He scammed that homeowner!

Wow, what a scam it's not new it's an old one.

Someone who sells a house to such a person is, frankly, scamming them.

He is a typical reflection of James Harris of Trump University scam look him up.

@David Dachtera I figured this would get around to the pay off your mortgage in 7 years scam.

It's a legit scam. 

Well, the next day I called my local Home Depot store, briefly summarized my experience, and was given another number to call which turned out to be a scam attempt as the person who answered the phone told me that, if I was over 50, I was the lucky winner of a personal safety monitoring device, then asked "Can you hear me?"  

It's going to harm you if it's a scam to steal a security deposit, and future google searches of that address reveal a (justifiably) upset victim of theft by "landlord" associated with said address. 

There are two articles:  Link 1 and Link 2 At least 200 families in El Paso might have fallen victims to a real estate scam by an unlicensed company that is buying and selling homes without clear liens, according to Texas RioGrande Legal Aid, which is representing at least seven affected families.Texas RioGrande Legal Aid claims that brothers Geoffrey and Thomas Schober, owners of El Paso Home Buyers, buy and sell houses fraudulently through “wraparound” mortgages, which means the original homeowner's name is never taken off the mortgage."

This is the equivalent to Nigerian prince email scams written in the same tone and with the same low ball requirements "must have a credit score above 400"