Friday, January 18, 2008
Short sale and fraud
I'm doing a short sale today where this lady somehow got 4 2nd mortgages on her property. She wants to avoid any criminal "fraud" prosecutions. I am introducing her to an attorney who can help her out. With the attorney's approval, I am thinking we can negotiate with each lender and ask if we can give them a settlement for indemnification. We'll see how it goes.
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