Renters And Homeowners: Beware These Fraudulent Real Estate Scams ...

It involves a “buyer's representative” (non real estate agent) who wants to enter into an owner-finance transaction. The price of the house is raised by $120xxx to provide a “finder's fee” for the person who contacted us, we enter into ... We made an agreement that I would owner finance his buyer, and the difference between what I wanted for my home and what I sold my note for would be his referral fee. There was no risk involved because I didn't have to pay him unless I ...

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