Real estate blog entries tagged with scams by Rudy Baker (Century21 First Choice Realty)

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Home : Blogs : Rudy Baker : Rudy's Blog : Tag "scams"

scams: Absentee Owner Scam - 03/14/07 10:49 PM

I wanted to make everyone aware of a predator out there targeting absentee owners ( and apparently elderly owners as well)... I have a client who was contacted by a "Todd Teal" wanting to purchase his tract of land here in NC ( He lives in another state). THe long and the short of it is he writes a sham contract ( open ended closing date, earnest money that never gets deposited) and basically never closes. When forced with a contract revocation he threatens to place a lis pending and/or a lien on the property, effectively clouding the title. I have … (13 comments)

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Rudy Baker

Burlington, NC

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Century21 First Choice Realty

Address: 3280 S. Church St , Burlington, NC, 27215

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