2006-10-05 07:52:57 · 7 answers · asked by TIMMY 2 in Business & Finance ➔ Renting & Real Estate
JUST SAW YOUR QUESTION BY CLICKING WRONG BUTTON :) MY NAME IS STUART AND I'VE BEEN A BANKER FOR QUITE A FEW YEARS. MY ETHICS AND WORK ETHIC ARE VERY GOOD, I HAVE JUST ME AND A 9 YR OLD SON W/ NO OTHER FAMILY...I'M TRYING TO SAY.. I TREAT PEOPLE THE I WANT TO BE TREATED!!!!!! AND THIS IS WHAT I IMPART TO MY SON.
THERE ARE MAJOR CONCERNS YOU SHOULD HAVE! IF YOU LIKE YOU CAN CALL ME AT 586 871-6625 AND I'LL GO OVER IT WITH YOU. THERE IS NO CHARGE, I WOULD WANT SOMEONE TO HELP ME IN SAME CIRCUMSTANCE.
I JUST HAD MAJOR CAR ACCIDENT SO I CAN'T WORK FOR A WHILE. I'M BOARD AND SAW YOUR QUESTION SO I HOPE I CAN HELP YOU OUT.
SINCERELY ,
STUART P.
2006-10-05 08:08:08 · answer #1 · answered by Stuart P 1 · 0⤊ 1⤋
Yes, you can get in trouble. BUT - you can make arangements where the SELLER of the house pays for your downpayment. Don't misunderstand your mortgage broker if this is the case. I bought a house with this arangement and it was perfectly legit.
2006-10-05 14:56:48 · answer #2 · answered by buckeyegrrl 1 · 0⤊ 0⤋
Maybe loan fraud. Possibly a Federal crime.
If someone asks you to lie in a real estate transaction, it means they are up to no good, and might be dragging you into it.
2006-10-05 18:34:08 · answer #3 · answered by txrealestateagent 3 · 0⤊ 0⤋
If the broker wants you to lie about the mortgage application, they may have asked the seller or someone else to lie to you about the property.
Time for a new broker.
2006-10-05 14:56:02 · answer #4 · answered by Ralfcoder 7 · 0⤊ 0⤋
anything legit would be a gift of equity and you wouldnt be asking this question....to me it sounds all wrong...this is the most important transaction of your life and it doesnt sound like you are on the best start..there should be no lying...and if your are purschasing a house there should also be no money back.....if you would like to discuss please email me at becca9892003@yahoo.com..
2006-10-05 16:19:43 · answer #5 · answered by becca9892003 6 · 0⤊ 0⤋
If you are going to ask a question, actually make it a question and not a statement, Just an idea.
2006-10-05 14:55:30 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Don't do it.
2006-10-05 14:57:08 · answer #7 · answered by Anonymous · 0⤊ 0⤋