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  • November 12, 2008 at 2:43 PM #14425
    mike92104
    Participant

    Regarding this property:

    http://www.sdlookup.com/MLS-080076544-10979_Salinas_Way_San_Diego_Ca_92126

    I asked my agent why the price was so low and got this response:

    “Well,, this is interesting. The property records show that an interspousal deed was recorded transfering title from the wife to the husband. The amount owed is $380k on the loan. Now the property is put on the market at a very low price and with the statement “offer accepted pending lender approval of short sale” after only one day. The listing agent is the wife, that deed the property to the husband. I’m wondering who is buying the property a such a low price and if this was orchestrated to keep the house in the family but reduce the price.Everyday we find shady deals going on in this market.”

    Who would someone report his to? I think the bank should know they’re getting swindled, and all the other buyers should get a fair crack at it.

    November 12, 2008 at 3:25 PM #303336
    NotCranky
    Participant

    You can call the local board at 858-715-8000. Enough piggs are upset enough about this kind of activity that you might want to go down together in person and speak with someone(can’t remember who) that handles ethics complaints.The operator at the number above can give you the details.

    The address is:
    4845 Ronson Court
    San Diego, Ca 92111

    You can go the DRE route too. However, I would insist that the Board look into it, if it were something that mattered to me, because of the bureaucracy you will be faced with at the DRE. Maybe I am wrong on this point.It is just what I imagine from this type of organization.

    http://www.dre.ca.gov

    I am pretty pessimistic about finding anyone who actually gives a damn. I hope I am wrong but I am starting to believe that if you want any justice you have to hire a PI and a attorney that has enough leverage to get your complaint in front of the authorities. In these kinds of cases,if there is wrong doing, it seems like that’s what you have to do and most of us don’t want to pay for it.
    I really hope I am wrong.

    November 12, 2008 at 3:25 PM #303698
    NotCranky
    Participant

    You can call the local board at 858-715-8000. Enough piggs are upset enough about this kind of activity that you might want to go down together in person and speak with someone(can’t remember who) that handles ethics complaints.The operator at the number above can give you the details.

    The address is:
    4845 Ronson Court
    San Diego, Ca 92111

    You can go the DRE route too. However, I would insist that the Board look into it, if it were something that mattered to me, because of the bureaucracy you will be faced with at the DRE. Maybe I am wrong on this point.It is just what I imagine from this type of organization.

    http://www.dre.ca.gov

    I am pretty pessimistic about finding anyone who actually gives a damn. I hope I am wrong but I am starting to believe that if you want any justice you have to hire a PI and a attorney that has enough leverage to get your complaint in front of the authorities. In these kinds of cases,if there is wrong doing, it seems like that’s what you have to do and most of us don’t want to pay for it.
    I really hope I am wrong.

    November 12, 2008 at 3:25 PM #303709
    NotCranky
    Participant

    You can call the local board at 858-715-8000. Enough piggs are upset enough about this kind of activity that you might want to go down together in person and speak with someone(can’t remember who) that handles ethics complaints.The operator at the number above can give you the details.

    The address is:
    4845 Ronson Court
    San Diego, Ca 92111

    You can go the DRE route too. However, I would insist that the Board look into it, if it were something that mattered to me, because of the bureaucracy you will be faced with at the DRE. Maybe I am wrong on this point.It is just what I imagine from this type of organization.

    http://www.dre.ca.gov

    I am pretty pessimistic about finding anyone who actually gives a damn. I hope I am wrong but I am starting to believe that if you want any justice you have to hire a PI and a attorney that has enough leverage to get your complaint in front of the authorities. In these kinds of cases,if there is wrong doing, it seems like that’s what you have to do and most of us don’t want to pay for it.
    I really hope I am wrong.

    November 12, 2008 at 3:25 PM #303726
    NotCranky
    Participant

    You can call the local board at 858-715-8000. Enough piggs are upset enough about this kind of activity that you might want to go down together in person and speak with someone(can’t remember who) that handles ethics complaints.The operator at the number above can give you the details.

    The address is:
    4845 Ronson Court
    San Diego, Ca 92111

    You can go the DRE route too. However, I would insist that the Board look into it, if it were something that mattered to me, because of the bureaucracy you will be faced with at the DRE. Maybe I am wrong on this point.It is just what I imagine from this type of organization.

    http://www.dre.ca.gov

    I am pretty pessimistic about finding anyone who actually gives a damn. I hope I am wrong but I am starting to believe that if you want any justice you have to hire a PI and a attorney that has enough leverage to get your complaint in front of the authorities. In these kinds of cases,if there is wrong doing, it seems like that’s what you have to do and most of us don’t want to pay for it.
    I really hope I am wrong.

