Thursday, July 29th, 2010

Scams to Avoid in Real Estate: 5

October 22, 2009 by Heather  
Filed under Real Estate

Another scam involves home equity flipping. Here, a lender will instead encourage you to refinance your loans again and again, claiming that the rates will be better every time you refinance. However, interest and other fees will prove to be the nails in your coffin, and they will occur with every new loan. [...]

Scams to Avoid in Real Estate: 4

October 21, 2009 by Heather  
Filed under Real Estate

Title fraud is another prevalent scam. It involves identity theft, to a degree, in that the schemer behind the scam will steal the identity of a home owner, which allows him or her to get the title for the home. They may draw a mortgage against the property, or worse. This is [...]