Detecting Mortgage Fraud – Part 1
As a full-time real estate investor, we must be very cognizant of anything that can affect our business negatively. There are some nasty practices that sometimes happen in business. We at Canadian Wealth Builders suggest every deal you do is done ethically and with complete transparency. We always suggest each person you deal with is treated with respect and honesty. Sadly, not everyone has the same philosophy.
This article is designed to make you aware of a practice that is becoming more and more common. This is mortgage fraud. We must be able to detect some of the signs that mortgage fraud may be occurring in a deal that we are pursuing by perhaps a seller or a buyer in one of your deals.