Monday, May 19, 2008

Sniffing Out Fraud



For some reason this last week I got another call that was fraud.

Most of the times you can sniff it out using common sense. But other times during the review process you have to dig a bit deeper. In this case, the MLS was tainted. Fraudulent information was put into the MLS and then used as a comp for a deal. Pretty sneaky. So be careful and if it sounds too good to be true, it probably is too good to be true.

You can always run deals by me . I'll do my normal 'sniffing' around and give you honest feedback.

Daniel Mauer - 801-278-6600

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