Home › Forums › Housing › Horror Story › Peter I know man… sad but
Peter I know man… sad but true… I have heard alot of stories like that.
Diego… yes fraud is running rampant. It seems pretty darn easy to “create” a relative, gift the downpayment money and presto the buyer gets the home.
I cannot tell you what percentage of people commit fraud but it would not surprise me at all if it is higher then ever.
I wouldn’t even raise an eyebrow if the government soon just becomes a direct lender. Isn’t that the next logical step?
