A Visit from the District Attorney!
This is a very interesting article I found on fraudulent Real Estate transactions. This is highly directed to Real Estate investors as they are always seeking a prudent deal and sometimes the best are too good to be true.
A couple of years ago, Real Estate fraud was all about hyped up appraisal valuations and colusion between brokers, lenders, appraisers and title people. This article is sharing about people fraudulently selling homes that don't below to them!!!
Please pay attention to the last paragraph where it addresses steps to take in today's market to insure you are working with the actual seller and it points our potential red flags to look for.
Thursday, August 6, 2009
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