I need to know what actions I can take, because I am in a different state, and this person had a signed and notorized contract with us that they would pay the monthly payments until October of 2007, and then they would purchase the home. There was nothing in the contract that said that they could get out of it in any way. Well, they sent us an e-mail asking us for the power of attorney so that they could sell it. My first thought was "no-way," because how could we trust this person who already broke the trust of breaking the contract? Yesterday, I see that this person had the home listed on the MLS, and had a realtor’s sign in the front yard. He had to have claimed that he was the owher in order to do that. Isn’t that fraud? We have a whole mess to figure out now. What should I do?
They can’t sell anything until they fulfill the terms and then they buy it and the title is transferred. So yes it’s fraud. In fact to the point that you could have them charged for it.
So they are claiming to be the owner. And they want a power of attorney? A power of attorney would allow them to sell it in your name (as if it was you selling it) and allow them to take the money and run. And since you gave them the POA there wold be very little that you could do about it. Something is very wrong here.
Contact the realtor and as you are the owner you wan’t details regarding the listing. Or I would actually be sneaky and pretend that you are a buyer first and find a few things out. Then call the cops. There are so many things wrong with this picture that it seems something is really wrong on so many levels.