I told him that there will be no money changing hands until closing and that this seems to be a scam.

Is this stuff a scam?

However, there is no equity with the numbers you stated so you would be putting up thousands of dollars to take over payments on an underwater property which you could never resell..2) Most Gov agencies warn sellers that anyone asking them to sign over title is a scam.

Is it some kind of scam?

There are all types of scams out there just tell him you will report him and watch him run for the hills of the Ozark.

I personally have my reservations about Fortune Builders (seems like a marketing scam to sell expensive courses), which led to me one of the forums here at BP.

The worst thing about zillow is that i can claim YOUR ad as mine and scam would-be buyers or renters.

I think maybe I've seen too many paper scams.

I'd say beware of scams or at least unknowing sellers.

So many great tips on starting out; I have a quick credibility question myself;I'm currently working on a potential seller who's worried about being scammed.