There's a lot of scams out there and there seem to be more these days targeting overseas buyers and investors.

The other 50% of the reviews cried out about how they had been taken by this loan mod company for thousands of dollars and that the whole thing was a total scam.

That would have been my first hint they were a scam.

Wow I never heard of that scam before however I do have an understanding of land trust.

This was because agents were scamming little old ladies out of millions of dollars.

The borrower is a corporate entity.There is also a lot of scams on the Internet concerning MTNs.

Most loan mod companies are frauds and scams designed to seperate the uneducated and mostly desperate howmeowner from another few months of their mortgage payments.

"Most of them, if not all of them, have lost their homes," Montgomery County Assistant State's Attorney Robert Hill said in court Tuesday as McLeod admitted scamming the homeowners.

IMO, most bandit signs represent scams or ameteurs so it's hard for me to stick with it.

Houston seems to be doing well after all the dust settles with this huge FBI thing that just happend...They arrested some 38 people that were all working a real estate scam operation down here..its a huge mess right now as far as forclosures go...