in order for it to be legal, the title has to transfer

来源: tank 于 2009-02-06 10:04:22 [] [旧帖] [给我悄悄话] 阅读数 : 0 (270 bytes)
回答: he short sell his property then buy it back? 由 tank 于 2009-02-05 16:47:29

then what gives? private investor took over the house @ 65% of market value subject to bank approval. Then your friend walks away. And 12% interest is based on what collateral? Private investor holds that house for yr then resell it? It's a scam, or at best, nonsense.

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