Fraudulent Short Sales Hurt East Boston Property Values

This morning I saw a pretty good post.

Fraud can sadly sometimes come into play in a short sale transaction. In an ideal world, a seller will list a property at a “fair market price” and bring in as many buyers as possible to obtain the highest price on the property before asking a bank to accept a “short sale.” But agents and sellers sometimes discourage buyers from seeing their properties….

For the full story click here.

Discussion Area - Leave a Comment

You must be logged in to post a comment.