Legal Question in Real Estate Law in Illinois
mortgage fraud
how long after i bought my home do i have to file a mortgage fraud civil suit.against seller and mortgage conpany.
Asked on 11/24/06, 3:02 pm
1 Answer from Attorneys
Zedrick Braden III
Ainsworth & Associates PC
Re: mortgage fraud
Hello. I recently defended a mortgage broker
against a lawsuit for mortgage fraud which was
brought 5 years, after the transaction. There-
fore, in my opinion, if you bring a lawsuit within the 5 year period, you are on solid ground. However, I subscribe to the belief that filing a lawsuit as soon as possible is the best way to make sure that your supporting evidence and witnesses are still around. I will be happy
to answer any additional questions that you may
have.
Answered on 11/25/06, 7:17 pm