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Previous Previous post: The home equity theft Reporter: florida cops arrest alleged Ringleader In Mortgage Scam That Duped "Rent To Own" Tenants, Straw Buyers, Lenders
Jack Camp, Senior Federal Judge, Arrested On Drug, Gun Charges appointed to the bench by Ronald Reagan in 1987. He is a former chief judge for the Northern District of Georgia. charges after an exotic dancer at an atlanta strip club told authorities he used cocaine, marijuana and other illegal drugs with her.
Beware of a rent to own scam. Such scams are growing in popularity and they are designed to steal your money. The concept of rent to own is a great idea, especially if you’re trying to be a homeowner again after foreclosure.
In a rent-to-own, the buyer agrees to pay market rent for the house as well as a premium or an "option fee." Lenders will not rewrite mortgages if the homeowner offers a rent-to-own contract. In some situations, a rent-to-own contract may allow the tenant to make mortgage payments in lieu of rent.
Lender frauds seek to take advantage of the bank, credit union, mortgage. Other scams may target real estate investors or simply seek to skim money out of. The straw buyer is a person who applies for a mortgage and makes a home. In one, a scammer uses a straw buyer to purchase a property, then rents it out to an.
mortgage Get a mortgage or refinance your home with Chase. See today’s mortgage rates, figure out what you can afford with our mortgage calculator before applying for a mortgage. Home Equity Line of Credit. You might be able to use a portion of your home’s value to spruce.
The alleged ringleader of the scheme, Carolyn Towns, previously served as the cemetery’s manager. Neighbors and friends expressed the requisite shock and disbelief that she could be involved in.
The alleged abuse happened when Miller, who was a counselor there from 1989 to 1992, took the children away from the camp on unsanctioned trips, authorities said. cialis pas cher marseille â The funny thing is (Timmons) wanted to act like it was the right call.
· That means millions more mortgage defaults are dead ahead no matter what Congress does. Millions more repossessed homes will flood onto the market and homeowners will suffer even more dramatic losses of home equity as the glut of unsold properties.
Looking for advice surrounding the rent-to-own process, contracts or steps you should take? Check out our advice articles which will answer all of your questions and familiarize you with the process.