    November 12, 2008 at 3:25 PM #303782
    NotCranky
    Participant

    You can call the local board at 858-715-8000. Enough piggs are upset enough about this kind of activity that you might want to go down together in person and speak with someone(can’t remember who) that handles ethics complaints.The operator at the number above can give you the details.

    The address is:
    4845 Ronson Court
    San Diego, Ca 92111

    You can go the DRE route too. However, I would insist that the Board look into it, if it were something that mattered to me, because of the bureaucracy you will be faced with at the DRE. Maybe I am wrong on this point.It is just what I imagine from this type of organization.

    http://www.dre.ca.gov

    I am pretty pessimistic about finding anyone who actually gives a damn. I hope I am wrong but I am starting to believe that if you want any justice you have to hire a PI and a attorney that has enough leverage to get your complaint in front of the authorities. In these kinds of cases,if there is wrong doing, it seems like that’s what you have to do and most of us don’t want to pay for it.
    I really hope I am wrong.

    November 12, 2008 at 4:26 PM #303351
    mike92104
    Participant

    I hope you’re wrong too. Seems like people would be more interested in fraud amounting to $130,000! I was thinking about also contacting the bank that holds the mortgage. I’m not really interested in the house, but the fraud pisses me off.

    I’m also thinking about complaining directly to the listing agent’s office, and sending a letter to the house itself letting them know that I will be filing a complaint and contacting the authorities.

    Does anybody have a number for the listing agents broker? I can’t find it myself.

    November 12, 2008 at 4:26 PM #303713
    mike92104
    Participant

    I hope you’re wrong too. Seems like people would be more interested in fraud amounting to $130,000! I was thinking about also contacting the bank that holds the mortgage. I’m not really interested in the house, but the fraud pisses me off.

    I’m also thinking about complaining directly to the listing agent’s office, and sending a letter to the house itself letting them know that I will be filing a complaint and contacting the authorities.

    Does anybody have a number for the listing agents broker? I can’t find it myself.

    November 12, 2008 at 4:26 PM #303724
    mike92104
    Participant

    I hope you’re wrong too. Seems like people would be more interested in fraud amounting to $130,000! I was thinking about also contacting the bank that holds the mortgage. I’m not really interested in the house, but the fraud pisses me off.

    I’m also thinking about complaining directly to the listing agent’s office, and sending a letter to the house itself letting them know that I will be filing a complaint and contacting the authorities.

    Does anybody have a number for the listing agents broker? I can’t find it myself.

    November 12, 2008 at 4:26 PM #303741
    mike92104
    Participant

    I hope you’re wrong too. Seems like people would be more interested in fraud amounting to $130,000! I was thinking about also contacting the bank that holds the mortgage. I’m not really interested in the house, but the fraud pisses me off.

    I’m also thinking about complaining directly to the listing agent’s office, and sending a letter to the house itself letting them know that I will be filing a complaint and contacting the authorities.

    Does anybody have a number for the listing agents broker? I can’t find it myself.

    November 12, 2008 at 4:26 PM #303797
    mike92104
    Participant

    I hope you’re wrong too. Seems like people would be more interested in fraud amounting to $130,000! I was thinking about also contacting the bank that holds the mortgage. I’m not really interested in the house, but the fraud pisses me off.

    I’m also thinking about complaining directly to the listing agent’s office, and sending a letter to the house itself letting them know that I will be filing a complaint and contacting the authorities.

    Does anybody have a number for the listing agents broker? I can’t find it myself.

    November 12, 2008 at 5:17 PM #303370
    EconProf
    Participant

    One would think the financially interested party–the bank–would really like to know about this. Let them have the facts. They have a lot at stake in minimizing their loss, so should have the incentive to act accordingly.
    Of course, this assumes they are economically rational…….

    November 12, 2008 at 5:17 PM #303733
    EconProf
    Participant

    One would think the financially interested party–the bank–would really like to know about this. Let them have the facts. They have a lot at stake in minimizing their loss, so should have the incentive to act accordingly.
    Of course, this assumes they are economically rational…….

    November 12, 2008 at 5:17 PM #303744
    EconProf
    Participant

    One would think the financially interested party–the bank–would really like to know about this. Let them have the facts. They have a lot at stake in minimizing their loss, so should have the incentive to act accordingly.
    Of course, this assumes they are economically rational…….

    November 12, 2008 at 5:17 PM #303761
    EconProf
    Participant

    One would think the financially interested party–the bank–would really like to know about this. Let them have the facts. They have a lot at stake in minimizing their loss, so should have the incentive to act accordingly.
    Of course, this assumes they are economically rational…….

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