Landbanking Scams have been around for many years, but the recession has led to a rejuvenation in their nefarious ways. Sky News does a report on one such company.
On December 20th 2011 well known sports personality manager Andrew ‘Chubby’ Chandler resigned as a director of WSI, in what was a crucial blow to the company’s business model.
A Detroit property listed for sale by a UK company for US$44,000 looks a bargain, until you find it listed for US$8,500 on the US MLS system. Be very careful with US Foreclosures – all is not as it seems.