Who Is Involved?
Thursday, December 3rd, 2009 Posted in Real Estate | Comments OffAlmost everyone in the home-buying process is engaged in fraud -the original buyer, the brokers, the appraisers, the title company workers, the straw buyers. Appraisers - The best line of defense to combat real estate fraud. Lenders - Usually the injured party ...
“Rescue Companies” 2
Wednesday, November 26th, 2008 Posted in Real Estate | Comments OffImage Source: assets.aarp.org The Illinois Attorney General further warned the public of the "title taking scheme". Con artists would persuade homeowners(especially the older ones) to sign the title of their home over to ...
Beware of Affinity Fraud
Monday, September 29th, 2008 Posted in Information, Real Estate, Real Estate Fraud, Scams | Comments OffThere are a lot of religious communities in the world today. These local communities, that share ties of trust, belief and love, will usually go out of their way to help and cooperate with one another. ...
Be cautious of the Real Estate fraud
Thursday, August 14th, 2008 Posted in Detection, Information, News, Real Estate, Real Estate Fraud, Scams, State protection, Updates, Victims | Comments OffImage Source: www.wjfa.net Be cautious of any real estate frauds, since many people are venturing nowadays onto these illegal matters just to earn quick money. Some things to watch out for are those real estate industry professionals who conduct 100 percent ...
Red Flag Statements
Monday, March 24th, 2008 Posted in Real Estate | Comments OffReal Estate Fraud is difficult to detect. But if you are familiar with the “red flags”, you’ll be able to identify that it is a fraud. Here are some “red flags” statement according to www.dfwrealtors.com. 1. The fee of an overblown ...
Straw Buyer
Monday, March 3rd, 2008 Posted in Real Estate | Comments OffA straw buyer is employed to acquire a property for a shareholder who may not have qualifications for a loan due to numerous property loans. Alternatively, the investor has the purpose to resell the property within months for profit. While ...