1000 Fillmore St, Denver, CO 80206
- Buyer/Borrower = Young Kim
- Amount Paid to Seller = $392,000
- Loan Amount = $441,750
- Lender = Axis, division of Biltmore Bank of Arizona
- MLS pg1 – Kim Purchase 03/10/06
- MLS pg2 – listing history
- Deeds Report
- Indicated Fraud = $49,750
- Listing Agent = John Sullivan, Re/Max Cherry Creek
- Selling Office = SPACE = Kimberly White & Gillian E Stott
Comments: The mortgage broker and the good people at Biltmore think as long as the fraud is less than $50,000, the authorities will leave them alone. Sadly, I think they are right. Another powerful lesson for the Denver real estate community.
The handy 1 page summary shows Young Kim bought 10 houses in 7 months. This is item 7 of 10 – stay tuned for more. It’s the same pattern as Shawn Tieskotter, Vicki Dillard Crowe, Secresha Cooper, and Dawn L Molen.
tags
mortgage fraud real+estate Young+Kim Kimberly+White Gillian+Stott John+Sullivan Biltmore Axis Bank+of+Arizona
technorati ping / blog phil.rice / Real Estate Yard Signs / fraud / mortgage / real+estate / Young+Kim / Kimberly+White / Gillian+Stott / John+Sullivan / Biltmore / Axis / Bank+of+Arizona /