Schemes and Scams they are here!

I have been approached by many of my clients and I have personally received mail paraphernalia that addresses every one of these elements. My staff and team members will protect your best interest. So many of you have complimented us on how satisfied you are with my ability to manage the sale of your home in our community and I’ve addressed some of these topics. I can share much in-depth detail for those interested, now that I’ve received my Seniors Real Estate Specialist “SRES” designation.

Cons ………..  A con artist may try to persuade a senior to withdraw money from an account in order to prove that a bank teller is stealing money from depositors. Another scam involves asking for bank account numbers and other personal information over the phone in order to “verify” information.

High-Pressure Sales ………  Boiler-room operations that sell living trusts frequently target the elderly. The purchaser pays several hundred dollars or more for a package of preprinted forms. High-pressure sales of home refinancing charge hefty service fees for unnecessary home loans.

Deed Scams ………. Seniors whose properties are owned free and clear may be susceptible to a form of deed scam. A fraudulent deed is filed and the home is sold without the senior owner’s knowledge

Phony Home Repairs ………. Con artists often appear after natural disasters like hurricanes. They pose as contractors and offer home repairs at “bargain” rates. The repairs are poor quality or never finished and the contractors disappear with money paid in advance.

Fraudulent Mortgage Notices ………. A sales pitch for refinancing or other products masquerades as an official document stating “call for important information about your mortgage payment”. Another scheme is a phony “official notice” that a mortgage has been transferred and future payments should be sent to a fraudulent “lender” at a new address.

Cash As-Is ……… This is very common with residents in TBGCC. Seniors may receive a cash as-is offer from an investor. Many times, these types of investors will offer around 30 cents on the dollar of a given property value. While it may be tempting for the seller to accept an all-cash offer, in many cases, this will not be the best option available.

Author: danswingblog

Dan has celebrated over 19 years as a full-time Realtor. Successfully listed and sold Luxury homes, diversified real estate portfolios. Advises and assists clients with challenging liquidations and purchases. Not uncommon to be working with foreign nationals, buyers that leverage the Sterling, Euro, and similar currency. Dan welcomes the Global community, with friends in many Nations. He brings a reputation for Integrity, Expertise, and Focus. Our customers deserve the best. Currently provides Residential and Commercial B.P.O.'s, Broker Price Opinions, B.O.V's, Broker Opinion of Value to many lenders. Manage and Sells R.E.O., Real Estate Owned properties, distressed properties! Evaluate and negotiate solutions for sellers and lenders. Developed, operated and sold a Florida "AWARD WINNING" Ad Agency! 2010 & 11 Commercial Agent of the year. RE/MAX Paramount Properties. Relocated to Tampa in 2012, enjoyed retirement for 6 months. Saw unethical practices by some Realtors and choose to reverberate our profession in the Tampa area. In four years built his business to as many as four (4) transactions monthly. Mortgage brokers were calling Dan a Superstar in Real Estate. Dan and his wife relocated to North East Florida, to the community of Nocatee. Currently focusing on 55 and older communities and Luxury Real Estate. Successfully closed on many extremely challenging foreclosures, and Short Sale. Coached and participated in Commercial and Multi-Income Family REO's in the past six years. Elected to the Auburndale City Commission in 1986-88. Created and served as 1st Redevelopment Chair in 1988 & 89 personally put in place all the elements for the Auburndale CRA. 1990 City Commission refused to give a full vote of confidence. After a 5 year journey to personally raise funding, extensive research and study for the CRA district perimeters, and stunned with the Commissions doubt. Positioned himself to run for office again, was re-elected to Auburndale Commission, to serve 1991-93 to full fill the CRA master plan! Active with the Central Florida Development Council from conception in 1985 and sat on the board periodically for the past 25 years representing municipalities and private investors. The positions Dan held from 1986 through 1993 enabled him to have a complete workable understanding of the State of Florida Comprehensive Plan for Future Land Use, and the benefits of intergovernmental agreements, utility franchise expansions, and public/private partnerships! Specialties: Assets recovery & receivership, Real Estate Portfolio's, REO & Short Sale of Residential and Commercial negotiations, marketing consultant, public relations, and Broker Price Opinions for residential and commercial lenders.

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