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lease option scams: Would I do it again? I seriously doubt it, but you never know! - 10/16/08 06:49 AM
I met this person that was scammed by someone in to buying a property to lease option to someone else. The person that sold to him convinced him to use his good credit, buy the home, and then sell it for a profit to someone with less than desirable credit that had picked the home they wanted to buy.
But, here was the problem, the home had a false appraisal done on it and the appraiser did an appraisal on this home for $15,000 more than he was buying for. The seller gave the $15,000 to the con artist, and told … (6 comments)

 
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