Salt Lake City Real Estate - Fraud Update July 2007

  1. Viewed.mobi » Salt Lake Real Estate Fraud Update - July 2007

    […] Salt Lake Metropolitan Home Absorption Rates - June 2007 - The time it takes to sell a home in Salt Lake County continues to rise. Will home values begin to suffer?  » original newsSalt Lake Real Estate Fraud Update - July 2007 - Credit piggybacking and “built-in equity” scams are alive and well in Utah. How do you protect yourself?  » original newsPanama Real Estate Association Implements Real Estate Video Infrastructure For Their Website - The Panama Association of Real Estate Agents and Promoters (ACOBIR) has implemented real estate video infrastructure in Spanish, English, and Portuguese provided by the ForSaleByLocals network of websites. They are the first announced corporate beta partner that allows our spanish language website, bienesraicesvideo.com, to provide a corporate level of video infrastructure (including bandwidth) for showing property videos of ACOBIR members online in volume with a single line of HTML code.  » original newsFood For Fodder – 101 Real Estate Blog Topics - Real Estate Blogging Topics  » original newsAlzheimers And Real Estate - For the families going through the difficulty of the disease, the hours spent dealing with the system in place adds enormous stress to an already heartbreaking situation. It’s not necessary to go through the legal aspects if you get a durable power of attorney early enough in the progress of the disease. For anyone in this situation, my heart goes out to you. You’ll get through it, and have some surprises with your loved one that you never expected- I don’t recall ever laughing with Grandma as hard as I did during one of my last visits to her house. She was hilarious, despite the disease, and enjoyed roaring with laughter.  » original news […]

  2. Salt Lake Speaks » Blog Archive » FICO Stops Piggy-backing Fraud

    […] As we posted on our Salt Lake City Real Estate Fraud Report, one of the latest fraud schemes in the mortgage industry was for borrowers with low scores to rent or piggy-back on borrowers with excellent credit. All Mr. Poor Credit would have to do is get Mr. Perfect Credit to add him to one of his credit card accounts as an “authorized user”. Within weeks Mr. Poor Credit could see a jump in his score of up to 200 points and could easily qualify for a home mortgage he should not be able to get. This began to be a lucrative business for some cons charging over $1,000 per line of credit added to your credit score. […]

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