Ar_home_b_search
 

fake wifeThere are oodles of "don't do this" and "be sure to do that" lists available on the net for real estate advice but I thought I would rack my brain of 23+ years of real estate experience for a few ‘non-traditional' pieces of advice. Everything you are about to read is true. SOME names, however, are changed to protect the... the... less than smart.

Don't take a fake wife to closing. I had sold an investment property to this particular buyer a few years back. When the title department was preparing the closing paperwork, they discovered the buyer was married. They called him and told him he would have to bring his wife to closing to sign all of the closing paperwork. He arrived at closing with his wife, getting ready to sign all the docs. The loan officer, Ted, then asked them for photo ID to verify their identities. She said she forgot her purse at home. Ted said "No problem, run home and get it and we'll get back together in an hour." What followed was several minutes of eerie silence until the buyer finally fessed up and said, "Um, this isn't my wife."

So away they went and an hour later he did indeed bring his ‘real' wife to closing, not his girlfriend. But here's the kicker, It was the wife's idea not to come. She told him she was too busy and wanted him to take ‘Amy' instead... True story...

Tell your loan officer the truth (part 1). I had sold a house I affectionately called the patriotic house because every room was red, white, and blue. The buyer had a prestigious job at a large local railroad company and his loan application went fine, or so we thought. This was before loan officers ran full credit checks and did just ‘preliminary qualifications' with income, debts, and job history.

One of the questions asked as "Mr Jones, do you pay child support?" to which "Mr Jones" answered "No." Fast forward a week when the full credit report came in and he was over $30,000 behind in back child support payments. The loan officer called him on the phone and was told the following; "Mr Larsen, you asked me if I PAYED child support, not if I was supposed to pay it. I don't pay it!" You just can't make this stuff up!

Tell your loan officer the truth (part II). Same question, a couple of years later with a young couple in the loan officer's office when the following question was posed: "Are you obligated to pay child support?" He nodded yes while she nodded no... Turns out there was a little ‘Mr. buyer' running around that he failed to disclose to Mrs Buyer... They stepped out into the hall to have a discussion and never came back in... Guess that one should have been titled ‘telling your wife the truth'.. Yikes!

You never know who's watching... This story took place before the internet when we actually had big thick MLS books that came out biweekly with all of the homes for sale in them. All the info was turned in by the real estate companies but the MLS office took exterior photos of all the homes. One of the agents in the office had taken a client out to lunch whose house he had just listed.

When they got back, the MLS books had just arrived. Don said "Hey Charlie, I think your house should be in this issue." So they thumbed through the book and lo and behold ‘Charlie's house' was in there. Upon further inspection Charlie said "Hey, what's my boss's car doing in MY driveway?" Well, you guessed it, turns out Charlie's wife and boss had a little something going on. Apparently, the boss would make sure "Charlie" was busy on projects in the office for several hours at a time. Busted!

Watch future blogs for more stories about this nutty business. One thing's for sure, good market or bad, there's never a dull day in Real Estate!

Bill Swanson is an agent with CBSHome Real Estate, an affiliate of HomeServices and Berkshire Hathaway.

For more information, email Bill at Bill.Swanson@cbshome.com.

 
This post has been included in Nebraska Real Estate News

174 Comments on Don't take a fake wife to a Real Estate closing!

FEB
13
2010
119,248 Points 6 Featured Posts Localism Sponsor Outside Blog

Wow...I don't even know what to say to these except they provided a much needed laugh this evening. Thanks for sharing!

7:24pm • #1
FEB
14
2010
662,563 Points 113 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Bill, wow, now that was funny, all of them actually. Thanks for the laugh! People do the strangest things....A book is in order, or a reality real estate show... a real one though.

7:14am • #2

Bill - Great way to start the day.  These stories are excellent and SO true.  Isn't it amazing that no market is exempt from such outstanding human behavior!  

7:15am • #3

Great stories Bill. Thanks. People can have the most interesting approaches sometimes.

George Walsh
7:38am • #4
137,204 Points 2 Featured Posts Localism Sponsor Hit Router Called Shot Master

Thanks for a chuckle - you can't make this stuff up!

7:42am • #5
167,244 Points 3 Featured Posts Called Shot Master

Those are classic. All I can say is 'Yikes!'

8:06am • #6
482,152 Points 28 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Bill, you really can't make this stuff up! I don't think any of my stories could top yours!

8:13am • #7

Thanks for this post! It was a very entertaining read!

8:14am • #8
115,880 Points 2 Featured Posts

Yikes...sometimes you just have to shake your head.  I haven't had the fake wife at closing but have had the fake wife at listing.  Before I met with the out-of-town seller to list a piece of property, I checked the county records and saw his wife was also on the title so when he showed up with a woman, I thought she was the wife.  When she hesitated to sign the agreement, the truth came out. 

8:22am • #9
441,825 Points 20 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Good ones Bill you need to post this one to the Whacked Channel here on AR. 

8:23am • #10
123,278 Points 1 Featured Post

Wow! people never cease to amaze me. Very enjoyable read. Thanks for sharing!

8:23am • #11
306,902 Points 11 Featured Posts Localism Sponsor Outside Blog Hit Router Called Shot Master

Excellent. With today's market we all can use a good laugh. A little scary knowing they are true but humorous either way. Thanks Bill for brightening my day.

8:27am • #12

Oh my gosh did I enjoy these.  Very funny.  Can't believe the boss car in the picture.  Thanks so much for sharing.

8:28am • #13
Localism Sponsor Outside Blog

Bill, I am still laughing!

Happy Valentine Day!

8:37am • #14
Outside Blog

Those were very entertaining - thanks for the laugh. 

8:37am • #15

Bill,  great stories.  I particually like the learning curve of the loan officer (assuming it is the same loan officer) in how to ask the right question.

Thanks for sharing,

8:38am • #16
991,968 Points 8 Featured Posts Outside Blog Called Shot Master

Thanks for sharing. These tales will create many smiles today. Have a special weekend.

