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Old 03-10-2010, 03:15 PM   #75
amorak
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Join Date: Apr 2008
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Quote:
Originally Posted by pylon View Post
Not that it is entirely 'legal' and it may be too late to do now since the bank knows the terms... but you can, and I have seen it done in the past.... get the seller to front you 30k and you buy the house for 30k more. I have never personally done this, but know someone that has, it is do-able. You just have to make sure the money is filtered through a relative so the down payment looks like a gift, not from the seller. It is risky, and if you are caught, your bank won't like you.

I love it when people start advice with sentences like this

"Hey Joe, my wife is pissing me off, what should I do?!"

"Not that it is entirely 'legal', but I know a guy who can do her in"
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