AbstractorPro (Real Title Services)
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Comment on "JP Morgan Chase Halts Foreclosures" - Source of Title/OH (2 replies)
10/5/2010 12:57:57 PM (2978 views)

[+] FANNIE MAE LENDER ANNOUNCEMENT - CHARLENE  PERRY/MD (2 replies)
10/4/2010 7:45:16 PM (4620 views)

Global Data Source/Title Prep - Leigh Attridge/MA
10/4/2010 11:15:44 AM (3196 views)

[+] American Freedom Assurance aka AFA - GA Title Services/GA (3 replies)
10/4/2010 8:07:58 AM (5747 views)

APNewsBreak: BofA delays foreclosures in 23 states - Edouard LeLocle/SC
10/1/2010 7:14:28 PM (4310 views)


Real Title Services


[+] Diane Baker Abstracting a no pay - Joyce Harper/OH (3 replies)
10/1/2010 2:48:01 PM (4411 views)

[+] DISCLAIMER: Off-Topic Post...Read at Your Own Risk - Scott Perry/PA (48 replies)
10/1/2010 2:35:14 PM (5206 views)

[+] Altisource/REALTrans - elizabeth reddy/FL (7 replies)
9/30/2010 11:17:39 AM (8424 views)

[+] More evidence of fraud in Florida - CHARLENE  PERRY/MD (3 replies)
9/29/2010 8:34:53 PM (4682 views)

[+] Insuring out of foreclosure - CHARLENE  PERRY/MD (4 replies)
9/29/2010 8:11:32 PM (3087 views)

[+] JP Morgan Chase Halts Foreclosures - Slade Smith/OH (5 replies)
9/29/2010 4:34:34 PM (3835 views)

[+] Realty Data - mike skene/CA (5 replies)
9/29/2010 1:47:10 PM (3670 views)

[-] A scam, but I'm not sure how it works - Leigh Attridge/MA (3 replies)
9/28/2010 8:27:30 AM (3897 views)

Law firm is contacted by a broker who tells the supervising real estate attorney that an individual in Shanghai  is putting a deposit down on an expensive house in town (which was advertised in the local papers).  Man in Shanghai emails law firm & states that they will be receiving a deposit check of 150K drawn on the Bank of China from a Canadian law firm (hmm...).  Check arrives from Canada with a letter from a "lawyer" in the firm on what looks like letterhead stationary.  Subsequent emails & phone conversations with the Canadian firm show that 1) the firm does exist; 2) that the "attorney" at the firm does not exist; 3) that this is not the first time that this particular law firm has answered questions on this subject &; 4) the check, obviously, is no good. My question is how does the scam work?  Is this a variation on the deposit the check & then the Shanghai buyer changes his mind & wants the money wired to his bank for a refund or is there some other con going on here?  The only other thing I could think of would be that when the check was returned to the Bank of China that it would contain bank account information for the American bank (possibly hacking into the account???).   Just curious to see if anyone else has ever heard of this.  Now, also note that this particular law firm does do a fair amount of real estate conveyancing for wealthy overseas buyers & had, in fact, recently completed a valid transaction for a couple living in Singapore who had wired funds, etc etc. 

to post a reply: login - or - register


Re: A scam, but I'm not sure how it works - David Hoechster/NC
9/29/2010 10:23:18 PM (2746 views)
Re: A scam, but I'm not sure how it works - Slade Smith/OH
9/30/2010 1:51:59 AM (5679 views)
Re: A scam, but I'm not sure how it works - Leigh Attridge/MA
9/30/2010 9:01:20 AM (2535 views)

[+] Comment on "States Take Action Against GMAC/Ally, Other Banks May Soon Be in Hot Water" - Source of Title/OH (4 replies)
9/27/2010 3:53:56 PM (3171 views)

NYT Article- Raters Ignored Problems with Unsafe Loans - Leigh Attridge/MA
9/27/2010 9:35:36 AM (4096 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8917 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Unveiling the Costs: Why Commercial Title Searches Command a Premium
Security American's Blog
2024/04/17
0 comments

Protecting Your Home: The Ins and Outs of Deed Theft and How to Shield Yourself
Security American's Blog
2024/03/21
0 comments

Exploring the Implications of Eliminating Mandatory Title Insurance
Security American's Blog
2024/03/11
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

ALTA Applauds Introduction of HEIRS Act of 2024
Property passed down from generation to generation without formal wills or estate planning documents leaves families ope...
North Dakota Notaries Can Now Ditch the Desk! Secured Signing Brings Streamlined Online Notarization to the Peace Garden State
Imagine notarizing documents from the comfort of your couch, or while catching up on emails at your home office. For Nor...
Pending Home Sales Ascended 3.4% in March
"March's Pending Home Sales Index – at 78.2 – marks the best performance in a year, but it still remains in ...
New Nationwide Codes Mandate a Major Blow to Housing Affordability
“Without adequate review and consideration of how it will affect home buyers or renters, HUD and USDA have rammed ...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage rates continued to move higher last week, reaching their highest levels since late 2023 and putting a da...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.