MAKING MONEY WITH HUD/FHA MORTGAGE INSURANCE REFUNDS



UNDERSTANDING YOUR ROLE AS A TRACER

As a Tracer you will obtain lists of people due refunds from the Government with the intention of contacting them, notifying them of their refund, and collecting a fee for your work in locating them and facilitating the paperwork.

Tracers are private individuals who work for themselves. Anyone may become a Tracer and HUD does not require you to be registered or certified with them. You can work with your friends, neighbors or business associates. It is important to make sure you don't represent to the public that you are an employee or representative of HUD, FHA or the Government.

Although many people begin with their home state, there is no restrictions as to which or how many areas you may work in or how many cases you can process. Your income is based on the effort you are willing to put forth. What you earn is NOT dictated by someone else, it is decided by you! That means you are not limited to a specific weekly or yearly salary. Since you decide your fee, based on your time and effort involved, you are in control of what you believe your services are worth. The suggested fee of 10% to 25% is considered reasonable and customary. Naturally, if you think a particular case is worth more or less, that is your decision!

The claimants that are due these refunds have left the money sitting in the accounts for years mainly because they are NOT aware it. They should be very thankful that you took the time to contact them. If it were not for Tracers, it is unlikely that most people on the listings would ever know about their potential refund.