Yes. I now have a very specific paper trail.
The senior service provided a copy of an appraisal for $35,000.00 dated in December.
The deed into the straw buyer for $33,000.00 was signed n January and recorded in February.
The appraiser loaned the straw buyer $33675.39 in January. A mortgage was recorded with a mortgagor name that doesn't really match the straw buyer deed but was intended to secure the debt. I don't know if the bad name was a ruse to throw off the paper trail or simply just bad work.
A deed was executed in March from the straw buyer to the appraiser for $46700.00. It was held by an attorney and only recorded last week pending our proposed closing.
The appraiser intends to sell the property to the new buyers for $127000.00.
The appraiser is threatening my staff. Says if we don't remove the flip alerts from the title he will tell his agents to stop using our title agency.
I reported the incident to our real estate commission on line yesterday and will discuss it with the FBI this morning. Let the chips fall where they may. I will not stand by and watch a thug steal. There is no difference between this and looking out your window at an old lady being mugged. It's just not right.