LAS VEGAS REAL ESTATE UPDATE-BUILDER MORTGAGE FRAUD Pt. 1

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Las Vegas real estate agents and consumer advocates Kendall Trotter and Steve Hawks discuss questionable transactions that new home builders were facilitating to move homes with a former insider and builder employee Dana Ellis. Ms. Ellis brings to light shocking hidden addendums from lenders, paying off peoples credit cards , buying them cars, paying huge sums of money to contractors who would in turn funnel it back to the buyers. Homes prices being inflated by hundreds of thousands of dollars. Did this fraudulent inflation of prices lead to the skyrocketing rise in home values and the eventual crash? Watch this episode of Las Vegas Real Estate Update and you decide!

Category: Education
Uploaded: June 13th, 2008 @ 8:35 am
Author: kendallsellslasvegas

Length: 08:39
Rating: Whole StarWhole StarWhole StarHalf Star
Views: 3,602

Tags: builder estate fraud hawks kendall las mortgage real realtor steve trotter vegas

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