8:41am • #17
Attended Rain Camp

What a great business--don't you just love it? 

8:41am • #18
2 Featured Posts

Bill,

Like you said, you just can't make that stuff up.

8:41am • #19
286,614 Points 4 Featured Posts Outside Blog Attended Rain Camp

Great post.  Every closing attorney has stories like this.  One of my favorites is the husband who discovered that his wife had been married before when she had to sign the alias form at closing confirming all of her previous names.

8:44am • #20

Reading about these unusual, Crazy, stories.  A book that was published just last year is full of stories like this.  Its called ALL IN A DAY'S WORK FOR REAL ESTATE AGENTS by TC McClenning.

Ruth Parker
8:45am • #21
630,912 Points 12 Featured Posts Localism Sponsor Outside Blog

I have heard many stories where a male seller brought his girlfriend (not his wife) and posed as his wife at closing.  They closed the deal, took the proceeds check and bolted.  The wife had no idea until her husband never came home.  This is one of the reasons buyers and sellers need to provide a valid photo identification at closing.

8:49am • #22

Great stories.  Every time something crazy happens in my business, I say I should write a book.  I think we all could.  I'll have to check out the one by McClenning.

Kathy Healy
8:54am • #24
115,537 Points 2 Featured Posts Outside Blog

My, you HAVE had an interesting career!

8:55am • #25

Priceless! Great stories! We are blessed to be in a career that keeps us on our toes. Clients think we are being nosy ~ NOT ~ just making sure you exist. Have a great Valentines Day! Thanks for the laugh!

Diane Munton
8:55am • #26

I suppose it could have been much worse. Imagine if the wife had no idea.

8:57am • #27
848,742 Points 153 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Gosh you can't make this stuff up, can you?

My broker years ago told me about this guy sitting at the closing table, saying his dad was going to wire the money in.

His dad was God.

Guess what?

Dad didn't provide the money.

8:58am • #28
848,742 Points 153 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Gosh you can't make this stuff up, can you?

My broker years ago told me about this guy sitting at the closing table, saying his dad was going to wire the money in.

His dad was God.

Guess what?

Dad didn't provide the money.

9:01am • #29
848,742 Points 153 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Gosh you can't make this stuff up, can you?

My broker years ago told me about this guy sitting at the closing table, saying his dad was going to wire the money in.

His dad was God.

Guess what?

Dad didn't provide the money.

9:01am • #30
3 Featured Posts

Love the stories. I'm new to selling real estate so the more odd case scenarios I read the better I'm prepared.  Not to mention they are hilarious!

9:02am • #31
118,799 Points 2 Featured Posts Attended Rain Camp

Bill,

Great stories!  Question:  Do these people THINK before they ACT????

9:05am • #32

Wow. Love hearing these stories. Glad that I'm not telling them though...

Bernie
9:07am • #33

An escrow agent friend reads the obituaries daily to be sure none of her upcoming closings are actually deceased. This was her lesson learned after conducting a closing with the wrong person. The photo ID was even close enough to be convincing. The girlfriend in lieu of wife has been tried a lot.

9:16am • #35

Just reading stories like that make you feel so much better about yourself ya know?

9:24am • #36
588,234 Points 80 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp

Totally hysterical !

I have one to share with you.

It was a cash deal for a condo worth a couple hundred thousand dollars. We are at the settlement table. The Seller is coming from far away. They are a frail old couple, nervous, and emotional (tears in their eyes) in that they were selling their condo that they had owned as newlyweds. Buyer is a savvy investor, haughty, speaks varying degrees of broken English, but manages to understand every aspect of the transaction. The title clerk asks for the check from the Buyer... he pulls out a personal check book ! Our mouths drop open. This Buyer was told on several occasions to bring a certified check to settlement.

Well the Buyer walks out of the settlement saying he was never told to bring certified funds and why is his money not good enough for us and so on. He said he'd be back. So we are all sitting looking at eachother in the sttlement room not knowing if this guy is going to come back or if this entire deal was a scam.

Hours later, as we try to calm down the old couple and try to make sense of what just happened, we get a call from the Buyer. I can't get the money. We freak out and yell at him telling him he is a terrible person for torturing the Sellers and making a mockery of the Real Estate process. We turn around and there is the Buyer in the doorway, on his cell phone with us, with a certified check in hand.

Ws this a joke? Not funny!

9:31am • #37

All In A Day's Work for Real Estate Agents by TC McClenning is collecting stories for another edition I hear. You should definitely submit your stories for the next edition.  http://www.worklikeadogbooks.com/

Ruth Parker of Keller Williams Realty Midway PA
9:31am • #38
1 Featured Post Outside Blog

Good stories. We have a few of those around here in Ann Arbor.

Last week I heard that twice in our area bath tubs have dropped a few inches when a new homeowner moves in and fills the tub for the first time. That was after the homes were inspected! (Most inspectors don't fill the tub.) That would be an odd scene!

Ann Arbor's also had at least one closing where the "selling wife" was not the wife at all.

I can tell you I'm happy these stories weren't transactions we were involved in!

9:33am • #39
139,562 Points

Here's one for all listing agents out there- When you list a property, you might want to disclose the dead body buried under the tree- the monument kind of gives it away, but since it was covered by leaves when the Buyer made his offer, NOW we have a problem...

9:33am • #40
118,540 Points Attended Rain Camp

This was a hilarious post! (I re-blogged it)  It brought back memories of when I first started my career...

We had a seller show up at closing and when presented the non-marriage affidavit he said he couldn't sign it because he was married!!!

There was never a mention of the wife, she wasn't on the deed or tax rolls.  There was no evidence of a woman in the property.

Imagine our shock to discover she existed.  Finding her became the next challenge.   Closing was delayed a week, but it closed after we got her signatures.  Bottom Line, don't assume, be sure to ask!  Joy

9:35am • #41
Localism Sponsor

Bill, great stories, I even read them to my husband and we both had great laughs.

