Home Buyers: Beware of "Flipping" Scams


Subject:
Housing , Consumer Research & Advocacy , Buying & Selling , Real Estate , Home Buying & Financing

Description:
This brochure alerts potential home buyers how to watch for house "flipping" scams in which "a flipper buys a house cheap and then sells to it an unsuspecting buyer for a price that far exceeds its real value." The flipper entices the buyer into purchasing by promising to arrange a home loan. Includes a list of questions to ask the seller. Opens directly into a PDF document. From the Maryland Office of the Attorney General.

Publisher:
Maryland Office of the Attorney General

Language:
English

Source:
http://www.oag.state.md.us/Consumer/flipbrochure.pdf


PID= res:lii-21162