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D.R. Horton Offering 25% Off Some Phoenix Specs
From L’s daily batch of spam:
[That’s 25% off if you don’t want to bother with your calculator.]
Utah Warns- Consumers, Don’t Be Crooks
[Hat tip to Patrick for the link!]
How sad is this? When I saw Consumer Fraud Alert from the state of Utah, I thought it was just to warn consumers against fraud that might be perpetrated on them. I was wrong- in large part it’s a warning to consumers not to commit fraud. Here’s the text:
Ten Tips for Avoiding Mortgage Fraud
• DON’T provide false information about your employment, credit score, income, or whether you will occupy the home.
• DON’T use a false identity to get a loan for yourself or let someone use your identity (name, social security number or credit score) to get a loan for them.
• DON’T borrow more money in mortgage loans than you can afford to pay.
• DON’T sign blank or incomplete documents or documents you do not understand.
• DON’T expect to get “paid” for buying a home.
• DON’T conspire to sell your home at an artificially inflated value.
• DO be cautious about promises of “high rates of return” in real estate “investments”.
• DO read and keep copies of all documents you sign.
• DO ask questions and make sure you understand everything you sign.
• DO work with professionals who are licensed in good standing with the State.
