Originally posted by Patrick Saco:I got this info from a book titled "Steps to financial Freedom through Real Estate Investinf"By [REMOVED]This appears to be an attempt at selling books and getting links, there is no author listed

I have a huge issue giving anyone authorization to deposit directly into my account.

I authorized her to call a plumber to check it out, and the plumber just came by today; it turns out that the entire tub drain assembly needed to be replaced.

Check with the appropriate municipal government authority to make sure.

This is definately a scam..need reporting to the FBI or UK authorities for further action!!!!

Is it uncommon for the seller to authorize (sign an APR) so the buyer can talk to the bank?

Keep Minutes of meetings authorizing members to act in major transactions, such as addressed in the OA.

Amber,Your whole post is irrelevant because you are saying THE SELLER is telling you what the bank said.If you believe the seller is relaying all correct info from the lender you are headed for a disaster.Get the ATR (authorization to release info form) signed by the seller and give ALL LIEN HOLDERS on title a copy.Now you have the ability to talk to the lender or servicer directly and get 100% of the information you need.

That is the only way to verify any income they have from the business, unless they have a CPA who can supply a certification of income (but the CPA probably did the tax returns anyway).Application isn't processed until it is "complete" - all needed paperwork in hand, and SIGNATURES on permission and authorization forms.

Most applications have this authorization on them.