Sunday, September 23, 2007

Real Estate Fraud Investigations Increase

Real Estate Fraud Investigations Increase: "“Property Flipping” — A buyer pays a low price for property, then resells it quickly for a much higher price. While this may be legal, when it involves false statements to the lender, it is not.“Property Flipping” — A buyer pays a low price for property, then resells it quickly for a much higher price. While this may be legal, when it involves false statements to the lender, it is not."