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May 15, 2007 at 10:36 PM in reply to: Gorgeous 5 bedroom 2 bath located in Poway. Priced to sell! #52983
The OC Scam
ParticipantAlex,
What your feeling is anxiety your blood pressure is going through the roof. Take the advice as others have said be patience and some xanax!!!!
Don’t you remember what we have been through in the last five years watching your neighborhood go from 289K to 675K?
In 2006 we all said to each other why are houses still selling?
Now the truth is out! There were Agents swinging bats at loan offices to intimate approvals to poor ignorant fools. My friend’s sister bought a 700k with nothing down on a combined 80k income and now is in default and they are not ignorant but fools. Whose fault is that?
You held in there this long and said what a lot people feel deep inside. But don’t give up now the party is almost over and YES unfortunately everyone has to pitch in to clean-up.
And one more reminder please bring the data about all the millionaires buying homes in San Diego with endless cash in the bank? The data I see reads otherwise…..
ParticipantI’m using foreclosure.com and its working pretty good in fact my realtor friend starting using it like a shark!!
ParticipantI say we make multiple offers in desending order starting a few hundred thousand below asking price!
ParticipantThis is a bail me out plea for help. There’s a lot of these out there. They bought it in 2005 for 530k and now willing to sell for 520k. “Oops I bought my house too high”??
Wait till next year it will be on the market for 400k. Then hopefully in 2009 for 320k!ParticipantI spoke with the Broker over Stacy and she says Stacy just informed them of this situation and they will have a lawyer to contact by tomorrow. The broker said their sending a letter stating that the owner has fired them and we need to contact the owner from now on. I told them no you need to speak to my lawyer!
This is crazy!
ParticipantThe person “Stacy” I signed with comes from a valid Real estate company. She claimed to be running the property mangement for all of the owner’s “Linda” properties.
Stacy approved the home insurance to pay for plumbing work to be fixed right before christmas. She sent me reinburstments check from a the Property management account in the name of Linda for expenses I took on for cleaning the house.
I think Linda just wants out!
ParticipantAgain this is my neighbor so take with what its worth but he said the Adult grand child forge the documents and it has become a legal matter. The only reason he knows this is because he still talks to his realtor.
He also told me he thinks I should have Linda right me up (which I have requested)a legal document stating the lease contract was written without her permission. Then put the rent payment in an account (he said escrow account) to cover myself while we continue to live here until the bank asks for us to move out. He said this way the money is deposited every month before the late due date and shows I wasn’t just squatting here. I’m of course not doing anything until I consult with a lawyer!!!
ParticipantI was just talking to my neighbor who sold his house in Yorba Linda for $800K the couple bought the house 0 down in one of their grandparents name. The grandparent found out and they are sueing their grand child.
Anyways my Neighbor said we have to put our money into a escrow account and keep track of our deposits in the amount of the rent due on the contract. Also Linda is to provide a legal document stating she never agreed as the owner to the terms of the lease contract. This will be our situation until this is all settled. We are weary of Linda’s story she could have been part of this whole thing and now wants out? I’m seeking a real-estate lawyer. Thanks
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