Beware of any situation where:
a) A Buyer offers you more than you are asking for your home, on the condition that you kick back the extra money,
b) The appraisal for your home seems to be inflated,
c) The seller contribution you are willing to give does not appear on the HUD statement you are given to sign.
All of the above are flags that indicate that there will probably be fraud committed against the Lender (Bank).
Additionally, the inflated prices will cause county assessments to increase, with the consequence of higher property taxes.
IT HURTS ALL HOMEOWNERS !!!
Should you or any of your family or friends find yourselves in this situation contact immediately the MDPD Economic Crimes Bureau at phone "305-994-1090" for help.
