Deb's Lake Conroe Real Estate & Stuff! : Real Estate Shaken or Stirred.....

Real Estate Shaken or Stirred.....

Are we all living and drinking a Martooni? I mean a Martini? The "behind the scenes" Real Estate market is so drunk you don't know what it's going to do. It's stumbling drunk. One hand simply doesn't seem to know what the other hand is doing!

Ossifer, Ossifer, I'm not too drive to drunk.martini-1.jpg picture by dabydoll

One of my dear clients has been trying to save her home. I have it listed and have been showing it. The property is awesome without question.

She went to great lengths to retain an Attorney to either negotiate a refinance or at least stave off the wolves till she could sell. She verified with the BAR (legal...not the drinking kind) that the man was legit. He guaranteed his services to the tune of $2,500.00.

The lender agreed to work with her and she was told to be patient. It would work out fine.

Yesterday she got home to find a certified letter stating that the house is scheduled for sale on the courthouse steps.

She contacted her lawyer to find that he had "moved offices" without a forwarding address or phone number.

She told me her head was spinning. Was she shaken or stirred? What's going on out there?

Later in the rain~Deb

 

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Comment balloon 49 commentsDeb Brooks • May 22 2009 05:33PM

Comments

Deb, this is truly a sad story. Maybe if she had more than one option she could easily go to that second option, but I agree at some point you have to commit to a path you are taking. Wow, talk about left hanging and now the fear of the courthouse steps looms. Do whatever you can to assist. I know you are with your wonderful serving heart. This is one of those classic left high and dry stories. Your bar/drunken analogy is right on the mark.

Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) over 9 years ago

Deb - What a sad story this is.  I bet this kind of thing is happening all over the country now, with the proliferation of short sales.

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC) over 9 years ago

It's these type of happening that make me crazy in this market.  You think you have a handle on things, only to find out there are five different handles... and yours just broke off.

Posted by Sally Dunbar, Fair Oaks Realtor - Fair Oaks Homes for Sale (Lyon Real Estate, Fair Oaks CA (Sacramento Area)) over 9 years ago

Giving the attorney the benefit of the doubt - maybe he just moved offices and is legit.  You should be able to find him at the State Bar Assoc.  If not, report him for sure.  Good thing she has you to help her.

Posted by Jim Valentine (RE/MAX Realty Affiliates) over 9 years ago

Wow....hope all gets better for her...

Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) over 9 years ago

This story is awful, but apparently getting more and more common these days.  As far as the guarantee - I guess its not worth the paper its printed on.  I'm reminded about a line in the movie Tommy Boy about guarantees and a bull...

Brian.

Posted by Brian & Marie Spray, Frisco TX Realtors (www.DFWAreaRealtors.com - Action Realty Group) over 9 years ago

Deb In The Rain...

I want to say I'm shocked but that would be a lie :)

TLW...ROAR!

Posted by "The Lovely Wife" (Broker Bryantnulls Wife) The One And Only TLW. (President-Tutas Towne Realty, Inc.) over 9 years ago

Deb, Undoubtedly she's shaken (up) and you are stirred (up)...what a rotten shame. 

Posted by Amy Salisbury, West Virginia Realtor/Jefferson/Berkeley (Leading Edge Properties) over 9 years ago

She got ripped off.  I bet the "attorney" may not have been an attorney at all.  Or he won't be an attorney once they catch up with him. 

Posted by Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com (Real Estate One) over 9 years ago

YIKES!! You need to find an Investor willing to make an offer and get it over to the lender asap. It may stop the auction process and give time to negotiate a short sale if necesary. 

 

Posted by Bryant Tutas, Selling Florida one home at a time (Tutas Towne Realty, Inc and Garden Views Realty, LLC) over 9 years ago

Pretty rotten.  I have a client who paid $850 for help from a vulture who messed up the title so bad that I can't even list the property as a short sale - he deeded it to the bank, who doesn't acknowledge it.  Yes, I introduced him to an attorney - he is working with him now.  It has been a year and values are way down since then.

Posted by Virginia Hepp - Mesquite NV REALTOR, Mesquite NV Homes and Neighborhoods - Search MLS (ERA - Mesquite NV Homes For Sale) over 9 years ago

How awful. And if the skunk of an attorney is found good luck finding another attorney to sue.

I feel so bad for this woman.

I did enjoy your analogy.

 

 

 

Posted by Kim Curran (RE/MAX Unlimited of Northern Virginia) over 9 years ago

That's awful.  What is wrong with some people???

Posted by Bruce Brockmeier, Coached By Crouch (Internet Marketing Consultant to REALTORS®) over 9 years ago

Sadly it's happening to so many people right now.  Best of luck to your client.  She's in good hands wtih you on her side.

