Several agents have been contacted by a male in Istanbul who claims to work for BMG/Sony and wants to puchase property in the United States. He provides his criteria, price point, and focuses on getting magazines sent to an address in Istanbul. It has cost some agents hundred of dollars. He has been running this scam for at least 4 years. When he e-mailed me out of the blue, it seemed way too good to be true so I asked for his financials and he couldn't come up with them...not surprising!!!
Be very wary if you get an e-mail with something like what we have received below. He sends the same e-mail out to everyone and he must send this e-mail to hundreds of agents to get free magazines.
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Good Day From Istanbul,
My name is ***** Cakici.I have a music company called Sony/Bmg in istanbul - Turkey.I have been in the music business for over 25 years.I have properties in istanbul and London.
Well,I'm also planning to purchase a property in Los Angeles area and would like to work with you on this property search. My price range is 12 million dollars.
Im interested in Santa Monica,Brentwood,Bel Air and Beverly Hills,Sunset Strip and Hollywood Hills.
I have special preferences for the house:
- Single family - 2 or 3 stories - Mediterranean ,Spanish,Hacienda,French,Tuscany,Contemporary or architectural style. - City lights or Ocean view - 4 or 5 bedrooms and 5 bathrooms - Balcony or terrace - Pool - Backyard - Fire Places
I have visited your website and could not get info enough about the homes and the city.So,I need more information about the sale homes on the market.Please e-mail me virtual tours or photos of the homes that fit my criterion.
i also need some magazines: - Homes And Land - Malibu Mag. - C Magazine. http://www.magazinec.com/ - West Hollywood Visitors Guide. - Where LA Broshure. - Beverly Hills Visitors Guide.
Could you mail these mags to my address via Ups or FedEx? P.S: I know the magazines from my L.A trip.
<<< He gives an actual address and phone number.>>>
Do you predict an uptick in the housing market in 2009?
In our capitalistic system, the pricing of all goods and services is set by the supply/demand curve. If supply drops and demand remains constant, or if supply remains the same and demand increases, prices move up. There is another curve known as the fear/greed curve. As people become fearful they will be left out or lose out, they make decisions accordingly based on anticipation of gain or fear of loss. We are already seeing improved volume in home sales; and some pundits say these two models combined will continue to improve home sales and stabilize pricing in 2009.
Hundreds of experts have expressed their opinions about the real estate market, and we certainly anticipate that the wild economic swings of the last 60 days or so will have an impact on both punditry and reality. Only the most pessimistic are predicting a further drop of 20% in housing prices while many are suggesting that we are at or very near the bottom now. And historically, we do not know that we are at the top or the bottom, whether it was the Tech Bust, Real Estate Boom or Bust -- for a good 6 months until we're well and good into it.
How does that effect potential buyers or sellers of a residence or investment property in the Los Angeles Market? For buyers, you may want to take heed of the old saying that no one can predict a bottom, you can only get close. The next several months should see the lowest combination of values and mortgage rates possibly for another generation. Make offers on homes today that you can see yourself living in for the next 10 years, and position those offers with a cushion taking into account your views on the pricing. Most buyers, no matter the scenario or economic climate, have a tinge of buyer's remorse. Keep that in mind as well and let it not cloud your pursuit of happiness in your new home.
Sellers, typically the first offer that comes in during a stable market is usually the best offer; however right now, that wisdom may not hold consistently true. Know who is interested in buying your home, how financially secure are they, and thoroughly scrutinize the offer and get your questions answered. There's no time to waste with the iffy-wishy-washy set.
It is not likely that prices will trend much higher before 2010 at the earliest, but there should be more activity in the first or second quarter of 2009. What do you think?
This is an almost magical time for real estate near the beaches of Los Angeles's West Side. In early 2007 there was almost no property in West LA, Santa Monica, Marina Del Rey, Venice, Playa Del Rey, or Culver City that was available for under $1m. Now, due to the housing bubble bust, there is a temporary once-in-a-generation opportunity to buy property at 30% to 50% off of those prices.
This is a once-in-a-lifetime opportunity for anyone who dreams of living within 5 miles of the shores of Santa Monica Bay. There are condos, town homes, lofts, and even single family dwellings in Santa Monica, Venice, Marina Del Rey, Mar Vista, Culver City, Playa Del Rey, and other West Los Angeles neighborhoods for $500,000 or even less. There are pitfalls to short sales, foreclosure, auctions, and Sheriff's sales, but there are bargains waiting for you if you have time and a bit of risk tolerance.
In this Video, Thuy takes a look at the current market in the Los Angeles beach communities like Santa Monica, Venice, and the Marina Del Rey. She also provides a brief update on the mortgage situation.
As you drive along Bundy north of Sunset in pristine Brentwood, this beautiful new construction awaits you. I had this home opened this past weekend, October 12, and was able to delight prospective buyers with the opportunity to live in this home. There is so much to love about this Mediterrean house, from the finest materials used to build the home such as handcut stone and mahogany wood, to the beveled glass and double-thick walls which minimizes noise. Visitors enter into a grand two story foyer and can look upward to the elegantly curved staircase that leads to the bedroom suites and additional family room on the second floor, or look to the right of the foyer to enter the formal living room and the richly appointed den. Walk past the foyer into the gourmet kitchen with Viking professional appliances and Grohe faucets throughout. Also on the first floor is a bedroom suite perfect for guests. The grounds consist of two levels of grassy yards and a tiled courtyard -- their placement provide the hosts with different and varied entertainment options. Across the courtyard is the media "room" which is a beautifully designed detached structure and includes a bar.
This home is listed by Sotheby's agent Steven Ito. Contact me at 310.591.4384 for more details.
The Marina Del Rey area of Los Angeles ranks among the most amazing places to live in the world. Ideally situated on the California coastline The Marina is considered a true Los Angeles gem with its collection of places to eat, outdoorsy things to do, and a lifestyle that is uncommonly relaxed. The Marina boasts excellent air quality, ideal weather year round, sand and sea at your feet, biking along the ocean, concerts in the park, and offers central access to the rest of the Westside and the Southbay.
Marina Del Rey is one of the largest man-made small craft harbors in the nation. The Marina accommodates more than 5,300 vessels, and offers comprehensive public and private boating facilities and services. Bordered by Venice, Santa Monica, and Playa del Rey, the choices of beaches, restaurants, night life, and other entertainment are almost limitless. In addition to people who live in homes on firm land, there are boaters who live life on their vessels and join the rest of us land lubbers from time-to-time.
The housing in Marina Del Rey is as varied as any small community. Single family dwellings are in short supply and top demand, although the surrounding communities of Venice, Mar Vista, Culver City, Playa Del Rey, and Santa Monica have an abundance. Condos are quite readily available and the options are many in price, style, building amenities, and views, views, views everywhere. From the highest floor in one of the Marina's newly built buildings, the lucky owner can see the expanse of the Los Angeles skyline and the edge of the Pacific Ocean. Keeping pace with the latest housing trends, the urban dweller can find themselves a nice loft. Or for those that love red tile roofs and Spanish influence architecture, Mediterranean homes can be found here in this little slice of heaven.
My specialty is Marina Del Rey. As a resident I know the places that make sense and the areas that are undergoing a Renaissance. I can help sellers to understand current market conditions on a street-by-street basis. And I can help the new resident find the best cuisine, places to picnic, and where to shop. Life in the Marina is very special. Join me. Call on my cell at 310-591-4384 to talk about the Marina and surrounding neighborhoods.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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