Apparently, several displaced people from the recent tornadoes have been hit by this scam.

I have educated many sellers that were being scammed.

If he's paying by check/money order they could be fake, I doubt it, but if you looking at possible scam it'd work.

No scam up front fees other then mandatory appraisal. 2.

I've been seeing a lot of offers to refinance at a rate of 2.5% for veterans, is this a scam or do any of you had a great experience with these offers? 

So many scams to seduce folks nowadays.

If this does turn out to be a scam of some sort, or even just a bad deal, then the borrower may well come after you.

Agreed give them a chance to own, since there payments will be lower once they qualify, also there are numerous reasons why credit falls and at time not of our own fault such as credit repair scams, but yes they do have to start doing credit counseling to manage long term

I prefer my letters - and therefore my name - not become associated with these guys as many of them read like scams (and many of them actually are).But the greatest finds, at least in my experience, have been from driving around with my eyes open.

The terms are often onerous, and it isn't news there are scams with startup lenders especially seeing how hot the market is across the US, it takes a certain level of sophistication to deal with these types.