Asked by Scorpio, Louisville, KY • Mon Mar 1, 2010
I am in pre foreclosure stage. A "friend" of the mortgage holder signs a short sell contract for 35% under fair market value. Broker then advertises sale but answers inquiries with story that they already have an offer for a short sale. Sale takes place to "friend" who then places my house back on the market at 30% more than he paid me.
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