Yesterday, I posted CBS Special Undercover Investigation: Foreclosure Scams  as an advance notice that CBS in Los Angeles was airing a special investigative journalism piece on those who are trying to commit fraud on those about to lose their homes to foreclosure.

Well, it was past my bed time, but I did record it.  Unfortunately, I am not technically advanced enough to embed the video here in this blog, as several had requested - but I can do the next best thing and that is supply a link to the actual story as it is found on the CBS2 web site.

This is only about a 2 or 3 minute video - but very revealing as to how low some will sink.  What really bites is they start off with a REALTOR® who did nothing wrong, other than making a referral to a scam artist.

Check out the complete story here:

http://cbs2.com/goldstein/david.goldstein.real.2.596324.html

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty


Author of "What You Need to Know...About Foreclosure and How You Can Stop It!" - If you are a Hemet or San Jacinto Homeowner please call (951-443-6259) for your free copy.

This blog and the contents written here is the intellectual property of John Occhi, Hemet California REALTOR®.  The views and opinions expressed are just that - views and opinions of John Occhi and those who comment.  Please note that I am not an attorney or a tax professional and any time I discuss either topic, I suggest you consult with the proper professional for relevant assistance. 

This blog is part of the ActiveRain Real Estate Network, which is a social network highlighting the best of Web 2.0.  Information is provided with the intent of educating and assisting home owners, home sellers, home buyers and real estate investors with information the can be used to make better real estate decisions. 

I am proud to be a full time REALTOR® with Mission Grove Realty who is proud to be a contributing member of the ActiveRain community.

Until Next Time, Have a Blessed Day,

John Occhi, ePRO & Five Star Certified REO REALTOR®
www.JohnOcchi.Com
Hemet - San Jacinto Valley, CA 
The Excellence in Real Estate Team @
Allison James Estates & Homes
2281 W. Esplande Ave, #102-B
Next to "Starbucks"
San Jacinto CA 92582
(951) 654-5550

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This blog and the contents written here is the intellectual property of John Occhi, Hemet - San Jacinto Valley REALTOR® in the South West Riverside County region of the Inland Empire of Southern California.  The views and opinions expressed are just that - views and opinions of John Occhi and those who comment.  Please note that I am not an attorney or a tax professional and any time I discuss either topic, I suggest you consult with the proper professional for relevant assistance. 

This blog is part of the ActiveRain Real Estate Network, which is a social network highlighting the best of Web 2.0.  Information is provided with the intent of educating and assisting home owners, home sellers, home buyers and real estate investors with information the can be used to make better real estate decisions. 

I am proud to be a full time REALTOR® who is proud to be a contributing member of the ActiveRain community.

 

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16 Comments on Foreclosure Fraud - Aired on CBS last Night

NOV
27
2007
165,557 Points

Thanks for the link, John.  I'm glad you posted it.

4:56pm • #1

John,

We have had some issues with our local newspaper and the blog they publish.  Some comments have caused the mayor to have a body guard.  I'm concerned about the liability.

Can I copy your disclosure and use it as my own?  With your permission of course.

10:00pm • #2
170,239 Points 17 Featured Posts Localism Sponsor Outside Blog

John,

Thanks for the link.  It was difficult to watch, but I'm glad I did.

11:30pm • #3
NOV
28
2007
225,491 Points 8 Featured Posts Localism Sponsor Outside Blog

 Brian Sharkey Real Estate Team - It is amazing the extremes people will go to.  Feel free Brian to modify my disclaimer and use it as your own.

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

12:11am • #5
225,491 Points 8 Featured Posts Localism Sponsor Outside Blog

Fran Gatti - Crescent City, CA - you are right, it was not very pleasant - but then again I guess we have a responsibility to know what goes on in our industry.

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

12:12am • #6
Thanks for posting this John
12:45am • #7
225,491 Points 8 Featured Posts Localism Sponsor Outside Blog

 Mark Pandzich - Glad to be of service, hopefully you got something out of it.

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

12:53am • #8
Localism Sponsor Outside Blog

Wow...

good info but as per usual the press sure puts a spin on things... the criminal is the same as the agents that are truly trying to help???  The one poor guy could not even get a word out... 

They are in FORECLOSURE!!!  They just may HAVE to SELL their home!?!?  I guess the news would rather have the home sold on the steps and them put out by the sheriff???

Good info, thanks.

Mark Ryan

1:00am • #9
225,491 Points 8 Featured Posts Localism Sponsor Outside Blog

 Mark Ryan - The media is always kicking the real estate industry (which I don't understand when you consider how much money this industry generates for the media).  In this case though, there needs to be some kicking done - for example the $1500 a month scam artist who represents himself as having a brokers license - failing to mention that it had been surrendered for fraud!

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

8:08am • #10
NOV
29
2007
140,705 Points 1 Featured Post Outside Blog
John-That video is pretty sad.  Those agents are really out there preying on people who are just trying to honestly save their home and all these idiots are looking for is to either make some money or get a listing agreement signed.  They sure are desperate.  They are an embarrasment to our profession.  Aloha.
1:50am • #11
225,491 Points 8 Featured Posts Localism Sponsor Outside Blog

1SG (Ret) David J. Kucic Hawaii Relocation/VA Expert

Aloha Top,

There really are all levels of players in this world, aren't there.  It would be nice to think that all of the bad guys in this world are in Iraq or somewhere...but it just isn't so, now is it?

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

 

9:16am • #12
DEC
01
2007
643,659 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router
John- I do not watch the news anymore. Thank you for posting this. It is important for us as professionals not to participate in know fraud. Katerina
2:37pm • #13
225,491 Points 8 Featured Posts Localism Sponsor Outside Blog

Nestor & Katerina Gasset, Realtors® Wellington Florida Luxury Homes - Absolutely, And I understand what yo mean by the news - I rarely watch it.  This segment was advertised during prime time the night before - so I set my TiVo - got what I wanted and then oooked for the link.

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

11:08pm • #14
DEC
04
2007
Outside Blog

Unbelievable....nothing like kicking somebody when they are already down....Thanks for the link.

 

12:08pm • #15
225,491 Points 8 Featured Posts Localism Sponsor Outside Blog
Terry Osburn, Broker Associate - I know the world produces evil - like Hitler, Stalin, Edi Amin and many others - but when REALTORS start don't the type of things depicted here - they fall into the same class of person, in my book.  fortunately, they don't have the same power.

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

1:37pm • #16

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John Occhi, ePRO, Hemet-San Jacinto CA Real Estate, 951-443-6259

Hemet, CA

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