I believe this may be the first I have ever heard of this type of agreement. I have been doing loan signings for 23 years and at least I don't ever remember doing one of these. It says it is not a loan. I read a little about it. Are any of you familiar with this type of agreement? I am just curious and no I don't feel like reading the entire thing. LOL. She did get money out and it appears as though she is agreeing to pay them any increase in value of her home in the future if she sells? |
Messages in this Thread |
| Forward Sale and Exchange Agreement. - Susan/CA on 5/29/23 1:50pm |
| Re: Forward Sale and Exchange Agreement. - Stacey R. Martell on 5/29/23 2:43pm |
| Re: Forward Sale and Exchange Agmt.IT was NOT a 1031 exchang - Susan/CA on 5/29/23 3:10pm |
| Re: Forward Sale and Exchange Agreement. - JanetK_CA on 5/29/23 3:36pm |
| Is this what you're referring to, JanetK? - Yoli/CA on 5/29/23 3:53pm |
| Yes! Once again you're top search warrior on this site! :>D - JanetK_CA on 5/29/23 4:16pm |
| Re: Forward Sale and Exchange Agreement. - Doris_CO on 5/29/23 4:17pm |
| Doris..my first thought too n/m - Linda_H/FL on 5/29/23 10:31pm |
| Re: Forward Sale and Exchange Agreement. - Bear900/CA on 5/29/23 10:59pm |
| Re: Forward Sale and Exchange Agreement. - JanetK_CA on 5/30/23 2:42am |
| Off Topic: MV Realty not a scam, imho - Lee/AR on 5/30/23 8:33am |
| I hope they go to jail! - Bear900/CA on 5/30/23 9:55am |
| Thanks for add'l info! Yep, now agree, SCAM - Lee/AR on 5/30/23 11:40am |
| Sad, 3 Attorneys General after them - Bear900/CA on 5/30/23 12:43pm |
| Yep. OOB long before 40 years has gone by. - Lee/AR on 5/30/23 2:08pm |
| Re: Yep. OOB long before 40 years has gone by. - JerryhFL on 5/30/23 6:20pm |
| People need to read - PaigeTurner on 6/3/23 2:29pm |
| Not a scam, just predators relying on ignorance - PaigeTurner on 6/2/23 3:47pm |
| Re: Not a scam, just predators relying on ignorance - JanetK_CA on 6/2/23 4:54pm |
| NOT A SCAM - PaigeTurner on 6/3/23 2:23pm |
| Re: NOT A SCAM - JanetK_CA on 6/3/23 5:50pm |
| Re: NOT A SCAM - PaigeTurner on 6/5/23 7:29am |
| If not a scam, then perhaps "predatory" is a better term n/m - Yoli/CA on 6/5/23 8:58am |
| 100% agree with predatory n/m - PaigeTurner on 6/6/23 1:29pm |
| "It's legal here and not a scam. Signer beware" - Linda_H/FL on 6/5/23 10:18am |
| Re: "It - Yoli/CA on 6/5/23 11:04am |
| Those are the exceptions Yoli - Linda_H/FL on 6/5/23 11:16am |
| Re: Those are the exceptions Yoli - Yoli/CA on 6/5/23 2:09pm |
| This is a contract not a civil judgement - PaigeTurner on 6/6/23 1:28pm |
| Re: NOT A SCAM - James Powell on 6/5/23 2:30pm |
| You don't know SCAM if it bit you - Bear900/CA on 6/7/23 2:42am |
| THANK YOU!!! n/m - JanetK_CA on 6/9/23 7:32pm |
| Re: Forward Sale and Exchange Agreement. - Susan/CA on 5/30/23 6:30pm |
| Re: Forward Sale and Exchange Agreement. - Bear900/CA on 5/31/23 1:55am |
| Thanks, Harv. Waaay over my head. - Lee/AR on 5/31/23 3:32am |
| Re: Thanks, Harv. Waaay over my head. - Susan/CA on 5/31/23 10:41am |