Agent Offers To Submit "Ghost Offers" (fake offers) To Delay Foreclosure

By
Real Estate Agent with The Homefinding Center CA BRE #01344132

The wonders never cease.  I was cruising Craigslist today and noticed an advertisement by a person claiming to be capable of amazing, inconceivable things to assist homeowners in fear of foreclosure.

___________________________________
Here's an excerpt from the ad...

Unscrupulous Agent Ad
___________________________________

Among other things, this person claimed that they could delay foreclosures by submitting fake offers to the bank with the short sale request.  You've heard of bank fraud... this is a whole new way to defraud the mortgage companies and mortgage servicers.  I don't know if this is criminal behavior, but it definitely falls under unethical behavior.

The next question that came to mind was, "Is this person a licensed real estate agent?".  If so, I'm certain the DRE would be very interested to know of this behavior.  I emailed to ask... the answer was quickly returned, "Yes" and I can help you with all of your short sales, save you time, etc.

HOLD IT RIGHT THERE SISTER!

Not only can you not help my team with short sales (of which we have 20+), you cannot do what we do, as well as we do, as successfully as we do.... What you do is something that would cause the Department Of Real Estate to relieve you of your license if they knew.  I'm sure someone will notify them soon enough.


Get FREE help with your Southern California Short Sale or Loan Mod from a reputable company here --> FREE FORECLOSURE AVOIDANCE HELP

Comments (8)

James Muhammad
RE/MAX Champions - Upland, CA
RE/MAX Vision

All I can say is Wow! Is that even legal. I didn't know agents would do something like that. Very good article.. Thank!

Aug 31, 2011 07:35 PM
Cameron Novak
The Homefinding Center - Corona, CA
Featured Corona Real Estate Agent Team

Thanks for stopping by James.  If I had to guess, I'd say it must be illegal according to some law somewhere.

Aug 31, 2011 07:38 PM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Cameron, that's scary. Thanks for the alert. This is a good warning to homeowners.

Aug 31, 2011 07:39 PM
Cameron Novak
The Homefinding Center - Corona, CA
Featured Corona Real Estate Agent Team

Hi Pam... good to see you.  thanks for stopping by.  Incidently... this person is in your city.

Aug 31, 2011 07:41 PM
Tom Meyer
Exit Advantage Realty - Dallas, TX

Cameron,

That person has forgotten about be honest and ethical.  Keep doing it the right way. Lets get rid of the bad apples.

 

Aug 31, 2011 10:39 PM
Harry Logan
RE/MAX executives realty - Winnipeg, MB
Your Satisfaction is Guaranteed!

WOW!

Cameron, I hope that "someone" who will "notify them soon enough" is going to be YOU.

I agree with Tom above, Let's get rid of the bad apples.

Aug 31, 2011 11:45 PM
Cameron Novak
The Homefinding Center - Corona, CA
Featured Corona Real Estate Agent Team

Thanks for stopping by Tom. 

I'm too busy for that Harry, but I'm sure it will happen soon enough.

Sep 01, 2011 06:31 AM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Cameron, wow! There's so many of us, I wonder who that could be?!! I'll take a look on Craigslist. It's unfortunate to have these agents ruining it for those of us who want to do short sales honestly.

Sep 07, 2011 08:30 PM