I am working with several short sale listing clients and more than one has been approached by a potential scammer. Homeowners who have been served a Lis Pendens (foreclosure lawsuit) should know that this action is recorded in the public records. This is how the scammer finds out about your situation.The types of scams are endless, but here's one example:1. The Bradenton, Florida homeowner has owned the home for several years, but has recently faced a financial setback and is fearing foreclosure.2. Investor/Scammer says he will pay off the mortgage, cover all the closing costs, and give the Bradenton homeowner $15,000 in cash, in return for a quit-claim deed.3. Investor/Scammer "generously" allows the Bradenton homeowner to stay in the house, but collects a much higher than usual rent,...
Comments
17