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Tag >> Mortgage Fraud

FlippingWhen the words "flipping" and "fraud" are mentioned, my mind drifts off to visions of scandalous actions. However in reference to real estate some view the terms as being synonymous with one and other, I would like to point out what they actually are. "Flipping" is basically the idea behind buying something cheap, fixing it up so that it is nicer then it was when you originally bought it, and


So you've worked hard all your life, be responsible, do the right thing to advance in life, to build good credit, and provide a future for yourself and your family. Then one day you decide to take a big step to buy a home. You take your good credit to what "appears" to be real estate professionals that you think are going to help you. They promise you they will work hard for you in finding your


  

A compelling article from the FBI we would like to bring to your attention:

House under a magnifying glass
 

What do you get when you combine two popular rackets these days-identity theft and mortgage fraud? A totally new kind of crime: house stealing.

Here's how it generally works:

... The con artists start by picking out a house to steal-say, YOURS.
... Next, they assume your identity-getting a hold of your name and personal


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