Clever as a mobster lending you a thousand dollars and wanting $10,000 in return if you try to pay them off early or they will break your kneecaps.
You can't just pay these people off without being held ransom. They don't make it clear that an early payoff will cost you 10x, nor do they make it clear that a lien will be filed. Sales tactics preying on the elderly and deceptive to those who don't speak English as a first language.
You can put just about anything in a contract. Doesn't mean it isn't usurious or deceptive. Those two alone make it illegal and thus a scam. They give legitimate brokers a bad name. |
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 |