Legal Question in Real Estate Law in Illinois
no money down
i sold a property for no money down .held a second mortage that i will not file.also said i recived .1000.00 erenst money that i didnt recive.is this sale against the law.
Asked on 10/29/06, 7:55 pm
1 Answer from Attorneys
Zedrick Braden III
Ainsworth & Associates PC
Re: no money down
Clearly you made statements that were not true,
and the sale presumably involved a federally
insured loan. In Illinois the Attorney General's
office is cracking down on people who make false
representations regarding real estate transactions. Yes, what you did is against
the law.
Answered on 10/29/06, 8:24 pm
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