BUILDER MORTGAGE FRAUD pt. 1
Jun 13th, 2008 | By
Kendall Trotter) | Category: Las Vegas Real Estate News, Las Vegas Real Estate Video
After watching this video on Las Vegas Builder fraud (Although I’m sure it happened across the nation) you will be saying, ARE YOU SERIOUS!!!??? Another incredible video in a series of videos produces by local Top Agents Kendall Trotter & Steve Hawks. A MUST SEE!!! Wonderful information FOR EVERYONE.
Las Vegas real estate agents and consumer advocates Kendall trotter and Steve Hawks discuss questionable transactions that new home builders were facilitating to move homes with a former insider and builder employee Dana Ellis. Ms Ellis brings to light shocking hidden addendum’s from lenders, paying off peoples credit cards , buying them cars, paying huge sums of money to contractors who would in turn funnel it back to the buyers. Homes prices being inflated by hundreds of thousands of dollars. Did this fraudulent inflation of prices lead to the skyrocketing rise in home values and the eventual crash? Watch this episode of Las Vegas Real Estate Update and you decide!
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