If you do business with complete trust you can get around a lot of things
how can they stop two people from agreeing that a purchased was made for a certain amount and recording it with the city
they can't
its just a creative way to get around something, why would you want it to be illegal
I'm pretty sure the government knows this is going on
i mean you see multi million dollars homes going for a dollar, it doesn't take a rocket scientist to see what's happening
but at the end of the day, there's nothing they can do about it
they do it all the time
I tried to sell a house in Bloomfield, Hills MI this is one of the most sought after areas in the country lots of high profile people
this particular area was home to Bill Davidson the late owner of the pistons, Aretha Franklin, matter of fact she had just built her son a house right next to hers
the guy who owns bic pens, a lot of billionaires
This his house was brand new built I new the builder, all we did was non listed, private sells, I would just find a buyer who purchase at appraised value which is more than he really he needed to make and he would kick me back the difference
needlessly to say, I needed to get this house to appraise for 8 million, some guy from greenbay tried to buy it, he was from michigan I forgot his name
and Calvin Johnson, this was during his rookie year took a look at it, neither of them had the ability to pay cash, so the appraisal was important to justify a bank lending them money, and the way you find value in real estate is by comparable sells in the area. Unfortunately all the big dogs in that area had recorded that they're houses sold for a dollar, and that's when the builder put me up on game.
In order to do it, though you need a cash buyer
so like said, this is a rich persons game at that level
but you can do the same thing with 30,000 or any value house

IRS about to get on Shaq, Kobe probably gonna snitch too
Prices really like that for homes in Orlando for 235K?
IRS about to get on Shaq, Kobe probably gonna snitch too
Prices really like that for homes in Orlando for 235K?
We eating outchea in Orlando
But on a much grander scaleFlorida got so many dwellings for rent/sale you gonna see a lot of good shyt like thisHouses around Orlando are great value buys. My buddies in college rented a house about 25 from Orlando...completely furnished with leather couches, flat screen hi def tv, pool screened in the back with water fountain..3 bedrooms...$500 a piece. stupid.
Rich people scamming the system again and nikkas wanna attack motherfukkers on food stamp![]()
This system is designed to be circumvented by those with access to money.
My pop sold me a used 10,000$ vehicle he owned for $1 as a wedding gift for me and my wife. Got letters from DMV and the IRS about owing them taxes for the true value of the car. We just confirmed it as a gift and we got off paying no extra $$!. I'm assuming this case is similarBut on a much grander scale

