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Purchasing a home is like investing in a piece of your legacy. Unfortunately, this makes real estate a prime target for con artists. According to the FBI’s Internet Crime Report 2021, the losses ...
Real estate scams are nothing new. But as rents, home prices, and inflation remain high in today’s volatile housing market, some industry experts warn scams could be on the rise. Nationwide, in ...
As Wallace indicated, those unsolicited offers are likely coming from three options. 1. Scammers. If you’re getting a text message without a company associated with it — maybe from a random ...
Tom Vu. Information accurate as of 14 July 2014. Tuan Anh Vu ( Vietnamese: Vũ Tuấn Anh; born December 5, 1957), [1] better known as Tommy or Tom Vu, is a Vietnamese American poker player, real estate investor and speaker best remembered as an infomercial personality in the late 1980s and early 1990s.
Foreclosure rescue scheme. A foreclosure rescue scheme is a scam that targets those whose house is facing potential foreclosure. The scheme preys on desperate homeowners whose mortgages are in default by offering to prevent the foreclosure. [1] [2] There are various ways in which foreclosure rescue schemes work, causing different types of harm ...
Carleton H. Sheets (August 25, 1939 - January 25, 2020 [1]) was a prominent real estate investor and author who was notable for television infomercials which marketed real estate business learning materials. [2] Sheets appeared on numerous radio and television talk shows.
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3. Mortgage Fraud. This scam involves being misled or deceived about the terms of a mortgage. Predatory lenders might offer loans with extremely high-interest rates, hidden fees, or balloon payments.