Thanks

9:36am • #42
153,861 Points 25 Featured Posts Outside Blog Attended Rain Camp

Love the stories - this was a fun post to read, even if the actual events were dreadful!  Thanks for a lighthearted post with timeless issues!

9:38am • #43

Bill,  Great laugh on Valentine's Day!  After 20 years in real estate I have dozens of hilarious stories too. In my opinion the human factor in real estate is the most important factor and that's what I love about this business. Every transaction is so different and depends totally on the personalities involved. Don't you sometimes feel like a psychologist and not a Realtor?  Hope you blog some more about this topic. We really enjoyed it.

Carol Oldham-KELLER WILLIAMS NASHVILLE-www.Homebasenashville.com

 

 

Carol Oldham
9:42am • #44
455,928 Points 6 Featured Posts Outside Blog

That's something else about the boss's car parked in the driveway.

I had a deal a few years ago where between the time the contract was signed and the closing happened, the seller got divorced and remarried to a new wife.  The old wife had to sign a quit-claim deed and the new wife had to sign the closing papers due to homstead laws.  Really weird.

9:53am • #46

Those were hilarious Bill.  Thanks for sharing.  These days, we all need a good laugh as often as possible.

9:53am • #47

What is so scary is that I can top those stories and one of them is not even publishable. :)

Tami Johnson
9:54am • #48
1 Featured Post

Very entertaining and funny... Thanks for sharing, I always love hear the crazy stuff people encountered.

9:55am • #49

This is PRICELESS!  Thank you for the Sunday morning laugh!

9:58am • #50

Good stuff.  You just can't make some of this up.

10:02am • #51
392,071 Points 4 Featured Posts Called Shot Master

These are great! I can't share mine, because most of my clients become my friends (especially the funny ones) and I'm afraid they'd see it on Facebook!

10:02am • #52

Very funny way to start my day.  People never cease to amaze me.  I have a couple of funny ones, too, but they weren't that funny when they happened.    Thanks for sharing yours.

Kathy Russell
10:06am • #53
Outside Blog

Real estate business, any business, is a great study into human behavior.   Your stories are great too, I really enjoyed them.

10:06am • #54

Bill, Great stories.  It never ceases to amaze me what people will do in the pursuit of a financial transaction.  This reminds me of some other shocking events I have run into at closing.  Thanks for a good laugh!

10:08am • #55

Very entertaining.  Thanks for the relief!

10:13am • #56
392,178 Points 11 Featured Posts Attended Rain Camp Called Shot Master

Bill, Thanks for putting the smile on my face.  Loved your stories, and no, I don't think you could make these up.

10:22am • #57

Bill, those are great stories! When taking bpo photos, I often wonder why so many vehicles or expensive vehicles are parked in the driveway , but yet the home is in pre-foreclosure.

10:26am • #58

These are priceless!!!  Thanks for the great laugh!!

10:28am • #59
463,432 Points 12 Featured Posts Attended Rain Camp Called Shot Master

I have long thought that we should compile these into a book.  We all have them, and you just really can't make this stuff up! 

10:29am • #60
140,412 Points Localism Sponsor

Bill--And I thought I had stories!  Those were some "winners"!  Yes, we should all get together and write a book!

10:37am • #61

Bill these gave me a good laugh.  This is a fun business and I agree with Tamara there should be a book!

10:39am • #62

Enjoyed the stories but REALLY loved the vintage looking mannequin head in the picture!

10:42am • #63
2 Featured Posts Attended Rain Camp

wow,  great list

10:55am • #64
2 Featured Posts Attended Rain Camp

wow,  great list

10:55am • #65

Great post, Bill.  Story one reminds me of a similar one told to me by a North Carolina attorney.  The difference was, when the Seller & girlfriend left to get picture ID and did not return, the attorney then saw the husband on the local news charged with murder of his wife, whom he had dumped down a well.  The husband and girlfriend were planning on using the proceeds from the sale to seriously "get out of town."

Turth is indeed stranger than fiction.

10:59am • #67

Funny stories...  I just run a boring real estate practicve and none of thos kind of things ever happen to me!

11:00am • #68

Absolutely Hilarious! My husband and I did have to mess with our broker on the sale of our last house, however it was not at the signing table and it was just between us. He also was our buying broker, so he threatened pay back,however he just couldn't do it. I also had to share these with my husband. Thanks!

11:01am • #69

Too Funny!  "Buyers (and sellers) are liars is true once again!

janet bishop
11:04am • #71

Great humorous post--and all I can add is just when you think you  have seen it all, they surprise you--again!

Melanie McLane
11:15am • #72
277,828 Points 45 Featured Posts Outside Blog

The title caught my attention as I once had a client who brought a "fake wife to closing"...I brought the real one and shocked the heck out of everyone :)

Actually he wasn't married. He bought the place with his girlfriend and tried to pass off his new girlfriend for the old one, not realizing they would check her driver's license.

It closed.

11:20am • #73
291,061 Points 1 Featured Post

Hi Bill.  Another to add to your list is never to take a listing from someone who isn't the owner.  I ran into that scam once and cut it off before ever understanding the motive.

11:22am • #74

Thanks for reminding us to be vigilant!!! I have never had anything like that happen with any of my clients (Knock On Wood!!), but I did have a transaction once where I had the buyer under contract. Everything seemed to be going very smoothly. Everyone was amicable only to find out during the title search that not only did the seller have unpaid back taxes, but also several liens - of ALL different kinds, one for a face lift, a tummy tuck, and many other things!!

These were sellers who appeared to be quite well off. Well off enough to ZERO out any equity they had gained and have to bring an enormous - and I mean ENORMOUS - amount of money to the closing table.

I felt very sorry for them.........but we still closed and the buyer very, happy with the house.

The sellers did NOT have happy faces at closing.

