Talk2Terrie

2010-03-14T14:19:00.001-04:00

People need to be cautious when posting rental properties and real estate on-line. Rental scams occur when the owners (victim) has rental property advertised and is contacted by an interested party. Once the rental price is agreed upon, the scammer forwards a check for the deposit on the rental property to the owner (victim). The check is to cover housing expenses and is, either written in excess of the required amount, with the scammer asking for the remainder to be remitted back, or the check is written for the correct amount, but the scammer backs out of the rental agreement and asks for a refund. Since the banks do not usually place a hold on the funds, the owner (victim) has immediate access to them and believes the check has cleared. In the end, the check is found to be counterfeit and the owner (victim) is held responsible by the bank for all losses.

The other type of scam involves real estate that is posted via classified advertisement websites. The scammer duplicates postings from a legitimate real estate website and reposts the ads, after altering them. Often, the scammers use the broker's real name to create a fake e-mail, which gives the fraud more legitimacy. When the tenant (victim) sends an e-mail through the classified advertisement website inquiring about the home, they receive a response from someone claiming to be the owner. The "owner" claims he and his wife are currently on missionary work in a foreign country. therefore, he needs someone to rent their home while they are away. If the tenant (victim) is interested in renting the home, they are asked to do one of two things either send money to the owner in the foreign country or to go to a website for a credit check which of course tenant is ask all personal information then scammer can steal their identity.
As a Realtor I have had scammers copy my listing and post it on craigslist as a rental wanting people to go get the credit search done and I have had them contact sellers wanting to buy their home for full price and send a bank check for over the amount and the seller to refund them the overage back. Please be VERY careful on such sites.

Terrie Fuehrer
386-677-8188 Direct Line]
Remax Property Centre
www.Talk2Terrie.com

If you have been a victim of an internet crime, please file a complaint with the Federal Bureau of Investigation Cyber Crimes Unit at http://www.IC3.gov

2010-03-02T12:05:00.001-05:00

A New Law Protecting Tenants from Landlords going into Foreclosure.
A new law passed by Congress and signed yesterday by the President provides protections for tenants whose landlords fall into foreclosure. Under the Helping Families Save Their Homes Act, tenants have the right to stay in their homes after foreclosure for 90 days or through the term of their lease. The bill also provides similar protections to housing voucher holders. The protections go into effect immediately and expire at the end of 2012.
Let me know if I can be of any help with your Real Estate Needs.

2010-03-01T16:54:00.001-05:00

National Association of Realtor Research Update

Existing-home sales fell in January but are above year-ago levels, according to the latest release. Existing-home sales – including single-family, townhomes, condominiums and co-ops – dropped 7.2 percent to a seasonally adjusted annual rate1 of 5.05 million units in January from a revised 5.44 million in December, but remain 11.5 percent above the 4.53 million-unit level in January 2009. Lawrence Yun, NAR chief economist, said there is still some delay between shopping and closing that affected current sales. “Most of the completed deals in January were based on contracts in November and December. People who got into the market after the home buyer tax credit was extended in November have only recently started to offer contracts, so it will take a couple months to close those sales,” he said. “Still, the latest monthly sales decline is not encouraging, and raises concern about the strength of a recovery.”

Pink Glove Dance

2009-12-03T09:35:00.000-05:00

You have to watch this video from Portland, Oregon - it is so VERY awe-inspiring!!

Here’s the story behind the video…

“Our daughter-in-law, Emily (MacInnes) Somers, created, directed and choreographed this in Portland last week for her Medline glove division as a fundraiser for breast cancer awareness. This was all her idea to help promote their new pink gloves.

I don't know how she got so many employees, doctors and patients to participate, but it started to really catch on and they all had a lot of fun doing it.

When the video gets 1 million hits, Medline will be making a huge contribution to the hospital, as well as offering free mammograms for the community. Please check it out. It's an easy and great way to donate to a wonderful cause, and who hasn't been touched by breast cancer?

"Ann Somers”

http://www.youtube.com/watch?v=OEdVfyt-mLw

Please forward this in honor of all the women we know and all we have lost.

Thanks.

Mortgages

2009-11-16T11:06:00.002-05:00

A mortgage modification is a process through which your mortgage lender changes:
Your interest rate
Your principal balance (through a reduction)
Your loan terms (example: from an adjustable to a fixed rate)
Any or all of the above
This process will often allow a borrower who can no longer afford their home at their
current mortgage payment to stay in their property. A mortgage modifi cation is ideal
for homeowners experiencing a rate increase or a salary decrease, placing the mortgage
payments just out of reach.

2009-10-26T09:30:00.000-04:00

On October 24, 2009 my daughter Camerin and I participated in the annual Breast Cancer Walk in downtown Daytona Beach. As you can see from the video the International Speedway Blvd bridge is full of the thousands of people that took the time to come out to support a great cause.