An elaborate short-term rental scheme in Carlsbad tricked a young renter and property owner into losing thousands, according to the victims. The victims, property owner Nick Foster and renter Courtney Hulla, told NBC 7 the scammer used both Airbnb and Craigslist to...
The most susceptible to home thievery are those properties that are paid off, and all you need is a crooked notary. This was more of a vengeful act by an ex-boyfriend that could be unwound a little easier because it had a mortgage and harder to re-sell. Hat tip to SM...
Another fellow realtor made headlines this week - hat tip GM! Washington D.C., Aug. 29, 2019 The Securities and Exchange Commission today announced it has filed charges and obtained a consented-to asset freeze against San Diego-based ANI Development LLC, its...
While we're on how NAR and others have failed us, let's mention the latest class-action lawsuit: [button...
This scam is very real - confirm with escrow company before wiring funds. A local family lost their entire life savings to scammers while they were in the process of buying a home after they unknowingly wired their money to a fraudulent escrow account. Andrew Batson...
Another example of how the Redfin estimates aren't generated from some snazzy algorithm - they are just tied to the list prices. Above is the before-MLS-entry estimate of $823,185. Below is their estimate after the MLS listing got into their system: $732,229
It's happening everywhere - hackers are stealing funds thought to be wired to escrow companies. It's a real threat - be careful! Hat tip GW: James and Candace Butcher were ready to finalize the purchase of their dream retirement home, and at closing time wired...
People question how big of a problem it is that listing agents withhold their listings and sell them before inputting them onto the MLS - which denies their own sellers the benefit of open-market exposure, and potentially a better offer. Above is a sample from today's...
Those with a paid-off home are only one signature away from losing it. This former attorney was convicted of a similar fraud, gets out of jail and does it again - but worse. Hat tip to daytrip for sending this in: Authorities have charged a West Hills woman with...
The thing that got me fired up was Glenn insisting that portals include a mandatory HTML link back to the listing agent (in fact, Redfin authored the new verbiage to be approved by N.A.R.). The current rule is that the listing agent has to be mentioned, and Redfin...
