Video duration: 437 seconds
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Pre-foreclosure Investor Buyout (PFIB) specialist John Michailidis was asked to give a video briefing for his friend and renowned short sale attorney Jeff Watson and his students. John talks about the federal indictment of two Connecticut real estate practitioners for allegedly scheming to defraud banks using bogus short sale transactions.
Why would the ... By: 1lonelyhmoobFl. on 03 Nov 11, 00:38:35 Why would the investor buy it from you when he can buy directly from the seller? If the investor knows that he can buy it directly from the seller and save a whole bunch of money. The investor would cancel the transaction with you and then go directly to the seller to buy it at a lower price. You're being? sneaky when you buy it from the seller and turn it around 5 minutes later. It should be illegal to buy it and sell it 5minutes later. Don't all the legal papers have to be recorded first.
"Awesomeness ... By: jmich07. on 22 Oct 09, 23:52:26 "Awesomeness Incarnate"! You my friend are Superfunkaliscios! Thanks for the "awesome" comment!?
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By: 1lonelyhmoobFl. on 03 Nov 11, 00:38:35
Why would the investor buy it from you when he can buy directly from the seller? If the investor knows that he can buy it directly from the seller and save a whole bunch of money. The investor would cancel the transaction with you and then go directly to the seller to buy it at a lower price. You're being? sneaky when you buy it from the seller and turn it around 5 minutes later. It should be illegal to buy it and sell it 5minutes later. Don't all the legal papers have to be recorded first.
By: jmich07. on 22 Oct 09, 23:52:26
"Awesomeness Incarnate"! You my friend are Superfunkaliscios! Thanks for the "awesome" comment!?