We interrupt the “What must be said and what Americans must understand” series for this report from a seasoned realtor in Michigan.
I was showing homes in Pontiac, MI. one afternoon recently and showed up at a home at the 4:00 pm time my appointment was scheduled for. After I woke up the homeowner, she let us in and then proceeded to tell my buyers and I that she has already entered into a contract to sell the home on a short-sale. (A short-sale is a sale where the banks accepts less money than is owed on the home).
After some chit-chat, she proceeded to tell us that she and her sister (who also lived in the area) were buying each other’s homes via the short-sale process. I mentioned to her that I thought relatives could not be involved in those transactions. She smiled and said “We have two different last names so no one knows the difference”.
She went on to tell us that each of them owed over 100k on their homes and were in the process of buying each other’s homes for about 10-15k cash. To top it off, they were each receiving $3,000 in government provided relocation assistance at the closing.
My buyers and I were amazed that she was outright admitting to fraud and yet, she continued. She began to tell us that the best part of her scheme was that because they currently were not working that they (both) are now receiving Section 8 Vouchers. I said I thought those were for renters and she said, “That’s the best part; me and my sister are going to be renting each other’s homes so we don’t even have to move, and Obama is going to give us each $800 a month to pay the rent!” She then picked up a picture she had framed of Obama and did a little happy dance around her living room and while she kissed the picture she was singing “Thank you Obama…. thank you Obama.”
So here is the bottom line… Both of these scammers got at least $80,000 in debt forgiven, $3,000 in cash for relocation (when in fact they did not relocate) and to boot, you and I will now be paying (through our taxes) $1,600.00 in rent for them each and every month…. perhaps forever!
Is it any wonder why so many people have decided that all they have to do is VOTE for the Democrats and they will be taken care of for life at the expense of the taxpayers? I would not be at all surprised if they are receiving food stamps and whatever other programs are available for anyone who is willing to lie to get assistance.
These women went from working and paying about $900 each in mortgage payments to staying home and getting paid $800 each per month to live in the same home they had been living in and all they had to do was lie on a few papers.