.00 -$400.00. But if you wanted too, you could work on only the people who had over $1000.00 coming back to them. The highest refund is around $4000.0 

Question: How do I decide on 20 - 30% processing fees?

Answer: You can charge whatever you feel is fair. Don't be greedy! Also, you always need to call it a processing fee and not a finders fee. This enables you to charge more than 5 - 10%.

Question: How long will it take before I start making money from the day I start?

Answer: You can start making money the same day, but it will usually take a couple days for you to get the cash in your hand. I will show you how to get paid the exact day you disclose the information to the people.

Question: Can you do this in other states than your own?

Answer: Yes, you can do any state in the entire United States.

Question: What are your expenses?

Answer: About your only expense is a tracer list that you will need to order an updated one around every 3-4 months. 'There are so many people on the list you may never have time to get through it all. You will need postage stamps and stationery.

Question: Do you have a lot of mailing to do?

Answer: Very little. You can do 70% of the work over the phone.

Question: Is there a lot of competition?

Answer: Again! Absolutely not, there are so many people that have money coming back to them with more added each month, you could never take another man's business away even if you wanted to. And again, I show you how to go after the harder to find people which is what nobody knows how to do.

Question: Does HUD/FHA require you to be licensed?

Answer: No. HUD/FHA requires no license.

Question: Do I get paid by HUD/FHA or by the people?

Answer: By the people, and I explain step by step how to do that.

Question: What's stopping these people from calling HUD/FHA and doing this themselves after I talk to them?

Answer: That's easy, you are paid up front before you disclose the information to them, or you will have them sign a contract stating they will pay you after they receive the funds. But I will show you how to get paid from everyone so you never work for nothing.

Question: This sounds almost too good to be true, is it?

Answer: I want to tell you right now. Everything I say is exactly the way it is. You can verify everything through the Federal Government. Their number is (703)235-8117 or (703)487-4070. It is a great way to make an honest above average income.

Question: Does HUD/FHA teach you how to locate these people?

Answer: No. But there are other private companies in the United States that do offer programs similar to our program.


Question: So, why should I pay you $79.00 to teach me how to do this?

Answer: Let me put it this way, if you want to do this, do it. If you don't want, don't. It's up to you.

If you do, than go MIP Order

 

 

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Last update: 12/24/98
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