Mortgage Fraud and Real Estate Fraud. Min Jin Zhao, a/k/a Michael Zhao, a/k/a Michael West, 56, San Francisco, California, a real estate agent has been indicted on charges of wire fraud, mail fraud, and money laundering.. According to the indictment filed May 9, 2019, and unsealed today, Zhao, defrauded his clients out of down payments meant for the purchase of homes in and around the Bay Area.
· From Birch Gold Group. Real estate is the number one form of wealth for most people. However, as the last housing bubble and ensuing recession have shown, real estate is not always a safe investment. In 2006, housing prices peaked before falling to new lows in.
For market value, a homeowner or buyer may be. if you’re planning to remain in your home for 10 years or more, even the most on-trend master bathroom or living room can look completely dated when.
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· Homebuyers were waiting for the Los Angeles real estate market to crash, but no such luck so far in 2019. Although sales have dropped, prices throughout LA county have stayed stable. The forecast looks better for this year however. See the latest.
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· Mortgage pre-approvals are a more substantive. To all the parties involved in a real estate transaction, a pre-approval mortgage letter is considered the minimum level of qualification a home shopper should have. The reason this level matters is that a borrower’s credit and income are verified. For pre-approval, verification starts with: