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The rent is unusually low and/or the property has great amenities. The listing has many spelling or grammar errors. The owner asks for payment before you tour the property or sign a lease.
A firm may offer to act as an agent to renegotiate the terms of a loan with the lender, in return for a fee. [4] The firms are unlikely to have any better negotiation power so the value of the fee may be disproportionate to the service received, the firm may be unable to negotiate any better terms or in the worst cases may not contact the ...
In an equity stripping scheme an investor buys the property from a homeowner facing foreclosure and agrees to lease the home to the homeowner who may remain in the home as a tenant. Often, these transactions take advantage of uninformed, low-income homeowners; because of the complexity of the transaction, victims are often unaware that they are ...
In law, fraud is an intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law or criminal law, or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. [1]
Despite new, more-secure booking systems and stern warnings against wiring money, a solution to rental fraud remains elusive. Travelers, take heed: Vacation rental fraud is still rampant Skip to ...
A recent report from AARP revealed that 141.5 million adults in the U.S., or 42%, have been victims of fraud. If your home is on the market for sale or you are buying a new house, you could be at...
Lawyers have contended in court that MERS has no legal right to initiate a foreclosure, because MERS does not own the loans in question. U.S. lending laws state that only the owner of a loan can initiate a foreclosure. [21] [22] Class action law suits against MERS are pending in California, Nevada, and Arizona. State courts remain sharply ...
Sure, we've already discussed how to avoid a Craiglist rental scam. But there are even less obvious ones to be concerned about. You know the ones -- they don't immediately send chills, but seem ...