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10 Commandments for Home Buyers - 06/14/09 09:40 AM
Loved this! I do have to add one more. Thou shalt not lie to your Realtor!!
Via Jamie Carroll ~ S&B Real Estate Team ~ Vancouver, WA ~ Clark County (Keller Williams Premier Partners):
1. Thou shalt not change jobs, become self-employed or quit your job. Longer employment time shows stability and a reduced likelyhood of default.
2. Thou shalt not buy a car, truck or van (or you may be
living in it)! This will increase your debt to income ratio.
3. Thou shalt not use charge cards excessively or let your
accounts fall behind. This shows poor money management and an … (1 comments)

Real Estate Professionals Arrested in Mortgage Fraud Scheme - 06/14/09 07:30 AM
I had to re-blog this because of it's educational value! So many Innocent people have been hurt. Most people can not even contemplate a scheme like this. Hopefully someone, somewhere will read this and be better prepared should a situation like this occur.
Via Jason Rose (123 ConEd LLC -- online real estate continuing education):
Here is another example of a recent legal case involving mortgage fraud. I try to post case summaries in order to provide timely updates to real estate professionals on important issues.
On June 3, 2009, five people were arrested for their roles in a mortgage fraud scheme in … (0 comments)

 

Perky Hammer

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