A Classic Home Sale Mess – Read It To Believe it
What do you get when you rent a home to a buyer before the home’s sale is complete? Any seasoned real estate agent will tell you a mess.
Now add into the equation that the home is technically owned by the 2 year old daughter of an illegal alien. She was the owner to get a better interest rate than using his tax id.
Mix in a little psychotic behavior by the buyer when the deal went sour, such are reporting the seller to anyone who would listen that he is in the country illegally and you have as convoluted a real estate sales tale as I have read.
Here is an excerpt, but please real the whole account at the Atlanta Journal Constitution. Better than a horror story for any real estate professional.
Nicole Griffin’s mom lived a few doors away, and when Griffin visited, she said, her kids played with the Jimenez children. When Jimenez put his four-bedroom, two-bathroom home up for sale last spring, wanting more space, Griffin was immediately interested.
A contract was negotiated but when the sale appeared to go sour, Griffin raised a new issue: that she was a citizen and Jimenez wasn’t. She told local media, immigration officials, his boss and others that he was here illegally. She even put signs in the yard of the house exposing his residency status.
As a result, agents came knocking last month, and now Jimenez is fighting to keep from being deported. He also lost his job. ajc.com.
Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
Comment by ryan on 17 November 2008:
well, the guy was here illegally.
serves him right.
Comment by Rochester MN Real Estate on 17 November 2008:
Ouch! Thankfully I haven’t come across anything like that yet. We normally don’t have situations like that in Rochester MN
Comment by Michelle on 19 November 2008:
I worked for this man, he is a great con man and has done this in more than States then Colorado. He’s a tool!! Who only cares about himself. I hope is ass get’s locked up for a LONG time! At least there would be a little justice for all the lives he ruined!