I purchased the property, sent the letters to the State to add to their database and got a call back that the inspector was a fraud and the letters were worthless.

Basically rampant mortgage fraud creates mini bubbles that immediately pop.

You can also call the HUD fraud hotline.

It would be fraud, and yes it is done every day, and yes it would be easy for anyone to verify the events later.

It seems to me that they are fishing for identity information.

I just don't try things that could be interpreted as bank fraud under any circumstances.In open competition on the market where other investors have a shot at it, this type of property would get bid up (and away from me) in my market.

,Most banks want you to have skin in the deal, and most will ask you is the down payment borrowed money, and you don't want to lie that is consider mortgage fraud.

, which are almost identical to bitcoins, are now accepted at a Subway in Pennsylvania, by lawyers, at art auctions and even by a barber.

Contact DA, maybe some sort of criminal charges can be filed for fraud?

HUD has fraud hotlines that maybe the investor who loses out to you doing this may use.