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Swindled on Contract for Deed

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Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
http://www.nwanews.com/adg/national/226201/

A bunch of folks have been swindled in a land fraud. Arkansas was slow on the uptake & the perpetrator is selling Real Estate in Mexico now.

I recall looking at a land deed once and in the fine print, it make the statement that the deed was encumbered by a mortgage held by a Chicago Bank on the whole resort. I wouldn't buy into one of those "resort" land scams for luv ner mony...
 
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