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Is This Legal?
#3
Another thought, I wonder if the "seller" is using an escrow company (of course not, it would cost more than the selling price) and I wonder who and how would pay the property tax and association dues (if applicable.) I think it's a great scam, he would give the buyer some fake ownership papers and once the lot is "sold" he would take out an equity loan on it and disappear!

Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185
This is what I think of the Kona Board of Realtors: http://www.nsm88.org/aboutus.html

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Messages In This Thread
Is This Legal? - by Scott_S - 12-28-2006, 02:41 AM
RE: Is This Legal? - by John S. Rabi - 12-28-2006, 04:38 AM
RE: Is This Legal? - by John S. Rabi - 01-02-2007, 10:08 AM
RE: Is This Legal? - by lizr - 01-05-2007, 07:14 AM
RE: Is This Legal? - by John S. Rabi - 01-05-2007, 08:44 AM

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