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Real Estate & Property Law

: The Home Equity Theft Reporter

Role Played By Unlicensed "Broker" In Foreclosure Rescue Ripoff Violated State R/E License Law, Enough To Sink Sale Leaseback, Says C. Fla. Civil Jury

By r morris

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In Sarasota, Florida, the St. Petersburg Times reports:In 2005, Thomas Cook told 68-year-old Yolanda Rodriguez that the St. Petersburg company he worked for could help save her home from foreclosure. Instead, Garco Inc. got the deed to the house, and Rodriguez, who was evicted, lost as much as $200,000 in equity.(1) But on Thursday, a Sarasota County jury found that the transaction that cost

Full post as published by The Home Equity Theft Reporter on February 15, 2010 (boomark / email).

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