Ar_home_b_search
 



mortgage scams: Convicted Kidnapper Pursues Agent - 03/17/09 10:07 AM

As the fallout from the financial crises continues, and the criminals that perpetrated fraudulent loans are brought to justice, some of us as agents may be pulled into the fray.
Approximately three years ago I represented a very nice women that had been manipulated into buying a home by her own boss, a mortgage company Vice President.
She had been convinced to allow him to use her credit in what he claimed would be a very profitable "flip". He explained the need to "use her credit" by claiming his was simply maxed-out from his vast real estate holdings involving other … (4 comments)

mortgage scams: Liars Loans are Back! - 08/11/08 03:28 AM

We've all heard of Liars Loans, the infamous loan given to borrowers based on nothing more than the lie's they put on their application. Lately the term has taken on a new meaning for me; now liars are sending me loan applications!
In May I began receiving offers for low interest loans for just about anything I want to use them for. They seem to come daily now. I know people in the business wouldn't bite into this little scam, but I have no doubt someone in dire need of cash might.
Because so many of my previous post have … (27 comments)

 
Bora

Michael Creel

Bellevue, WA

More about me…

InActive Agent

Office Phone: (864) 252-3257

Email Me

Real Estate Tips and Opinions with a bit of Humor, realty facts and opinions, bellevue wa. real estate, newcastle, newport, redmond,


Links

Archives

RSS 2.0 Feed for this blog