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Old 01-29-2008, 02:32 PM   #2
spence
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Join Date: Nov 2003
Location: RI
Posts: 21,464
Quote:
Originally Posted by Clammer View Post
they had/have >.mortgage brokers/ apprasiers & agents that were using different so.called buyers with 100% mortgages selling properties at 2 to 2.5 times what they were worth >>> money going back to the so called buyer .. thet never made a payment . just the 150000 K cash & screwed
The owner of the house next to my mother in law (Ft. Lauderdale) was indicted for doing this. They had made 10+Million working a racket with some other people in the business.

-spence
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