Long Island/NYC - A group of man is selling contracts of houses in foreclosure, they ask 10-20k to “hold” the deal and promise just in case If deal fell through they would give the money back, of course they can never close on the deal and 12months later you ask for the money back and they make excuses. I already found 1 person who bought a house in the same “address” as I bought. They are selling contracts to get money. Please if you were a victim too, contact me.
I have not heard of this scam before but it is something we should all be aware of.
Rule number 1, never give money to people/companies that ask for it “up front” or out of escrow....
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