A cold call last year grabbed the attention of veteran and father Miguel Hall. The caller offered to pay him $1,250 now if he agreed to let them list his home in the next 40 years if he chooses to sell.
Like how are you an ADULT that would BELIEVE and then agree to "free money" that involves your home, where you sleep, YOUR shelter from the elements??? Like how?
But not every person who calls you will be a scammer. For example, when I have to buy a home, I have to cold call the home owner because there's no other way besides mail, and sometimes you don't have that time to wait.
Back in 1979 here in MD my wife and I bought an existing home and nothing was reported to us in the title search prior to settlement. Two years later we had to sell the home and a lien against the title was reported to us that was from the previous owners and never paid. We ended up having to pay their lien in order to sell the house. It wasn't that much but we were still upset that it should have shown up and been paid before we settled on the purchase.
@@Nahbruhsheesh Exactly! Like, do they think that this company is that dumb to just give them free money and they never have intention to sell their home? Come on, now, work with some kind of IQ people! Reading the fine print is FUNDAMENTAL!
They usually start with a VOIP Telemarketting call from India. No one is more dishonest, crooked or despicable than the blood sucking leaches of call centers based in India.
@@BigCrossVita. According to this newscast, the company has already filed for bankruptcy protection. Shut down the company, ROFL. The company beat you to it.
Exactly, nowadays FREE is TOO EXPENSIVE, people should know that already. Especially when talking about real estate, if they say FREE, run for hills to take cover ... 😂😂😂😂😂😅😅😅😅😅😅
@toorimakun who said we didn't?! 😅 When they "gave" us that stimulus check, we ended up paying it back at tax time (even when they said it wouldn't). Free is NEVER free!
@@KD1ME We have had "free bus far" since CV and people are still arguing about it on the bus It is painful watching people try and explain that "government subsidy" is *OUR TAX MONEY* They can not understand the government gets its money from taxes... they can't explain where the government gets the money. They think taxes are just to keep poor people poor.... but also we can't lower taxes because the rich need to pay more taxes. >.> We have a MAJOR IQ problem in this country... they can not put two separate ideas together and see how they are the same thing.
It should be a criminal offense to engage in deceptive practices like this. These scams won’t stop as long as they can can just file for bankruptcy, weasel out of their liabilities, and start another company to prey on consumers again. If they have to spend some time in prison and have a felony conviction on their records, that will be much more of a deterrent.
Prosecuting these is extremely difficult. Tying the person in court to the phone number on the day of the scam is a tough bit to demonstrate. They cover their own ass very well.
They put retail store thieves in prison for stealing way less. This sort of theft should be punished under the RICO act. Racketeering is punishable by $25,000 per offense, and up to 20 years in prison.
exactly. he's absolutely right. the "HOA" crime syndicate is 100% racketeering. It needs put a stop to. All the "HOA" racketeers need investigated and charged and put in jail if found guilty. More importantly, state legislatures need to outlaw "HOA" on detached homes. The "HOAs" are going against the constitution by acting as de facto governments. They're absolutely NOT authorized to do what they're doing, not one bit. The only legal governments are the real ones authorized by the people as a whole meaning the entire whole community under the state constitutions. NOT these fake "neighborhoods" run by racketeers that are not genuinely authorized one bit by the people of the towns counties and state to be governments @@andrewvelonis5940
the "HOA" racketeers have been getting away with this communistic racketeering and unconstitutional nonsense because they had succeeded awhile back in hijacking the state legislatures. the "HOA" racket is trying to turn the once-proud American homeowner into a serf, paying rent on his own private property. The "HOA" racket has a scheme to do this to the entire country. It needs to be put a stop to.@@andrewvelonis5940
Are you one of those retail thieves causing disorder and complete breakdown of society and causing America’s enemies like China to make mocking propaganda about us?? Sounds like it.
I'm sorry, no disrespect to the homeowners, but if some random company called offering chump change for my signature on exclusive rights on ANYTHING regarding my home, it would immediately ring as a swindle. Nothing is free when salesmen call. I hope their issues are resolved, and they develop a keen radar for scams like this moving forward.
And why would anyone give exclusive listing rights to their home without vetting the company? Even if it were a genuine offer, the least we should do is make sure they are a legitimate company and verify they’re good at what they do and verify what the terms and conditions of the offer are. I think I can safely say most of us would like to pick our own realtors when it comes time to selling our homes.
Cold phone calls are never ever in the homeowner’s best interest. Getting rid of my landline years ago was the best move ever. Now I only answer my cell phone from known numbers.
Some people’s olfactory organs go on the blink to all smells but one when the scent of “ free” money is blocking it. Their eye sight also gets blurred. Seems no one reads all the fine print.
Do these people really think there are no strings attached when you get this free money? It’s probably stated in the contract but hardly anyone reads the pages of what they sign.
