this post was submitted on 11 Nov 2024
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Instead of celebrating a closing, some US home buyers lost everything.

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[–] shoulderoforion@fedia.io 53 points 1 week ago (10 children)

Insert Nigerian scam joke here.

"To seize large down payments on homes, Ayeni and co-conspirators sent phishing emails to US title companies, real estate agents, and real estate attorneys."

How are these professionals not ultimately responsible in making the consumer, who seems to have done nothing wrong but trust state licensed companies and real estate individuals, whole?

[–] Nougat@fedia.io 6 points 1 week ago (2 children)

How are these professionals not ultimately responsible in making the consumer, who seems to have done nothing wrong but trust state licensed companies and real estate individuals, whole?

You already have the answer:

... US title companies, real estate agents, and real estate attorneys.

"There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect."

[–] TexMexBazooka@lemm.ee 10 points 1 week ago

That’s a great quote but not really applicable here

[–] AdamEatsAss@lemmy.world 5 points 1 week ago

I think when you agree to use a title company one of the things you have to sign says something along the lines of "you must check all details with us over the phone or in person. And you can't sue us."

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