SCAM ARTISTS - SCAM ARTISTS - wolves in sheep's clothing. While reading a post by Jason Crouch, I am a WYSIWYG kind of guy who can't stand working with HTML clients. I could see how so much of what he says is true. Jason tells us that HTML clients are those that are "Hard-To-Manage Liars" or "Hard-to-Manage Losers" or "Hard to Manage Lately". "You could also use any other word that you think will fit here." Quote by Jason.
Once upon a time two scam artists visited Huntsville, Texas.
They seemed like a sweet elderly couple that had a zest for life and the desire to live in a waterfront home. They were the type of people that made you feel "special" and you wanted to care for them as your elders. They had a dream. It was to live on Lake Livingston for their final years. She wanted to look out her kitchen window and watch her loving husband throw his line out for fishing each morning. He just wanted her to be happy looking at the water from her kitchen window. Get the picture?
I found their dream home on the water.
They signed all the paperwork with me and gave me a $2,000.00 earnest money check. I was joyful for them, the sellers, and me!!!
"We have a large sum of money being transferred to us from overseas that should be here in just a couple of days. Please wait to put the check in for us honey, okay??"
This is suppose to be a cash deal for a house of $250,000 but they couldn't do $2,000.00?
I was concerned. I did visit with the Sellers about the offer and we came to a verbal agreement. Two days later we went as far as signing the offer. I still had no money.
My sweet elderly couple called me EVERY- DAY- BARRING- NONE with their reassurances that the money was on its way. They told me their word was golden. They begged me not to sell THEIR house and they would have the money any day! After about a week of this I was still sitting on the paperwork and the check. I did not take the house off the market and it was actively showing. With each moment it was looking bleaker. With each moment I was feeling more uncomfortable with the entire situation.
The week became two, then three and then....I sold the house to someone else.
Don't worry that's not the punch line.
The Funds are coming, The funds are coming!
A previous acquaintance contacted me with shocking news. He desperately needed to sell his $500,000.00 waterfront home before the bank took it over. Come to find out, he and his wife and son had sold the house to an elderly couple...........yep.
Somehow, the couple managed to SCAM the agent and the Title Company into closing without funding!!!! Not the local Title Company I use, BTW. Can you believe that?? Can you??
My new client told me they were suppose to receive a win-fall from overseas and it just hadn't gotten there yet. The couple MOVED IN to his home and had all the utilities and services and even the tax rolls changed to their names. They managed to live there for seven months. They had bar-b-ques and got to know the neighbors.
Now, since my new client (the victim) had purchased yet another house for more than $500,000.00, he was unable to make both payments! The elderly couple were having the time of their lives in a beautiful home on the water!!!! Just like they wanted.
Meanwhile, my client's financial life was being destroyed. It took months to get them out of the house. It took Lawyers. The Title Company and the Agent involved with the sale have lawsuits pending. What a mess.
I sold his house by the hair of my chinney chin chin before it hit total foreclosure. It helped my heart. He is still my client.
I was suppose to be their next victim.
You can never be too careful. Watch out for wolves in sheep's clothing.
Isn't it strange to have the tables turned? Usually we have to watch the elderly to keep them safe! I'm just not use to the idea of having to watch out for them.
and Proud of it! Deb
Check out my website at: www.debs-realestate.com.