The good. The bad. The funny. The ugly. The interesting and the poignant side of reality Real Estate. A collection of thoughts, articles and need-to-know tidbits from the daily world of a Real Estate Broker.
Wednesday, February 21, 2007
Absentee Landlords Beware!
Check out this interesting story in Inman News. It exposes the activities of scam artists who search out unkempt homes in quiet neighborhoods. This supposedly signals that the owner is likely to be an absentee landlord. Once found, the criminals forge a quit claim deed in the seller's name which allows the crooks to take control of the property. Next, they inform the renters that there are the new owners and boot the renters out. From there it's easy to sell the place before anybody is the wiser. Long distance landlords often have no idea their investment property has been targeted until it is too late. Read more ...
It's my second visit to the cancer ranch, first time was breast cancer in 2008. I didn't think I would be a repeat offender, but here I am sporting quite a case of skin cancer. This time I am not going to play nice.
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