It's fraud to omit that information.2.

I dunno guys....sending a stand-in could get labeled as 'fraud' if the SHTF later on.....Just something to think about.....

In many cases, the criminal quickly sold the home and took off with the money.Criminal investigators with the AGO say homeowners who live in their homes and carry a mortgage are less likely to experience deed fraud.

I would really like to avoid "Identity theft" or any other "who knows what". 

There are sooo many factors that make one strategy more efficient than others.Plans for the home (minor touches, "to the studs", make it glamorous), condition of the home, its price in comparison to comps in the area, credit score, personal goals and fears (big factor), plans for children such as college, terms of the sale, trust in your inspector and your team, your workload, your current medical health, your stress tolerance, tax benefits, your family's stress tolerance, area's growth, your trust in the seller's disclosure, offers on the table, current interest rates...you get the idea.2) One of the most beautiful formulas (besides Euler's Identity) is:Interest = P (Principal) x R( Annual Rate %) x N (Time Period).

When you knowingly hide the fact that you're breaking a loan covenant from a lender to induce them to keep taking payments on a lower interest rate loan...that's techinically mortgage fraud.

At @Jeff RabinowitzNo, the bank acts upon discovery of the breach, not the date it was committed, just as with fraud (and with fraud, any statute of limitation begins at the time of discovery, not the time of the act).

I forgot to take screen shots before reporting them as fraud but people sending messages saying they have clients or family needing a place to stay and to reach out to them at this # but the number is full of random numbers and symbols (e.g. 21!

Here is what I know so far.Duplex asking price is $335K...identical one next door owned by same owner just recently closed for the same and appraised fine.Rented at $1935 monthly total, rents are low and have room to go up.Listed with an agent.

Him, not his (former) lender.Sub2 and assumption are identical for tax purposes.