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Real Estate & Property Law

: The Home Equity Theft Reporter

Sale Leaseback Scam Warnings Continue As Desperate Borrowers Will Do Anything To Save Homes From Foreclosure

By r morris

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Buried in a recent story in the Sarasota Herald Tribune is this warning on sale leaseback foreclosure rescue scams:"Rent-buyback" schemes are proliferating, the Federal Trade Commission recently warned, because so many homeowners are behind on their payments and are willing to do anything to save their homes from foreclosure. In a typical scam, the con artist offers to take title to the property

Full post as published by The Home Equity Theft Reporter on June 20, 2010 (boomark / email).

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