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Posts Tagged ‘scams’

6

Is your real estate agent about to sell you out?

The Multiple Listing Service® is a system that real estate brokerages use to share information with each other about properties that are for sale. It provides us with opportunities to quickly share details about our listings with all local agents who participate and it also provides us with a large inventory of homes that we [...]

5

Bank of Montreal loses millions to sophisticated mortgage scam: CBC

According to the CBC, the Bank of Montreal is suing hundreds of people in Alberta, including lawyers, mortgage brokers and four of its own employees, in what is one of the largest alleged cases of mortgage fraud in Canadian history.
Legal documents obtained exclusively by CBC News allege the bank was the target of a sophisticated [...]

15

Dude, where’s my house? Winnipeg man charged with theft after house disappears

A Winnipeg property owner decided to visit a tenant in his revenue home to find out why they hadn’t been paying the rent. When he arrived on the scene, he discovered a parking lot where his house was supposed to be.

It seems that the owner was approached by a man in May of 2006 [...]

12

Flip This House exposed: The “unreal” side of reality TV

This is not exactly important real estate news but I couldn’t resist writing a small snip about this story.

It seems that the popular A&E reality program, “Flip This House” has run a number of episodes which amount to nothing more than a sham. Featuring self proclaimed “real estate developer” Sam Leccima, the episodes represent [...]

6

Tenants burned by hot Saskatoon real estate market

The front page of today’s Star Phoenix says, “Tenants feel pinch: Heated market driving increases in rental charges.”

The story references the predicament of a Saskatoon woman, Marilyn LePage who faces her third rent increase in the last twelve months. She has written a letter to city council asking, “What can be done to keep [...]

4

Woman sentenced to…Saskatoon

I really got a chuckle out of this story and couldn’t resist sharing it.

It seems that a British Columbia woman has been sentenced to serve two years of probation in Saskatoon after she pleaded guilty to seven counts each of credit card fraud and possessing stolen credit card data, one count of theft under [...]

8

Little white marketing lies?

Sharon, a real estate investor from Calgary, Alberta occasionally visits my blog. If I recall correctly, she contacted me after she read one of my little rants about poor quality images in real estate listings. From time to time, she forwards copies of listed properties which strike her as ridiculous in some way. She has [...]

6

85 year old woman gets surprise of her life lease

I heard a story today that left me so incensed, that I couldn’t resist repeating it.

Some time ago, a local church built “a 15 story high-rise building offering enriched housing for seniors.” Apparently, the building is managed by “a voluntary board (hereinafter referred to as the board) independent of the church. The [...]

2

Premium Saskatoon houses sell while market is still at work

I did a routine search of today’s MLS® listings at about 4:00 pm. There are two new listings showing up in all of Area 1, which for Saskatoon real estate agents includes all neighbourhoods which are East of Circle Drive East. Both of these new listings are in Briarwood. One is priced at [...]

9

Jack Grover released from prison

The Saskatchewan Court of Appeal, Friday, acquitted Saskatoon landlord Jack Grover of obstruction of justice and ordered his immediate release from prison. Grover was convicted of obstruction earlier this year and had served three months of the one year sentence imposed on him in September.

The charge resulted from actions Grover allegedly took “to falsify” [...]

0

You can see your credit report for free, it’s the law

Knowing what’s inside your credit report is more than just a good idea, it’s an essential element of any prudent financial plan.

Identify theft continues to be a problem across the country. Thieves are racking up massive debts, using the good names and credit of their victims and leaving behind a financial mess [...]