11:22am • #75

Funny stories.  Everyday is different and interesting.  Early in my real estate career I had a Seller that contacted me under a different name and wrote an offer on his own property.  He apparently was trying to borrow some money and thought with a property under contract that he could accomplish that.  It took me a couple of days to figure out what was happening and I quickly terminated the listing.  Most people that I deal with are good people but there are also scam artist out there.

11:26am • #76
Outside Blog

Crazy funny stories, though I must say I'm happier to read about them than to be living them; luckily my clients seem to be making better decisions (thus far!)

Best regards, Gretchen

11:27am • #77
813,943 Points 7 Featured Posts Localism Sponsor Outside Blog Called Shot Master

These are great.  I love it when the chickens come home to roost.

11:28am • #78

Sooo funny.  The last one was priceless.  Goes to show the truth finds a way to come out - if you ask the right questions.....or take the right photo! 

Lori
11:30am • #79
188,298 Points 2 Featured Posts

Gotta love the one with the boss's car in the driveway.  What a weay to get busted!

 

-

11:30am • #80
262,697 Points 3 Featured Posts Outside Blog Hit Router Called Shot Master

Bill - thanks for the laughs...it's amazing how crazy this business really can be!

11:41am • #81

ROFLMAO

11:42am • #82
194,057 Points 4 Featured Posts Outside Blog Attended Rain Camp

Great blog.  You couldn't make this stuff up.  Kee em coming.

11:44am • #84

Thanks for the Valentine entertainment;We all need a good laugh!

Deborah Stuart
12:01pm • #85
160,344 Points

I thought these things only happened to me.  I did have a buyer who I showed properties to and just days before closing found out that he was married.  Not to the woman who was with us at all the showing though....................chris

12:04pm • #86

Never had to deal with a fake wife but had a few buyers that were single at the time of contract then married at the time of closing.  What fun those are!

12:14pm • #87

I had a listing with a well know real estate wheeler and dealer in our area.  My broker and coworker was uneasy and checked the county records. It turns out he did not even own the property. His brother did.  Listing canceled. 

12:30pm • #88
215,190 Points 12 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Another reason to keep cars out of the photo of the front of the house. And some say the midwest is boring.

12:32pm • #89
2 Featured Posts

These are great!

Honestly, with the stories we could tell, I think we could have great sit-com that would NEVER be short of material. 

12:32pm • #90

Great stuff, very funny!

Will wonders never cease.....

1:52pm • #91

Hysterical! It is amazing the things people do!

2:37pm • #94
447,818 Points 36 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I was sitting in my office in Las Vegas one day when a lady(?) started shouting in the lobby. I went out to help. A tall woman was shouting and waving a credit report. Why had we pulled her credit?

As soon as I got her name I called escrow! I stopped the closing just as they were about to hand out checks.

I meet the guy several months later, I said something about how similar his women looked. He explained that he had the same surgeon rebuild them and the same hairdresser! I though I was talking to the fake from closing, but it was a different women, she didn't know, I got out of there as the fight started.

Bill

2:58pm • #95

Good Lord! I thought clients pooping in people's yards & vomiting in bank parking lots, or leaving the windows down during the monsoon season on my brand new car & filling it with water were stories, but nothing as good as the bosses car in the driveway...keep the great stories coming!

Sherri
3:06pm • #96
329,844 Points 20 Featured Posts Attended Rain Camp

Wow, two posts and one is featured! Great work. Hilarious stories. I can't wait for future editions. Keep it up!

3:19pm • #97
Outside Blog

So many things can happen to us as Realtors...I was showing property one day...years ago, the seller said I had to be there during a certain time frame because they had company. They were all going to be at the beach and that's the time I should show the property...We arrived when we were supposed to.  I knocked...inserted the key and we went in...The music was on and I commented how great it was for the owner to do that for us.

We were looking all around the condo making comments and then as we headed for the quest bedroom, I noticed the door closed, but didn't think a thing about it...I thought that what we would see when opening the door would be suitcases and perhaps a room with items all over, as that is not uncommon when people are living out of suitcases on vacation...hahahahaha, imagine my surprise when I opened the door...and I'll let your imagination take over from here...because you would be correct....I'm not sure who the couple was...but the owner should have told his company that there was a showing that day...after that, even if the property is supposed to be vacated during the showing time and I have a closed door...I always knock LOUDLY before I enter...

 

3:43pm • #98
328,573 Points 4 Featured Posts

Bill: Isn't experience a great voyage in learning about people?

Ty

3:45pm • #99

What a hoot.  Life is so much better than fiction.  Can't wait to read the sequel.

3:48pm • #100
275,853 Points 3 Featured Posts Attended Rain Camp

This is unquwestionably the funniest blog I have ever read. I thought I had some funny stories but yours put mine to shame.

 

Marcy

4:00pm • #101

I have a story to add, told to me by an attorney.

It was a cash deal, checks were in order, etc.  The buyers were asked for photo ID at

the closing and they said they had left them in the car and that they would get them.

They left the attorneys office and never came back!  I always wonder who they really

were ;-)

4:08pm • #102

My dad recalls a similar story- except that Mrs. Buyer apparently didn't disclose her previous marriage to Mr. Buyer until it came up on the 'alias' sheet for them to sign. Mr. Buyer got up and walked out, and they never closed...

Hard to imagine that kind of scenario, but they happen all the time!

 

 

Jen Wilton
4:11pm • #103

Nice change from the gloom and doom we have been hearing lately, great stories.

4:47pm • #104

Too funny!  As I was reading these hilarious happenings, I was thinking how glad I was that nothing like this has ever happened to me and then I remembered getting the call from a listing agent in my office asking if I realized that a guy I'd made an offer for on one of his bank owned listings had made an offer with another agent on the same property.  So I called the guy and told him there were mulitple offers on the property.  When he asked how much the other offers were for, I said   "Well, I know you know how much one of them if for! Since he was a foreigner he could speak another language to his wife which, of course, I couldn't understand.  Guess he thought since I worked for the same company I would give him insider information.  Maybe that works in his country but not for me!

