Doing so under those circumstances carried criminal penalties.Another aspect of filing a bogus mortgage is imputed interest rates for the holder if they are too low or interest income and if not recognized becomes a tax evaision issue.Lastly, if you use a deed of trust, with a grantor, grantee and trustee where the provisions of the trust and obligation are made between related parties or the same entity, it may be easily established that the filing was done for some other purpose other than that recited in those instruments and found to be a sham transaction.

I reviewed her contract and found that she had not violated a single aspect of the contract, though the Fannie represenative claimed she had violated one of the terms.Obviously, Fannie Mae turned around and sold the house to another person.

Jeff, some of the others here can talk about the RE aspect of it, but the valuation should be done as follows:1.

Browse through the vast articles on the sight, concentrate on specific aspect that interest you and then ask specific question.

Even still understand the risks involved by thoroughly doing your homework regarding every aspect of the deal, as you'll want to minimize the risk as much as possible (and there's ALWAYS risk in any investment).

Hi Steve, here are few general tips, hope you find it helpful.Planning and preparation are two essential aspects before considering home inspection.

on a side poker note: I'm reading Doyle Brunson's new autobiography (Godfather of Poker) .... good read, guy has lived a truly remarkable life.

The big thing to remember about landlord policies is that they normally won't pay out anything on a property that has been vacant for more than 90 days.A builder's risk policy will protect you during the rehab/construction aspects of the project.

Another aspect of your ebook is that you will need to produce the sales from a list.

Not really concerned about my lack of real estate experience, as learning about the various aspects of real estate comes along with learning about notes.