Hopkintonrealestate

Hopkinton, MA

Short Sale Scammers We Buy Houses

Adamus29 - 1st of all there is a big difference between disclosure and non disclosure! A home owner who gets caught with their home tied up with an investor who will never get a bank to approval their deal is asking for a foreclosure. In the above scenerio there was no chance the bank would ever approve the deal. A bank is not going to give away a home for 50 cents on the dollar. Short sales can be slightly under market value and the bank will work with you in most cases. Banks DON'T give properties away in short sales.  (May 1, 2009 | post #22)

Hopkinton, MA

Short Sale Scammers We Buy Houses

Chris of course they discount. Banks don't want to hold property but everyone assumes incorrectly that the norm is what you see on the late night infomercials where they say you can buy bank owned property at 50 cents on the dollar. As a general rule this is not the case.  (Mar 16, 2009 | post #17)

Home Selling

Short Sale Scammers We Buy Houses

Exactly you don't know me and I do know my way around short sales Chris. It is obviously you that is clueless if you think banks generally accept a 35% discount on the market value. Sorry pal it doesn't happen! The home owner did not avoid foreclosure because they got involved with a scam artist. The person came off as someone interested in buying her home and then put her home on the market without her knowledge illegally. I am not going to explain it again.  (Mar 4, 2009 | post #14)

Real Estate

Short Sale Scammers We Buy Houses

Brett by the way the person was an investor with a Realtor as a partner.  (Feb 9, 2009 | post #12)

Real Estate

Short Sale Scammers We Buy Houses

Tommy that site is a joke! If you think selling a home in a challenging market like the one we are in is going to be accomplished by just throwing it in MLS you are sadly mistaken.  (Feb 9, 2009 | post #11)

Real Estate

Short Sale Scammers We Buy Houses

Brett the person who got them to sign listing contract represented that they wanted to purchase the home....NOT list the home as a short sale. There is a huge difference. Option contract or not this was fraud!!  (Feb 9, 2009 | post #10)

Real Estate

Short Sale Scammers We Buy Houses

Grant you are missing the point. The seller thought the person was interested in buying the home. She was not interested in signing a listing agreement with them. There is no point submitting an offer for 25 cents on the dollar in a short sale either. The bank is never going to go for it. This person was never interested in buying the home unless they could steal it. They were interested in having the owner sign a listing agreement. This was flat out WRONG!  (Jan 28, 2009 | post #7)

Ashland, MA

Short Sale Scammers We Buy Houses

Jeff - In Massachusetts nothing allows a person to list a persons home without their consent. You need a signed contract to do that. The option contract you mention is nothing more than a scandalous piece of garbage that these bozo's have people sign without the person knowing what they are actually getting themselves into. It is just the opposite when you are in financial difficulties...a confused mind says YES. Unfortunately people don't understand these documents otherwise they would never sign them.  (Jan 5, 2009 | post #5)

Westborough, MA

Picturing a better place

Love the photos! Anywhere there is an Ocean is usually pretty good.  (Sep 24, 2008 | post #1)

Hopkinton, MA

Hide Everything

There is no balance in this home. This kind of kitchen looks out of place in a 100+ year old home.  (Sep 10, 2008 | post #1)

Hopkinton, MA

Holliston boy dead after school football injury

It is sad and shocking. My heart goes out to the kids family.  (Sep 8, 2008 | post #4)

Home Selling

Get the most out of selling your home

Not taking care of a homes flaws and presenting it in a less than perfect condition is one of the biggest obstacles I see today in a difficult Real Estate market. The homes that are in tough shape are the ones that get punished the most in this market. If you are not sure how to present your home in the best light I would suggest hiring a home stager.  (Sep 5, 2008 | post #1)

Home Listing

Real estate agent faces theft charge

There are good and bad folks in every business. As a Realtor myself, I can certainly say I have run into a few characters over the years. One of the best ways to interview a Realtor is to Google their name. You can learn quite a bit.  (Sep 4, 2008 | post #21)

Milford, MA

Short Sale Scammers We Buy Houses

Jon your right there are legitimate companies that so purchase homes from people who find themselves in a difficult financial situation. The company described in this post is doing some things that are VERY unethical. This company represented to the seller they wanted to purchase her home. They told her they would be presenting a short sale scenerio to the back for her. The offer they submitted to th bank would never ever be accepted. This company then put the home on the market without an MLS agreement from the seller. Putting someones home on the market and then reducing the price of the home without telling the seller is grounds for speaking to the better business burea.  (Sep 3, 2008 | post #2)

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