 

 

Posted by Anna Banana Kruchten CRB, CRS 602-380-4886, Arizona's Top Banana! (Phoenix Property Shoppe) over 9 years ago

Oh my -- sounds like the attorney was a scammer -- this is sad -- sad to have people taken advantage of when they need help the most.

Posted by Bob & Carolin Benjamin, East Phoenix Arizona Homes (Benjamin Realty LLC) over 9 years ago

It's disheartening seeing so many unqualified and/or unscrupulous people taking advantage of others in this market. Hope things can somehow turn around for your client.

Posted by John Novak, Henderson, Las Vegas and Summerlin Real Estate (Keller Williams Realty The Marketplace) over 9 years ago

This is a sad story.  She should have called you earlier for advice. 

Posted by Barbara S. Duncan, GRI, e-PRO, Executive Broker, Searcy AR (RE/MAX Advantage) over 9 years ago

Hi Deb~ Too bad there are so many con-artists out there that feel the need to take advantage of people! They are too lazy to get a real job! What a sad thing for your client to be down on her luck and then have this fraud take advantage of her!  I hope it works out for her in some way....

Posted by Vickie McCartney, Broker, Real Estate Agent Owensboro KY (Maverick Realty) over 9 years ago

Deb - I wish I didn't want to believe that there are such unscrupulous people out there who think nothing of scamming the most vulnerable today but unfortunately it is going on much more often and frequently that is being reported.  It is just so saddening.

Posted by Donna Bigda, Greater New Haven CT Real Estate (RE/MAX Alliance) over 9 years ago

Deb, that is just awful and you just hear it more and more!  A lawyer just took off with my foster sister's money in Colorado.  This happened to be money about her adopting her grandchild but similar scenario he just moved with no forwarding address. 

Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 9 years ago

Stay classy, stay classy.

I want to say unbelievable but somehow this doesn't surprise me, crooks seem to come out of the wood work when people need help the most.

Posted by Mark MacKenzie over 9 years ago

Deb - That is just horrible!  How does that "attorney" sleep at night??? Hopefully things will work out for her. 

Posted by Jeanna Martinez (RE/MAX Access) over 9 years ago

Deb: This is a very sad story.. It is truly amazing at what some of these people are doing out there. I hope all works out for your friend / seller

Posted by Roland Woodworth, Q Realty - Power In Real Estate (Q Realty) over 9 years ago

Hi Deb -- It's a sad state of affairs on all fronts with this particular seller.  I feel sorry for this seller.  So sad.

Posted by Chris Olsen, Broker Owner Cleveland Ohio Real Estate (Olsen Ziegler Realty) over 9 years ago

Deb-Really sick times we're living in. And of course the Govt. gives money to the lenders so they can afford to not work with the seller and instead foreclose. Congrats on the Feature Post.

Posted by Debra and Scott Brooks, Lake Conroe Real Estate and Luxury Home Specialists! (Brooks Prime Properties, Lake Conroe) over 9 years ago

Shaken not stirredSHAKEN DEFINITELY!!!

Unfortunately, there are VULTURES out there just waiting to prey on people in rough times. I have a thought on what should be done with those when they are caught and it uses BULLETS!.....but THAT's a whole 'nother blog.

I'll be saying a BIG prayer for her (AND YOU).

 

Posted by Kathy Fisher, Realtor Wise County Texas (Parker Properties) over 9 years ago

I agree with BB as to the best way to help your seller.  As to the rest, it's just crazy right now.

Posted by Christine Donovan, Broker/Attorney 714-319-9751 DRE01267479 - Costa M (Donovan Blatt Realty) over 9 years ago

Here's my theory, Deb.  Banks don't care about people, including homeowners.  It's really quite simple, and their consistent behavior confirms my theory.  Banks do NOT care.

Posted by Randy Hooker, Gilbert, Chandler, Mesa, Queen Creek (Dreamcatcher Realty / Greater Phoenix Area) over 9 years ago

Deb, what a story...  good luck on helping her through the quagmire...  I also can't help but think the attorney either wasn't a real attorney or legitimately moved and you will find him... We make jokes about attorneys but come on... If I am wrong and it is pursued... he will be disbarred.  If that is any consolation to your poor client.

Posted by Joanne O'Donnell (Chic Home Interiors) over 9 years ago

Maybe he was one of the ones being investigated. Wow that does not play well. Who can you trust nowadays?

Posted by Chip Jefferson (Gibbs Realty and Auction Company) over 9 years ago

Deb,  great post - sad story.  But things like this have been happening forever.  Bad things do happen to good people.  The attorney thing is double ugly.  Had an attorney charge an immigrant $2k - said he was going to help them get their papers.  He too disappeared. Sad.  We don't have the full story but can she sign the deed back to the bank in lieu of foreclosure?  She has a good friend in her Realtor - you!  You're both in our prayers.

