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FIB - Scams 101 - Ye Olde Archives
Posted By: lolita echshaw In Response To: Re: National Capital Funding Group (Bill Cornelius)
Friday, 10 December 2004, at 6:10 p.m.
> What is all the fuss about? So, you pay $89 to get software that walks you through the process to do the job; you get it back, with your first check!!
The cd given almost does the job for you.
> I receive offers from time to time from NCFG representatives offering to
> buy mortages. From what I see, the company recruits representatives to
> search courthouse documents to find mortgages held by individuals. Then
> they offer to buy the mortages for a lump sum from the holder. From the
> standpoint of the mortgage holder, I must say that I have not found the
> offers to be substantial enough therefore I haven't sold any mortages to
> NCFG. That isn't to say that you couldn't find motivated sellers who would
> accept the offer.
> If you want to work in this field, I suggest searching locally to find
> buyers who would be willing to work with prospective sellers you bring to
> them. That way there is no need for any fancy software, just legwork.