4:55pm • #105

Great Post...there's nothing better than "Reality" Real Estate!

5:16pm • #106
457,013 Points 22 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Hi Bill - These sure are funny stories, and if we are in this business for very long we all will have stories that are funny to tell later, even though sometimes they don't feel very funny at the time.

When I was practicing law, I had a client insist she was telling me the absolute truth about how a certain situation arose that was the subject of litigation.  It revolved around whether she had had notice of something and she insisted that she hadn't.  When we got to trial and she was on the stand, she admitted that she did know of the situation!  We lost the suit, and afterwards I asked her why she didn't tell me the truth before trial so I could have prepared for it or given her different advice.  Her answer?  Because I wasn't under oath then.

So I guess some folks have different definitions of "truth."

5:29pm • #107

A transaction that WAS NOT MINE, However, this was ( several years ago) written up in the Miami (FL) business paper.

 

Mr. Jones ( I forgot the names) was married to a Sandra R. Jones.  They owned investment property together.

 

they had a bitter divorce, and could not agree on the values of the proeprties, nor anything else.  Now, these investment prroperties WERE RENTED, and throwing off good money.  Ad Mr. & Mrs. Jones had grown to hate each other.

 

The judge ruled, since they each owned half, when they decided to sell, they would each get half.  They agreed.

 

Mr. Jones, after the divorce, married a woman, named  SANDRA, with the middle initial R. Mr. Jones and his new wife then lsited and received an offer on the propefty.  mr. ( and the NEW Mrs. Jones) showed up at the closing, with a copy of the judges rder- that each shuld get 1/2 the proceeds.

 

The funds were dispersed that way.

 

Law suits followed.   I lost touch with what happened afterwards.  But, the closing agent DID distribute half the funds to A PERSON WITH THE (LEGAL) NAME OF THE PERSON IN THE JUDGE'S   ORDER.

5:36pm • #108

Bill - Too funny!! I chucked the whole way through your post. Thanks.

5:38pm • #109

Oh boy--and I thought I was unique! Back in the early 90's...I had a 'Mr. Smith Sr" sell his house and at closing (quite by accident) the name the seller was signing on the docs was 'Mr Smith JR."  This young man had SOLD his dads's house while daddy was wintering in Florida. If he hadn't made the mistake of signing his REAL name, the buyer's would have moved in and thought they'd bought a house!! You really have to love the ingenuity of your loved ones...........

Cathy Vicsik
5:42pm • #110
1 Featured Post Outside Blog

People, people, people...great stories, Bill!

5:42pm • #111

This happened to me when I was first licensed, around 1980 or 81.  A man called about an ad in the paper, on a specific home.

 

He said that he was the Reverend Smith, and that he and Mrs. Smith that night.

 

We met, and the Reverend Smith told me that eh was a part time minister; the rest of the time he worked for the phone co., and that he missed being All American in college by a little bit, but made all-state 3 years running.  (I might add that Rev. Smith was about 6'6', and 290 pounds of solid muscle).

 

I showed them the house, and he  (and mrs. Smith) liked it, especially the extra large master bedroom.  They then asked, after we left, if they could come back the enxt night, with someone else.  I made the arrangements, and the next night, there was Rev. smith, Mrs Smith and  MRS. SMITH.

 

Rev Smith told me, that his church allows ministers to have up to three (or was it 4) wives, but he felt that two is plenty.  He needed an extra large bedroom, because they all stayed/slept in the same room.  And he was buying VA, with his wife's income (wife 1) (although he could have qualified on his own), but he wanted both his wives on the deed/title with him.

 

This deal did close.

5:45pm • #112
194,057 Points 4 Featured Posts Outside Blog Attended Rain Camp

I had to come back and read more of these funny stories.  great post.

5:56pm • #113

Terrific Stories, Bill.  There must be something in that Omaha water! 

Elaine Sternquist, Northern California Brokers, Pleasanton CA
6:09pm • #114

Bill those stories were funny.  It is amazing what some people will do.

6:13pm • #115

Too funny!  I love the one with the way-back-when MLS books.  How did you ever find these?

6:44pm • #118
2 Featured Posts Attended Rain Camp

It is always good to laugh. I forwarded the link to one of my clients. Can't wait to read your future blogs.

7:13pm • #119
1 Featured Post Localism Sponsor

Very entertaining!  Congrats on making the newsletter headline and very well deserved. 

7:21pm • #120
144,443 Points 1 Featured Post

That is hysterical!  I honestly have not had anything like that before!  I still have a long way to go in my career though!

7:30pm • #121

Two comments

 

and I apologize for spelling errors- my keyboard sticks.

 

The email from the Miami paper about Mr. Jones and the second wife with the same first name and middle initial.

 

The email about the Rev Smith with the two wives.

 

Were Mine.  I forgot to put my name at the top.

 

I also sent in another one, about a Miami scam- but I do not see it.

Joel
7:38pm • #122
569,934 Points 100 Featured Posts Localism Sponsor Outside Blog Hit Router

I have a few good stories myself, but have yet to have a fake wife.

7:49pm • #124
Outside Blog Attended Rain Camp

Great stories.  That's one thing I love about real estate - never a dull moment!!!

Karla Casey, Principal Broker

7:49pm • #125

With all the blizzards we've had in Maryland over the past 8-9 days, we're all just able to get out and get back to work, and these funny stories were a great lift!  It also make me feel better to know I'm not the only one that knows of these kind of situations! Been doing this over 30 years and the questions we need to ask clients and customers and the documentation we need to ask for... the list just keeps growing and these stores are why!!!  These stories are actually great examples to show clients that complain about all the documentation they need to provide!!

