The Home Equity Theft Reporter: July 1, 2007

1) A property owner, wanting to borrow $600,000, conveyed a 50% interest in the equity in property to investors for $600,000. At the time, the value of the equity in the property was estimated at between $3.4 million and $4 million. Accordingly, the value of the 50% interest conveyed for $600,000 was somewhere between $1.7 million and $2 million.

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On March 20, 2017 in Tampa, Florida, Elise Ellis was sentenced to 18 months in prison and six months’ home detention for conspiracy to commit tax fraud and aggravated identity theft. On March 7, 2017, Ellis’ sons, Keith Godbolt and Paul Johnson were sentenced to 42 and 48 months in prison, respectively, for conspiracy to commit tax fraud and aggravated identity theft.

Residential property values fell from $21.5 trillion in 2007 to $19.1 trillion in 2008, a $2.4 trillion or 11.1-percent decrease. 4 US home prices were at their lowest levels since May 2004 due to.

ATTEMPTED BURGLARY – An attempt was made to pry open the rear door of a home with a screwdriver like tool in the 1100 block of Greenwood Avenue between May 1. july 28 from a garage in the 1100.

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America’s #1 online reverse mortgage. Learn what it is, if it’s right for you. arlo offers instant quotes, eligibility + invaluable loan advice. In my divorce 12yrs ago I got the house my ex got the endowment, it is an interest only mortgage which I have been paying. I have 4 children at home and work part time.

Home Equity Loans With loan amounts from $35,000 to $200,000, terms from 10 to 30 years, and no cash required at closing, a home equity loan from Discover is a simple way to consolidate debt, make home improvements, cover college costs, and pay for other major expenses.

For the second consecutive year, ParkeBank has been voted South Jersey Biz "Best of Biz" Readers’ Choice, Banking: Customer Service. In 2016 Parke Bank won the community banking award, making this the third year ParkeBank has won a "Best of Biz" award.