You may have read about it on your newspapers sports page. Here in Phoenix the Diamondbacks baseball club hired a new manager. A reporter did what the club management did not... he checked the new guys back- ground. What he found and printed was not pretty, so the club fired the guy before he even signed a contract.
Shame on the Diamondbacks and a good reminder for all of us. Any time you are going to do a deal with someone take a little time and check them out.
Its cheap and easy if you use this resource...
http://digbig.com/4bydm
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A PREDICTION!
The real estate TV gurus are flooding the country with enthusiastic if under educated "investors". These folks lust for quick riches... their greed glands are pulsating.
Scam artists must be licking their chops. We predict a time proven old chestnut will soon be in the news again. Its easy and it works like this...
The scam artist rents a house. He immediately creates some fake deeds showing his phony name as owner. He runs some "for sale" ads in the classified...
"Desperate Owner Must Sell This Week". He gets a number of "investor" calls. He schedules them an hour or two apart and sells the home to each one getting whatever cash he can from each.
What a great scam! Travel from city to city working one day a month and make big money... with no income tax!
Advice...even when doing a kitchen table close you must do some checking. Even with a deal that must be done quickly you can check the names on the recorded deed for the property. Then demand to see a photo ID of the person claiming to be the owner. Does it match the name on the recorded document?
Here you can find an ounce of prevention...
http://digbig.com/4cank
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Thanks for your help!
Until next time - Go Forth and Prosper!
Mark Walters~
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About The Author...
Mark Walters is a third generation investor, author, speaker and publisher. He is the Webmaster of
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