Leah Knoerlein
7:54pm • #126

Some years ago, I sold an reo property that ahd been around for a long time, to a client of mine, in a cash deal.  The regional fix it man for the lender was impressed (it had been for sale with "top agents" for about two years- and neevr an offer; i sold it after the 4 or so listing expired).  Anyhow, Mr. Fix It called me early (I MEAN EARLY LIKE 6:30 AM) and asked if I would like to make $X hundred for attending a closing.  I said yes.

 

The property ws being foreclosed upon by Mr. Fix It's firm, against a Mr. Johnson ( names chnged-I don't recall them, anyhow).  A title co. called Mr. Fix It at 5 or 5:30 the night before, that Mr. Johnson as selling the house to Mr. Robertson, and there was enough money to pay everyone off, and the buyer and selelr wanted to close at the enxt morning.  There were no real estate agents or brokers involved.  Mr. Robertson had new financing in place, and Mr. Johnson (the seller) was holding escrow.  Could Mr. Fix It bring the satisfaction, and was the payoff $Z.

 

Mr. Fix It confirmed the payoff.  The deal 9with me)-I turnover the satisfaction AFTER I GET, AND ONLY AFTER I GET A CASHIER''S CHECK OR A CERTIFIED CHECK, AN ESCROW ACCOUNT CHECK FROM THE TITLE CO. WAS NOT AN OPTION.

 

I agreed- the closing was in the next county.  I picked up the satisfaction; and the payoff figures, and went to the closing.

 

Entering the title co. office, there was a very obese man reading a foregin language newspape.  I rang for a receptionist, and said I represent The Mortgage Co., and had the satisfaction-- which I showed her, from a distance.  She (the receptionist-who was also the closing agent, as I discovered) said that she thought the man reding the paper was there for the closing.  She asked, "are you here for the Hohnson/Robertson closing?".  he replied, "Yes".  She asked, are you Johnson or Robertson, and he again said "Yes".  he walked up to the woman, and reaching into 1 pocket, produced a driver's lcinese and Social Security card in the name of Johnsom, and then into another pocket, another wallet, and a driver's lcinese in the name of Robertson, a Social Security card in that name, etc.  (Different first names and addresses, incidentally).

 

the woman, without batting a (false) eyelash invited the two of us in to the closing rom, nd proceeded to read the HUD 1 to first the 'seller", then the "buyer", calling the peron by the right name, and going over each item.  I was aksed to witnes something- I refused.  She called in someone, (in a foregiin language-which I did not and do not speak) and that person signed without hesitation; the papers were notarized.

 

I got the cashier's check, for the right amount, gave the closing agent the satisfaction- nd asked for and received a receipt for it.  (They played spite, made me give them a receipt for a check made out to a mortgage co., whwich I gave). and left.  Saw mr. Fix It, gave him the money, and told him about the closing.  he, to p ut it mildly, freaked out  He paid me, and for a few years (until the firm merged and Mr. Fix It retired), I was their reo broker for two counties. 

 

(For several years afterwards, mr. Fix It and I exchanged cards and phone calls, and always talked about the closing-one man beig the buyer and selelr under different names- and a closing agent closing it).

 

Only (I think) in Miami, FL.

Joel
8:00pm • #127
2 Featured Posts

Bill, this is soo funny!

I bet we all have a few of those stories & the compilation would make a bestseller!

8:04pm • #128
135,575 Points

Wow my favorite is the last story. As they say a picture is worth a thousand words.

8:08pm • #129
243,951 Points 9 Featured Posts Called Shot Master

Wow!  These are great!!!!  I'm must have some boring transactions here in New Jersey!  Keep em coming!!

8:10pm • #130
476,702 Points 18 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Great blog-- you will go a long way in ActiveRain, and in RealEstate with a good sense of humor!  Congrats on the feature-- loved it!!  Kathy

8:13pm • #131

I love your anecdotes and I love that you call the first house the "patriotic house." It is always a fun to name the houses that stand out. They tend to stay with you in great detail for years. Thanks for the comedy relief today.

8:19pm • #132

LOL!  This is so true.  You really CAN'T make this stuff up!  I've often threatened to write a book of my own "Adventures in Real Estate!"

9:24pm • #133

Good Times!

For someone!

Dale Rogers
10:50pm • #134
186,349 Points 2 Featured Posts Called Shot Master

This is good stuff Bill. I can't wait for more.

11:13pm • #135
FEB
15
2010

Thanks Bill. In these times when we worry whether or not we will actually close walking into the lawyer's office, this post is a needed stress release! Better than the comics; can't wait for the next installment.

12:58am • #136
511,758 Points 41 Featured Posts Outside Blog Called Shot Master

What a great group of stories to start my day. Thanks Bill.

4:37am • #138
129,071 Points 5 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

OOOPS...in all cases! Lies will always come back to bite you sooner or later!

6:52am • #139

Gee, I feel kinda boring now.  I've never had anything that crazy happen at any of my closings.  Guess I better double my production so I can write a fun blog like this one.

 

Thanks for the motivation.

7:58am • #140
107,843 Points Called Shot Master

The truth is always stranger than fiction. You made my day. The best is the boss story. Thanks

8:38am • #141

Oh that was HILARIOUS!  Thanks for the laugh!

8:38am • #142

Thanks to all for the great stories, I have a great laugh.

Jacquie Tolstyka
9:45am • #143
154,402 Points 4 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Thanks for the laugh...the things people do never cease to amaze me

10:00am • #144
615,359 Points Localism Sponsor Outside Blog

We had one once where the guy said he did not have a wife, but title records showed that he did -- seems he was from one of the countries where a guy can simply say 3 times" I divorce you" and poof, he no longer has a wife. Had to be explained to him in the USA that things do not work like that -- and the wife had to be located to sign docs. Takes all kinds.

11:35am • #145

here is another one...  Hey Realtors,  dont ask for anything of value from your loan officer!

