I hope I never use it, and the reason most think insurance is waste or scam is because 99% won't use it.

Looks like it's some kind of scam.  

But seriously, he scammed you. 

In the same way, you shouldn't base your decision on an unverified criminal record that is more than 7 years old.Professional Tenants use their children to gain sympathy approvals from unsuspecting landlords. 

I plan on making an offer soon, but don't want to get duped in some scam.

Basically everyone here is ready to help investors from getting scammed, so just ask any specific questions you have and we will chime in.  

We were supposed to close on a house just before Thanksgiving. Fast forward to today and we are terminating our loan and escrow. It was a Homepath properties (foreclosure) that we were going to get a rehab loan on.We ...

I haven't done any business because terms.. and it seems like scams..

Saying you are in the "help" business is starting out with a perception problem of being a scam man.

I first heard about Bigger Pockets when I was reading about the unfortunate situation where a squatter scammed a San Francisco rental (Cory Tschogl in 2014) and while reading further as the story was breaking the news, I found a forum in Bigger Pockets where the forum community was helping her go through the process.