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Property Q&A in Cambrian : Real Estate Advice

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  • Local Info6
  • Home Buying20
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Activity 9
Sun Mar 30, 2014
Tromandia21 asked:
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This question was asked from this property: http://www.trulia.com/rental/3150626120-4572-Waterville-Dr-San-Jose-CA-95118?ecampaign=con_rlt_post_lead_agent_rent_fr&eurl=www.trulia…
0 votes 0 Answers Share Flag
Fri Mar 22, 2013
charles butterfield answered:
Thank you, Amy:

As the others pointed out that advertisement was a fake. It was a scam designed to steal your money for the deposit and prepaid rent.

The scammers post an ad for a property for rent at less than half the normal fair market value of the rent.

The scammers do not own the property and they are not licensed to represent the property owner of the property in a Real Estate Transaction. The scammers have no written agreement with the owner fo the property and the owner has no idea that the scammers have advertised the property for rent.

That ad that sounds too good to be true generates hundreds of responses for the scammers. The scammers then tell the people who respond to send them a deposit for the rent plus a month or two of prepaid rent.

The scammers then disappear with the money. The people who sent the scammers money, are now without a place to live and the money for the deposit and prepaid rent is now gone.

This is a particularly cruel hoax because the victims of the hoax now do not have the money to make a security deposit or prepaid rent, and they now have no place to live.

The best way to avoid these scams is only deal with people who have valid, active Real Estate licenses with the State of California Department of Real Estate.

All licensees are required to put their DRE license number in their advertising.

Always look for the DRE number in the advertising and verify that is a valid, active Real Estate License and that the person that you are dealing with is the person who has that Real Estate License that is listed in the advartisement.

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
DRE#00901872
.
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0 votes 4 answers Share Flag
Mon Feb 18, 2013
Steven Ornellas answered:
Hi Cathy:

As far as vetting Schools I suggest you take a peek at www.SchoolAndHousing.com

Based on property address, this site provides attendance area schools (Public, Private and Daycares) along with useful statistics and other information about each school.

Before making an offer you should call the School District to CONFIRM the schools the property will feed to!

-Steve
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0 votes 6 answers Share Flag
Mon Feb 18, 2013
Stu Carson answered:
Mon Feb 18, 2013
Stu Carson answered:
Cathy,

There are many resources here that should be helpful

http://stucarson.com/JustSchoolInfo

We've invested in a unique resource which has the boundaries for specific elementary schools, as well as middle and high schools. So if you want to have a property alert set to notify you when ever a home comes on the market with 3 or more bedrooms and in $x,xxx to $y,yyy price range in a specific middle school's attendance area... we can set that up for you.

By the way, we can do the same search but rather than a specific High School have it show you properties that come on the market within ANY High School attendance boundaries where the schools API test scores were over 850. So for example, when ever ANY 3bd, 2bth home under $600k comes on the market Santa Clara County (or other counties) where the high school's API score was over 850 it will send you the listing (MLS) information.

Very cool. Very helpful. And something few if any other Realtors can offer.

You asked for it, we found it and made the investment!

If you can't find the search that shows you the information you want/need drop me an email and let me know, I'll set up the search for you!

BTW regarding 1801 Wyrick

Oster ES 901 API
Dartmouth MS 908 API
Leigh HS 822 API

Stu Carson & Davlyn Giovanetti
408-209-0849
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0 votes 1 answer Share Flag
Sun Jan 6, 2013
The Medford Team answered:
Agree with John - no longer available. If it's a current listing, it will have contact information included. Scroll down until you see it.
1 vote 2 answers Share Flag
Thu Sep 13, 2012
Terri Vellios answered:
Kudos to Carl for bringing to the forefront that Realty Trac is an advertisement and it is totally misleading the general public.

I haven't visited the sight, but if it doesn't say in BOLD letters the disclaimers, then it should!!

Now if only we could get this information out to the hundreds of hopeful people who ask us each day about these 'foreclosures'.
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1 vote 5 answers Share Flag
Thu May 24, 2012
Andrea Wince ~ Lic. 01439761 answered:
There is certainly a conflict with this property. The MLS shows the $515k price, however, the County Recorder's office shows $772.5k. I will guess the MLS info is the correct info. Here is a link to the property page from the MLS:
http://matrixreports.mlslistings.com/MatrixReportServer/Output/17217/Client_Page5191.PDF
At the bottom of the page you will see the Coldwell Banker listing agent info if you want to call them to confirm what price the home actually sold for.
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