Foreclosure Remodeling For Contractor Manegment 411 Is It A Fraud?

 
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Old 09-18-2009, 02:44 PM   #1
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Foreclosure Remodeling For Contractor Manegment 411 Is It A Fraud?


A company called contractor manegment said they have leads for bank owned foreclosures. I pay 99 dollars for a background check then they send me free leads is this a fraud? Does anybody have any feedback

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Old 09-18-2009, 02:56 PM   #2
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Re: Foreclosure Remodeling For Contractor Manegment 411 Is It A Fraud?


I don't know if it's a fraud or not. Usually the banks have real estate agents handle getting contractors to provide quotes and do the work. If you do it be prepared to do 100% financing for the job and to wait for your money when done. A lot of banks will try to get you to give them a lien release before you start the project also.

I don't think I would pay a lead company anything for those types of leads. If you want to do that kind of work cut out the middle man and go straight to the sources.
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Old 09-18-2009, 03:27 PM   #3
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Re: Foreclosure Remodeling For Contractor Manegment 411 Is It A Fraud?


contractor managment said the 99 dollars is just for a background check that is required by the banks I dont pay for leads, they also said I would get paid every two weeks for whatever projects I have done buy a certain day and there is no bidding its already priced off of the going prices in the surrounding area. I dont know what do you guys think
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Old 09-19-2009, 06:28 PM   #4
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Re: Foreclosure Remodeling For Contractor Manegment 411 Is It A Fraud?


if it sounds to good to be true.........
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Old 09-19-2009, 09:51 PM   #5
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Re: Foreclosure Remodeling For Contractor Manegment 411 Is It A Fraud?


Quote:
Originally Posted by stevie d View Post
if it sounds to good to be true.........
...It Is
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Old 09-20-2009, 10:28 AM   #6
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Re: Foreclosure Remodeling For Contractor Manegment 411 Is It A Fraud?


Quote:
Originally Posted by curtis foote View Post
contractor managment said the 99 dollars is just for a background check that is required by the banks I dont pay for leads, they also said I would get paid every two weeks for whatever projects I have done buy a certain day and there is no bidding its already priced off of the going prices in the surrounding area. I dont know what do you guys think
Sounds like a red flag right there to me.
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