Below is a list of frequently asked questions that are most pertinent to this HUD/FHA Third Party Processor Program as a work from home opportunity . If you have any additional questions contact our Customer Service Department or call HUD/FHA at (800) 697- 6967 or (703) 235-8117.
 
Is this program legal?

What is the number and the amount of unclaimed refunds?

Why doesn't HUD/FHA locate these refund recipients themselves?

Why have these FHA borrowers not collected their refunds?

How do I locate and contact these refund recipients?

What is the average refund amount?

How do I establish the processing fee for my services?

What will prevent a client from calling HUD/FHA directly and doing this themelves?

Is this refund taxable to the recipient?

Can I keep my present job and start part-time?

If the Starter Kit contains all one needs to begin, why do I need your Manual to teach me ?





Is this program legal?
Yes, the Federal Government along with HUD/FHA originated this work from home opportunity program and decided to allow others as Third Party Processors to assist them in locating the refund recipients of unclaimed refunds. Call HUD/FHA (800) 697-6967 to verify.

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What is the number and the amount of unclaimed refunds?
Most recent Government report states there are over 750,000 unclaimed cases that are currently available to the public under the Freedom of Information Act (FOIA). These unclaimed cases total more than $250 million and another $150 million of unclaimed refunds which are not 2 years aged yet. Most of which will be available for one's work at home business for the years to come.

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Why doesn't HUD/FHA locate these refund recipients themselves?
They attempt to, but are not efficient at such. Plus the administrative costs are astronomical. It saves them $millions to allow Third Party Processors to locate these refund recipients.

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Why have these FHA borrowers not collected their refunds?
There a variety of interrelated reasons. One, the borrower did not understand the mortgage insurance policy or merely forgot since the loan occurred years ago. Two, the Lender at a subsequent sale or refinancing did not inform them of their possible refund eligibility and/or the Lender forgot or delayed informing HUD that the insurance was terminated. Third, it takes the Government months to process the insurance termination and then sends a notice to the borrower at the address of the property which was insured. By this time, the borrower has moved and never receives the notice.

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How do I locate and contact these refund recipients?
There are many conventional methods which are still very effective. However, with the advent of the Internet and its powerful tools, locating individuals has become more efficient esp. with the ability to locate one's email address to initiate first contact. AMERICAN REFUND SERVICES Advanced Manual provides you the most complete and comprehensive training available. HUD/FHA can supply the lists of unclaimed cases, but offers no other assistance or training.

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What is the average refund amount?
The average refund amount ranges from $800 to $1200. Mattering on how you set your fee, you could earn $200 to over $300 for each refund you process.

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How do I establish the processing fee for my services?
Most processors charge between 15% to 20% for their services. Some processors prefer to charge a flat or fixed fee. Remember, this is your own work from home business and your decision.

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What will prevent a client from calling HUD/FHA directly and doing this themselves?
During initial contact, you always mention that they have an unclaimed asset (vs saying refund) and do not mention HUD/FHA until they agree to hire your services and sign a Contract for payment of your services. Our Manual for this work at home opportunity will show you how to possibly get paid in advance or paid before they can accept the refund check.

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Is this refund taxable to the recipient?
No, the refund amount does not need to be reported as income.

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Can I keep my present job and start part-time?
Yes. We recommend you start out part-time with this work from home opportunity Remember, this is not a get rich scheme, but a viable and profitable real job to supplement your income by working from home.. If you are dedicated and as you become more proficient you might consider working this full-time. The decision is yours.

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If the Starter Kit contains all one needs to begin, why do I need your Manual to teach me ?
You don't have to. However, you can profit from our experience and expertise. The Advanced Manual's 10 Chapters covers every detail; every conventional and powerful Interent methods and tools for locating refund recipients; sample correspondence letters and agreements to assure payment for your services and valuable outlets to defrayany costs such as business cards, stationary and toll calls. The ability now to locate one's email address makes the task of contacting the refund recipient even easier. This work from home opportunity is a REAL job.