My agent says that the seller paid the same identical fee 1.2k to escrow as I did.

The buyer does then "own" all rights to the position in the contracts, even though their name(s) aren't listed on there as the buyer (they have the assignment docs & all the disclosures that prove their ownership).But what I recommend doing is having the attorney print out an additional set of docs (with identical terms) so the new buyer can sign that set with the seller directly (sometimes some utilities require the tenant buyer to show a lease between them & the seller directly).

And in cases of fraud, you may actually be able to collect an award for turning in such a situation.

Some banks won't even review an offer that has a re agent as a buyer too much fraud.

Once the lender identifies themselves and provides proof of identity by way of the mortgage, the insurance company will keep the lender on the mailing list at the same time as the borrower for policy renewal, etc.

Hud has master servicers for different regions of the country.They move their areas every few years to prevent internal fraud collusion.The listing broker can apply with HUD servicer and then they might or might not get approved.It depends on a ton of factors.The commission isn't great but you get VOLUME.

Send it back because they can be anal and call you a fraud if you cash it.

If you procure a new loan and then sell it to someone that is arguably bank fraud unless you disclose it to the bank.

Govt needs to be in markets to ensure theft, fraud, and other gross mismanagement does not occur.7.

Originally posted by Marius Paguzinskas:Hello,What happens if I take FHA loan for primary residence and then sell house after few months.Thank youYou get in trouble for mortgage fraud...