Real estate scams on the rise

by loanman | January 11, 2007 at 09:33 am
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With any hot market comes the leaches that will attach themselves to anything that is left unprotected. The real estate market is no different. The past 5 years has attracted so many new agents and loan officers riding the wave that industry ethics and the qualifications of these individuals has hit an all time low. As a result, the con artists that know how to capitalize on sloppy agent work and unsuspecting homeowners are making a killing. With the slowdown and the pressure to keep up these numbers are only on the rise.

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