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Author
 
Jim
Reports: 27

Scott Veerkamp: Land Contract Scam

Please take time to review "Exhibit H" and the letter from GMAC Mortgage (below)
 
1. The letter from Chris Moore (Exhibit H) was included in Scott Veerkamp's response to MIBOR.  2.  This letter confirms Scott's intention to sell the property on contract. 
 
GMAC Mortgage provided the following response:
"This mortgage is neither assumable nor transferable under any terms or conditions.  Upon any sale or transfer of this loan, we would require payment in full of this mortgage."   
 
Clearly, Scott Veerkamp was attempting serious financial harm with his "land contract scam."  Unfortunately, this scenario is common for Scott.  He is constantly manipulating and misrepresenting information to the public.
 
Please note: 
REMAX of Indiana presented Scott Veerkamp with a "Lifetime Achievement Award" for his effort in using YSP and implementing the land contract scam.
 
 
 
 
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