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Home  <  Insurance / Mortgage Scams  ~  signing home equity over for a monthly %
Guest
Posted: Sat Oct 08, 2005 7:43 am Reply with quote
One of my coworkers wants me to sign over my equity in my home to him. He says he will pay me 1.5% a month for the "use" of my equity. He says he goes to a bank with the equity papers and gets a loan based on that note and buys property and flips it. Have you ever heard of this?
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Guest
Posted: Sun Oct 09, 2005 6:02 am Reply with quote
He's no friend.

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