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To: org.whodat

Oh yes, White Water. However, this couple signed a contract to purchase the house on a 30 yr loan...the owner financed it through People’s Bank but the mistake made...buyers were forking over money to the owner instead of the bank...owner pocketed the money...fraud. Sad situation to be out of 60,000 dollars plus and have to start all over..it is going to court as there are 42 homes ...all not far from Branson


5 posted on 10/12/2011 4:32:03 PM PDT by katiedidit1
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To: katiedidit1

If they did not receive a payment book from the bank, they were buying on a land contract. Results are the same.


7 posted on 10/12/2011 4:36:56 PM PDT by org.whodat (Just another heartless American, hated by Perry and his fellow democrat)
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To: katiedidit1
...buyers were forking over money to the owner instead of the bank...owner pocketed the money...fraud.

That sounds about right.

Good luck in court to the buyers.

8 posted on 10/12/2011 4:39:34 PM PDT by ARepublicanForAllReasons (Crony Capitalism & Union boot-licking Marxist politicians are our undoing.)
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To: katiedidit1

The difference between this and White Water was the bank. McDougall owned Madison Guarantee which held the Whitewater mortgage. Every time a property owner missed a few payments, the Clintons and their partners foreclosed and kept reselling the same properties. It is said that Hillary resold the same property 3 times.


21 posted on 10/13/2011 12:33:49 PM PDT by Eva
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