Heroic Investing
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housing market

10 Red Flags for Real Estate Scams

10 Red Flags for Real Estate Scams


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Real estate fraud takes many forms and targets all areas of the housing market, with an impact on investors, homeowners and renters all over the country. Because these schemes can be hard to spot, we’ll wrap up this week’s intermittent series on housing related fraud with a rundown of the Federal...

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Demand for Mortgage Relief Opens Doors to Scams

Demand for Mortgage Relief Opens Doors to Scams


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Real state scams often prey on the desperate, masquerading as legitimate companies working in various areas of the housing industry. Along with schemes such as the Nigerian money transfer, fake ownership and other obvious rip-offs, scammers are taking aim at investors and homeowners struggling to keep...

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Mortgage Lenders Try a New Image

Mortgage Lenders Try a New Image


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The nation’s big banks are trying to clean up their image, and Bank of America is leading the way. With a brand new ad campaign aimed at r3estoring trust and winning the hearts of new customers, BofA aims to shed the baggage of its dirty past and eradicate consumers’ image of the banking industry,...

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Stolen Listings and Zombies: More Real Estate Scams

Stolen Listings and Zombies: More Real Estate Scams


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If the Nigerian money transfer scheme weren’t enough, a variety of other real estate scams continue to circulate, trapping not just sellers, but also buyers and renters, too. The aftermath of the housing collapse created conditions ripe for scamming, as foreclosures spread, banks mishandled mortgages...

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The Nigerian Scam Targets Real Estate

The Nigerian Scam Targets Real Estate


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The Nigerian Internet scheme is so well known, it’s become a joke. But now, variations of that scam are targeting the housing market, snagging unwary home sellers and buyers with a mix of pathos and pressure on marketplace sites like Craigslist and eBay. Fraud specialists in large housing markets warn...

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The Banks Win a Round in LIBOR Cases

The Banks Win a Round in LIBOR Cases


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Score one for the big banks. Since the housing collapse, major US lenders have been under fire for a variety of fraudulent practices committed against mortgage holders, investing partners and event he federal government. With new settlements, legislation and lawsuits appearing on a seemingly regular...

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Big Banks Still Fight Fraud Charges

Big Banks Still Fight Fraud Charges


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The big players in the post- meltdown mortgage fraud scandal continue to behave badly in spite of settlements, suite and legislation. And as legal actions set in motion years ago work their way through the courts, the nation’s large mortgage lenders continue to fight allegations of fraud and duplicity...

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Women: the Hidden Rental Market

Women: the Hidden Rental Market


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A number of shifts in the US economic landscape over the past few years has created a surging market for rental housing, driving up both demand and rents in many areas around the country. Industry experts cite factors such as the housing collapse of 2008 along with shaky financial conditions as the primary...

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Can Demographic Shifts Create a Housing Crisis?

Can Demographic Shifts Create a Housing Crisis?


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As the US housing market struggles its way out of the last major housing collapse, some researchers are eyeing changing conditions in American culture that could be paving the way for the next great housing crisis,. These new concerns center on the looming sell-off of large suburban homes as owners retire...

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The Right Software Helps Manage Investments

The Right Software Helps Manage Investments


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Becoming an investing entrepreneur means wearing many hats. Even if an investor outsources aspects of the job to property managers, contractors or other assistants, the final decisions rest with that landlord/investor who’s now in the business of creating wealth. The essentials of managing rental real...

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