Our latest edition of homeowner jeopardy comes to us from a licensed, seemingly legitimate real estate brokerage that is offering to pay homeowners a sum of money, ranging from a few hundred to a few thousand dollars, for the exclusive right to sell the home at some point in the future. The problem? These 40 year memorandums are being recorded as liens against the homes and, in some cases, resulting in threats of legal action and possible foreclosure.
Wheel of Misfortune: 40 Year Listing Memos
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