could be frand. Don't do it.

本帖于 2006-07-30 12:52:24 时间, 由版主 單身老貓 编辑

I work in mortgage bank. It could be a fraud case. And you are involved. Buyer don't have credit to get enough loan, so they take the money from you, if they can't flip the house to get profit, they could default the loan, leave the bank with a loss. So bank will take back the property, with inflated price. Bank could suit that guy, and you together, to get their money back.

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回复:could be frand. Don't do it. -心忧忧- 给 心忧忧 发送悄悄话 (1089 bytes) () 07/19/2006 postreply 20:22:57

risk in this transaction. -work_hard- 给 work_hard 发送悄悄话 (870 bytes) () 07/20/2006 postreply 11:43:53

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