I heard of this today, and think this is worth repeating...
Realtor Magazine, is making aware of a fraud scam using fake documents.
U.S. Treasury has been made aware of this, this has taken place in Arizona and Colorado.
These people are apparently using 'personal promissory note' or 'private offset bond' to purchase properties.
for more go to:
http://www.treasurydirect.gov/instit/statreg/fraud/fraud_bogussightdraft.htm
This folks is why we use REALTORS.
I know for some folks buying or selling a home in this economy, may not be by choice but urgency.
Don't take selling a home lightly or think "I could just go it alone".
If you have come here, to active rain either by choice or accident.
REALTORS or other related associates that post here are the type that will go beyond the scope of the REALTOR name to take care of you, walking you thru every step of the real estate transaction.
As a REALTOR of Active Rain, Knowledge is key.
Choose a REALTOR today!
http://denisestuart.spaces.live.com
Denise Stuart
Coldwell Banker REALTOR
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