I`ve found a few articles:
http://www.searchlightcrusade.net/2006/10/...uyer-fraud.html
http://www.dfwrealtors.com/fraud/Straw%20Buyers.htm
Definitely don`t want my neck on the line for a mortgage of a property that I have no intention of living in. Plus, I don`t want to get involved in...
How would this be deemed mortgage fraud?
Sorry if I sound like a total nOOb. I am. I`m currently talking to some smart people and reading books and reading online forums trying to find out as much information as I can but I would like to understand this situation completely.
I can imagine a few...
I`ve been given some information from a friend of mine, whom got her business partner to call me and we chatted last night for a bit about an opportunity.
Basically, he`s working with an investor in Calgary who is looking into buying 60 new condo units but due to the amount of mortgages one can...