Real estate fraud is any false statement made on a loan application, real estate document, real property presentation or other misleading information intended to defraud another party. Some victims of real estate fraud are eligible for legal protection and possible civil litigation remedies. Those committing real estate fraud can be criminal charged or be the target of lawsuits.
Victims of real estate fraud can lose large investments, assume others debt unknowingly, be held liable for other parties fraud or receive higher payment amounts than presented. Real estate fraud can result in lost wealth, property foreclosure, bankruptcy and damaged credit ratings.
Some real estate fraud schemes are:
Victims of real estate fraud can end up losing their homes or come close to bankruptcy since they are unable to pay the high interest rates on their mortgages.
Real estate fraud lawyers represent those people who were taken advantage of. Attorneys help victims of real estate fraud get back the financial damages they have suffered as a result of fraud. They help victims file a real estate fraud lawsuit and take care of the complications that come up while determining if fraud has occurred.
If you fell victim to real estate fraud and have suffered monetary loss, Attorney Search Network can help you find a real estate fraud lawyer who will assist you in getting settlement. If you have any questions about the information provided above, please contact Attorney Search Network. Call (800) 215-1190 or fill out our online form for a free Lawyer Referral to a Real Property Attorney with Real Estate Fraud experience.
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