If it walks like a scam and talks like a scam. . .

When a proposal walks or talks like a scam, it ain’t a duck.

It’s a scam.

And scams rear their ugly heads all too often in the world of real estate.

Mortgage fraud won’t surprise you as one kind of scam.  In the good old days when lenders were all too happy to provide liar loans, few were the self-employed individuals and their lenders who didn’t inflate income.

Then there are the real estate brokers, lenders and appraisers who conspire