Posted by mecredis 3 days ago
They didn't do anything with their land and doesn't have any plans for it for the foreseeable future. It's not like a snowblower that sits in your garage unused. It's land, a piece of planet. If you own it, you should use it for something. If you don't, return it back to people.
Like most people, I’ve had my identity stolen once or twice in my life.
Huh? It's not as common. I don't think I've been victim of it ever, unless it's way more common in some other countries?Much less on a property deal where identity and ownership are heavily scrutinized.
You could walk into a court house and submit paperwork for filing, that transfers the title - all without any kind of sale or verification. It happens.
But still the scammer would never see the earnest money, unless the buyer backed out outside of an option period for whatever reason. Presumably they wouldn't if the land is cheap, and they've agreed to pay cash and put earnest money down.
>"7. If they get farther they’ll pocket the earnest money deposit which would have been significant in my case."