The Problem: Mortgage and real estate fraud is becoming the most profitable of all organized criminal acts. The real estate business is a web of inter-dependent parties including the buyers, sellers, mortgage brokers, banks, appraisers, housing inspectors and real estate agents. A combination of two to four of these parties conspiring to "fudge and flip" a transaction can result in hundreds and thousands of dollars lost to all parties not involved in the scam. In one scam alone, 51 homes together valued at $300 million were discovered. Once the scam is realized, the finger pointing begins between the scam artists.

The Solution: Prevent this from happening under your watch. Become informed. Know your options and what to look for. There are often tell-tale signals, red flags that pop up from the very beginning of most transactions. Upon understanding the nature of the crime, a professional will be able to pro-actively protect themselves and their clients.

SafetyMinute Seminars, P.O. Box 15145, Boston, MA 02215