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Category: Business Strategies Current Grade: B Total Views: 1388 Member Comments: 1 |
Posted on: 06/14/2007 Posted by: bac524 Blog Points: 3826 View all blogs >> |
This link is to lawsuit Wasington state has file against Joe Kaiser. My understanding is this law suit could have some impact on Maryland and DC based on new laws there
www.atg.wa.gov
www.atg.wa.gov


I think what the investors were doing is alot different than most short sales or "foreclosure rescues". They were going after delinquent property tax homeowners with equity and getting the deed into there name. All along knowing there was equity and they could make a profit. What they did (on paper) was perfectly legal, but extremely unethical.
Thanks for the link - by the way its broken
Sean