Its illegal!

laughing
12:19pm • #146

Boy!  I cant tell you how many Realtors EXPECT to receive compensation of some sort for a mortgage contact

12:22pm • #147
113,681 Points 4 Featured Posts

I don't know which is funnier...the actual blog or all the stories in the comments. way to go!

1:20pm • #148
132,805 Points Outside Blog

You can't make this stuff up! Is it such a bad thing that we don't have those MLS books anymore?

1:57pm • #149
3 Featured Posts Outside Blog

The best way to avoid this is not cheat on your spouse.

2:44pm • #150
Outside Blog Attended Rain Camp

Thanks for the laugh!! It's been a challenging  day and I need it!!!

4:22pm • #151

This business, like most, is about people and people can make us laugh or cry! I am laughing today - thanks!

4:22pm • #152

Upon listing a home the husband informed me that he would be leaving town to work and the wife would stay until it sold. After finding a buyer and being near close of escrow I agreed to do a walk through for the out of town buyer. This tells you it was long ago as I would not do that on a bet now days. Anyway As I knocked on the screen door (the inside door was open) I could see in and the master bedroom door was closed. Soon the master bedroom door opened and out came the still sleepy wife in a robe or PJ's I forget. She told me to proceed with the inspection but wait till last to do the master. As I went through my check list, a man I did not know came out of the same bedroom. I just continued as if nothing was out of the ordinary, Again as I continued my check list a woman I did not know came out of the same room. Now it was getting more difficult but I managed to complete my inspection and left pretending like I had not noticed, while the three sat drinking coffee at the kitchen table. Many months later I received a call from the husband who informed me he was divorcing and wanted some dirt on the wife. I must be getting old because all of the sudden my memory failed me! Some times it doesn't pay to get involved I was sure this had to be one of those times. 

Joel Lawson
4:25pm • #153
162,900 Points 27 Featured Posts Outside Blog Attended Rain Camp

That is awesome!!! Are you sure you didn't make some of this up? Nah, impossible. What if I brought a fake wife to a client's closing? They won't ask me for ID. LOL  Good post, loved it.

4:45pm • #154
1 Featured Post

Wow, so many great and humorous stories! Thanks so much for sharing your own crazy mishaps. I am definitely ordering the McClenning book this week!

5:27pm • #155

I now have really good reasons when I explain to my clients why they need to have their photo ID with them at closing. 

Your stories are hysterical!  And I know we all have similar stories from accidentally rolling an automatic car window on a Buyer's hand to finding strange cars parked in the driveway in the middle of the day when the other spouse is at work or out-of-town, and you have an appointment to show the house!!  Time does get away from you, doesn't it?!  What else can you say?

I think we can all write a book.

CaroleWilliams
7:59pm • #157
FEB
16
2010
1 Featured Post

Great stories!

Personally I haven't had any such experiences but a friend in my office had one.....she took a young couple out to look at houses.  As was her habit, she let them wander through the house on their own to get a feel for the property.  After a few LONG minutes with the couple not returning to her in the main living area, she went to find them.  Find them she did.....trying out the master bedroom!  She told them to put their clothes back on and meet her downstairs.....

That's the last time she allowed clients to wander a house on their own!

10:31am • #158

Wow LMAO.  You just can't make this stuff up.

10:36am • #159

Wow LMAO.  You just can't make this stuff up.

10:37am • #160
114,650 Points

You should ask every agent you know to write a paragraph about their experience and you would probably have one of the greatest real estate guides ever.

1:35pm • #161

This is really a mortgage story- (I am also a mortgage broker).  One Sunday, a lawyer friend of mine, in a small firm (I was the "official" real estate broker for the entire firm- which was two lawyers and one full tiime and one part time secretary) and I met to discuss  an  upcoming closing of an estate condo.

 

The attorney was wearing a pair of shorts, tee shirt and sandals.  (The office was a block from the beach)  I was wearing slacks and a sport shirt.  The door was open, and an older man (looked to be about 70 or so) walked in- asking" is there a lawyer present?".  The laawwyer said, "yes"; the man then turned to me, and asked if I do foreclosures.  (He was carrying a large file).  The attorney said, "yes:, and the man continued to address me--he had a 2ND,3RD, 4Th, and about 10 or 15 (no exaggeration) other mortgages on a waterfront property, (I have never- beofre or since- seen or heard of a property with about 20 or so mortgages).  Most were small- several hundred dollars to a thousand or two. The attorney reviewed the paperwork - all were signed by the owners (husband and wife), and recorded.  The attorney then asked, " why all of these small amounts?"  "To me, " he continued, " it looks like you are a small time drug dealer, and these were small time dope deals".  (This was Miami).  The man looked hurt and upset.  He took his papers and screamed, "how dare you, how dare you call me a drug dealer.  I am a pimp.  These bills were unpaid when I provided- depending upon what they wanted, a guy or a girl for a threesome".

 

He stormed out of the office.  Never to return.

 

But, the story had a happy ending- I knew the owners name and address, and stopped by- omitting the man- and offered to refinance their home- which I did.  (I said I was looking through tax records- the Internet was not yet what it is now  and came across all  of the encumberances).

Joel
3:00pm • #162
128,998 Points 13 Featured Posts Outside Blog

LOL! We all have so many stories to tell...some are not always good, so it is nice to read some funny ones.

3:09pm • #163
1 Featured Post Localism Sponsor

You never know when suddenly at the closing table your clever buyer /seller will become an instant fool.

I would ask what are they thinking but I know that they really are not even close to thinking.

8:03pm • #164
FEB
17
2010

Quite enjoyable.  Humor is always a great antecdote for those "never-a-dull-moment days!

8:18am • #165
128,250 Points Localism Sponsor Outside Blog Attended Rain Camp

Thanks to all for sharing! Very enjoyable and certainly makes the abnormal happenings (at least for me) a lot more bearable.

Bruce

 

9:27am • #166
FEB
18
2010
3 Featured Posts

WOW!  LOL, thanks for the humorous in the trenches stories! Keep them coming!