Posted by Lee & Pamela St. Peter, Making Connections to Success in Real Estate (Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522) over 9 years ago

Deb, how incredible that the Bar told her he was legit! I sure hope this lady has better luck and can get past this problem. We all have people who are trying to keep the wolf at bay.

Love the Shaken/Stirred idea. I know a guy who owns a boat named "Shaken not Stirred"

Posted by Caren Wallace, Portland Caren Real Estate (Premier Property Group LLC) over 9 years ago

Deb - 'Shook'!  Sadly, there are those who will do anything to make a dollar or 2500 of them!  Sad story.  Cannot believe the Bar verified the guy! 

Mary

Posted by Bruce & Mary Smith, REALTORS, Savannah Lakes Village McCormick SC (Savannah Lakes Homes) over 9 years ago

Aww Deb, this kind of thing just makes me sick.  Sadly, if a friend of mine was in the position, initially, I would have told her to call an attorney, which she did.  Very, very sad what people do to take advantage of others.

Posted by Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches (RE/MAX Preferred, West Chester, PA, RS152252A) over 9 years ago

Sorry to hear this story. BTW, it's one martini and two martooni's, I should know....

 

Posted by Frank & Jodi Orlando (Frank & Jodi Orlando Get Us A Home Realty Atlanta Homes Sale) over 9 years ago

I thought that a business crisis was supposed to winnow out the parasites? It seems this one is bringing them in.

Posted by Joe Pryor, REALTOR® - Oklahoma Investment Properties (The Virtual Real Estate Team) over 9 years ago

Wow!  That is sad and scary at the same time.  I guess our lesson is beware of the wolf in sheeps clothing...but I did love your approach to this blog...super creative!

Posted by Jeani Codrey, If you're not learning, you're not living! (The Learning Jeani) over 9 years ago

Hi Deb, Sad story... and there are many.  When this all subsides ( in her favor I hope ) she can press the attorney with the local bar ( it probably won't do much good - you know why, right ? ).

Posted by Bill Gillhespy, Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos (16 Sunview Blvd) over 9 years ago

She was shaken AND stirred, and scammed.  I am in the middle of a messy scam situation with a client, and I keep stumbling upon more and more victims of the same scheme as the days go by.  It is disheartening, and makes me angry.  People's lives are ruined and the scammer keeps running around ruining lives. 

Posted by Janna Scharf, Coeur d'Alene Idaho Real Estate Expert (Keller Williams Realty Coeur d'Alene) over 9 years ago

Oh Deb, this breaks my heart.

That's is all I can say....

Posted by Missy Caulk, Savvy Realtor - Ann Arbor Real Estate (Missy Caulk TEAM) over 9 years ago

Yes, this is too bad.

Patricia Aulson/Portsmouth NH Real Estate

Posted by Patricia Aulson, Realtor - Portsmouth NH Homes-Hampton NH Homes (BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate ) over 9 years ago

This is a sad state we are in.  The public is to the point they don't know who to believe.  So many are just doing nothing and that usually not in their best interest.

Posted by Mark Watterson, Utah Real Estate over 9 years ago

Oh how sad.  I've heard the same story many times lately and it just makes me sick.  I hope everything works out for her.

 

Posted by Elizabeth Cooper-Golden, Huntsville AL MLS (Huntsville Alabama Real Estate, (@ Homes Realty Group)) over 9 years ago

Oh boy. Maybe both shaken and stirred. A prayer for you and your seller is in order. God can work miracles!

Posted by William James Walton Sr., Greater Waterbury Real Estate (WEICHERT, REALTORS® - Briotti Group) over 9 years ago

I've heard way too many stories like this...who is watching over these short sale negotiators? Several that I have met have no official training on the subject, they just printed business cards and called themselves experts. Scary!

Posted by Mike Conner (City Realty, Inc. - Olympia, WA) over 9 years ago

wow Deb.  I am sorry to hear that.  Its a shame how people come along and pull scams on people in need.  What is wrong with people sometimes?  I hope things end up working out for her.

Posted by John Cannata, Texas Home Mortgage - Purchase or Refinance (214-728-0449 http://TexasLoanGuy.com) over 9 years ago

Deb - Sorry I missed this post and it's very good and thanks for the tip!

Vegas Bob

Posted by Robert Vegas Bob Swetz, Las Vegas Henderson Homes for Sale (Realty ONE Group) over 9 years ago

Deb - There are no guarantees. She was both shaken and stirred.

Posted by Carol Culkin, Overland Park (Reece & Nichols) over 9 years ago

Hi Deb, I hate hearing this about your friend. Glad you posted about the experience hopefully it will save others from going down that same road.

Posted by Teresa Harris, Denver . Lake Norman . Charlotte (Lake Real Estate, LLC) over 9 years ago

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