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: The Home Equity Theft Reporter

Owners Desperate To Rent Out Their Homes The Target Of Overseas "Cash Back" Rent Scams

By r morris

In Nashville, Tennessee, WSMV-TV Channel 4 reports: Police said they have seen an increase in scammers hoping to make money from desperate property owners during the current recession. Many people are looking for renters to help them make their mortgages and avoid foreclosure, but that is putting them in a vulnerable position to be bilked.For more on a story of a homeowner desperate to rent out

Full post as published by The Home Equity Theft Reporter on January 22, 2009 (boomark / email).