11:56am • #167
FEB
20
2010
3 Featured Posts Outside Blog

Hilarious.  We should think about collecting stories like this from around the country for a comical book about our profession.  Thanks for the post.  It helps to add a little humor to my business reading for the day!

1:21pm • #168
208,177 Points 6 Featured Posts

I'm a little late reading this, but the title grabbed me so I saved it for when I had time. Hilarious! You just can't make this stuff up.  We should have a group titled "You Can't Make this Stuff up!"

4:22pm • #169
FEB
21
2010

Great stories, great laughs.

1:56pm • #170
MAR
20
2010

Ok, your blog is hilarious!!  It doesn't surprise me a bit, people lie all the time - I don't know why though, they must think realtors and loan people are stupid.  I can laugh at other people's funny situations, but if it was me at a closing I would be pretty embarrassed. 

4:13pm • #171

This is not funny- but a feel good story.

 

I was asked by a PMI firm to do a bpo, and also see the interior- thre was a tenant.  The PMI firm gave me a phone number, and I called one evening.  The tenant was a pleasant lady, and invited me to come over the following evening.

 

Now, a few weeks before there was a major college football game, and the hero was a small, substitute ( who rarely played) and (as I recall) he intercepted a pass and returned it for the winning tochdown-.

 

He became a local hero, and the fact that he was small (well under 6') added to the glory.

 

Anyhow, I go to the condo, and there is the lady I spoke to, and her mother, who was in her 70's or so.  And about a dozen photos of the hero in the game mentioned above.  I inquired, why all of the pictures.  The woman said that he is ehr nephew-her mother's eeldest grandson.  I suggested that she might want to buy the unit- and she was for it.

 

I called the PMI firm, and then we had a 3 way with the lender (portfolio lender- anyone besides me rememebr them?).  I told the lender the situationm, and my values. In passing, I mentioned that the woman and her mother were the aunt and grandmother of X, the hero of the game.  The lender then said--"OK, here is the deal- if the PMI firm approves- price $Y ( my bpo price-which was accurate); the lender will finance 90-95%; will eat closing costs; only pre-paids and down payment,  IF THE WOMAN WOULD GET AT LEAST 1 AUTOGRAPHED PICTURE OF THE HERO (of the football game)  with something to show it was to his young son.  This was the strangest thing (condition) I ever heard of, and asked why- before the pmi firm could.  The resposne- his son was a runt- small, very small, for his age; other kids always made fun of him.  When this guy became the hero-of the game, he bacame this bank official son's hero and idol- and role model- if this small guy can do this to win a football game, he ( the bank official's kid) can do anything.

 

Deal closed; I got a full (double/both sides) commission; all were happy.  (The football player gave about 6 or 10 pictures, all in different poses, all signed in BLUE ink, so all could see that they were real and not photocopies.  I think the player also met the kid, to give him a pep talk.

Joel
8:30pm • #172

This is not funny- but a feel good story.

 

I was asked by a PMI firm to do a bpo, and also see the interior- thre was a tenant.  The PMI firm gave me a phone number, and I called one evening.  The tenant was a pleasant lady, and invited me to come over the following evening.

 

Now, a few weeks before there was a major college football game, and the hero was a small, substitute ( who rarely played) and (as I recall) he intercepted a pass and returned it for the winning tochdown-.

 

He became a local hero, and the fact that he was small (well under 6') added to the glory.

 

Anyhow, I go to the condo, and there is the lady I spoke to, and her mother, who was in her 70's or so.  And about a dozen photos of the hero in the game mentioned above.  I inquired, why all of the pictures.  The woman said that he is ehr nephew-her mother's eeldest grandson.  I suggested that she might want to buy the unit- and she was for it.

 

I called the PMI firm, and then we had a 3 way with the lender (portfolio lender- anyone besides me rememebr them?).  I told the lender the situationm, and my values. In passing, I mentioned that the woman and her mother were the aunt and grandmother of X, the hero of the game.  The lender then said--"OK, here is the deal- if the PMI firm approves- price $Y ( my bpo price-which was accurate); the lender will finance 90-95%; will eat closing costs; only pre-paids and down payment,  IF THE WOMAN WOULD GET AT LEAST 1 AUTOGRAPHED PICTURE OF THE HERO (of the football game)  with something to show it was to his young son.  This was the strangest thing (condition) I ever heard of, and asked why- before the pmi firm could.  The resposne- his son was a runt- small, very small, for his age; other kids always made fun of him.  When this guy became the hero-of the game, he bacame this bank official son's hero and idol- and role model- if this small guy can do this to win a football game, he ( the bank official's kid) can do anything.

 

Deal closed; I got a full (double/both sides) commission; all were happy.  (The football player gave about 6 or 10 pictures, all in different poses, all signed in BLUE ink, so all could see that they were real and not photocopies.  I think the player also met the kid, to give him a pep talk.

Joel
8:30pm • #173
APR
08
2010
1 Featured Post

Just too funny. While I can't believe that people really do this, I CAN believe that people do these, and other, crazy things.

12:06pm • #174
JUN
16
2010

Now read in your best Paul Harvey voice. LOL. I cant wait to tell at the next NTR outing....

Tim Peach
12:48am • #175

Now read in your best Paul Harvey voice. LOL. I cant wait to tell at the next NTR outing....

Tim Peach
12:48am • #176

What does the graphic say?

Leave a response…



(optional)
What does the graphic say?
 
New_hd_photo Rainmaker_large

Bill Swanson - Omaha Homes For Sale (402) 964-4871

Omaha, NE

More about me…

CBSHome Real Estate

Address: 13110 West Dodge Road, Omaha, NE, 68154

Office Phone: (402) 964-4871

Email Me

Omaha Real Estate One stop shop for all of your Real Estate needs. Twitter Button from twitbuttons.com


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find NE real estate agents and Omaha real estate on ActiveRain.