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Real Estate & Property Law

: The Home Equity Theft Reporter

Arizona AG Squeezes Duo For $120K Settlement In Civil Suit Alleging Flipping Racket Combining Use Of Straw Buyer Investors, "Rent-To-Own" Homebuyers

By r morris

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In Pima County, Arizona, the Arizona Daily Star reports:Two Tucson real estate agents and their affiliated companies agreed to a $120,000 settlement for their role in a deal that state prosecutors say deceived novice investors, lenders and unqualified home buyers.(1)***The Attorney General's Office alleged that [Andrew] Silverstein, when he was a real estate agent with Re/Max All Executives, told

Full post as published by The Home Equity Theft Reporter on March 19, 2010 (boomark / email).

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