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Attorney and Real Estate agent convicted o...

2015-02-14 15:33:49| Real Estate - Topix.net

PROSECUTORS ALLEGE DES MOINES AREA BANKS LOST $400,000 WHEN THE MEN BOUGHT 18 HOMES IN SHORT SALES AT PRICES THEY CLAIMED WERE FAIR MARKET VALUE THEN QUICKLY RESOLD THEM FOR MORE THAN THEY PAID. SHORT SELLS ARE HOMES ON WHICH THE OWNER OWES MORE THAN THE PROPERTY IS WORTH.

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