It's a sales pitch the problem is the sales person keeps telling them over and over again that there's no catch, I mistakenly let a Kirby's salesman in because he says he'll get $50 commission just for entering and boy there was nothing I could do to get him leave, their sales tactics are brutal
@@JohnnytNaturallololol I have heard some things. I’ve never had a Kirby guy knock on my door but there are so many stories of how bad they can be. How’d you get him out?
@@angelinimartini I just waited it out until he finished it was horrible he made me felt bad because he wasn't going to get the commission, I'm never letting another salesman in my door again
He really thought this company would just hand him $1200 for absolutely nothing in return? We have to be smarter than this. No one wants to give you free money.
They probably told them when they sold would deduct it off their commision. That's the only way I can see anyone maybe doing it but still a scam. Like you said nothing is free even if a temp loan still costs something.
I'd love for the reporters in these cases to get a hold of the documents and see what in these agreements gives the realtor (in their eyes) the right to place a lien on someone's house just for agreeing to list the house if they decide to sell it.
There's no such thing as "free money". People that get scammed are usually the ones looking to "take advantage". Stop looking for free stuff and READ THE CONTRACT.
Don't trust anybody who claims they are going to give you money but wants nothing in exchange, or makes a vague claim about something that might happen in the future. That's always going to be a scam.
Take some responsibility people. If it sounds too good to be true, it is. Read the contract. Have your lawyer, if you have one, read your contract. It’s a scammers world out there and you have to be smarter than them.
While it's important for individuals to exercise caution and read contracts thoroughly, it's also crucial for professionals, such as realtors, to uphold ethical standards and provide transparent information to their clients. In this case, the realtor failed to disclose the provision about placing a lien on the house, which is a fundamental breach of trust. Homeowners should indeed be diligent, but they should also reasonably expect honesty and transparency from professionals in the industry. It's not solely the homeowners responsibility to navigate potential pitfalls; ethical business practices are equally vital to ensure a fair and trustworthy marketplace.
Who are the owners of MV Realty? They should be bright to court and all liens taken off from homeowners. The bankruptcy protection must be denied and liens on the principals must be applied. These scam artists need to pay for their acts.
When people learn that no one ever really helps..ever…everyone especially companies always comes to you with an agenda..companies are in the business of making money when they approach you..they want your money…if I wasn’t looking to buy what you’re selling then I don’t need it.
@@stinew358 Dude, the point is, I shouldn't be able to just go to your local authorities and put a lien on YOUR house that I have absolutely zero connection to.
@HungryLoki But they DO have a connection. These homeowners signed an agreement with this company! I bet the homeowners didn’t even read the contract - they just had greed in their eyes and wanted some quick cash. They opened the door for this shady company to get access to their homes. I’m glad the state AGs are investigating, but people really need to be smarter about scams…
If someone is offering you "free money", just say no. If it sounds too good to be true, just say no. Scammers are everywhere. You can't trust anyone unfortunately. I hope that company loses big in the courts. Bunch of crooks!
Yes. This is a poor scam. It is like a loan basically. Awful. This real estate agent needs to be closed down immediately So if these people die. The kids have to sell through that real estate agency.
actually, people are also walking into property dept with "quit claim" deeds and transferring property to themselves, with no owner involvement. Anytime something happens with your property there should be a notice sent to the owner of record. And this woman files for bankruptcy.... that's what chiselers do, they scam the system.....i have lost count of how many bankruptcies trump has filed, and how many small business owners he has cheated ☹️😡. If you're not on my contact list your email goes to spam and your text/phone number is blocked .
One thing my fathers taught me is that nothing, nothing is free Ian America not even the air you breathe! Someone is always watching and waiting to take and never to give. Not even church is free just look at the sizes, even Jesus comes at a price. Lesson learned my friend, Family first! ALWAYS!!!
Extremely deceitful, shady criminal practice. Of course, the top founders and owners of the company have their LLC and their corporate papers and all their personal assets hidden and protected away from any bankruptcy or lawsuit. In these cases that protection should be removed from the criminals who intentionally falsify their ads to trick people into signing their contract deal with them And they should personally lose all their personal properties, bank account, liquidate everything to pay back the individuals they have stolen from.
In the end, scammers rely on the greed of their victims. Had the homeowners not been trying to get money for free, something they know never happens, they would not find themselves in this predicament.
These people signing off their homes for chump change don't have enough sense to get anyone to review their new contract obligation. It's going to cost them thousands to get from under this.
It's just like here in Florida. An investigation is turning out to lawyers investing on schemes for home owners to sign rights over to them to start a litigation with insurance company dating back to 2020. They are seeing that most companies that left or were shut down were due to mostly litigation that they could not sustain staying in business.
This was NOT free money. MV Realty said they would be the real estate agent whenever the person wanted to sell. Period. For that, they gave the homeowner money to say that when they opt to sell, they would be the one to make the commission on the home and no one else. It was NOT free by any means. Had someone sold during the time the market was extra hot, MV Realty stood to make THOUSANDS off of the little check they gave the homeowner.
Sorry! If you are not familiar with legal documents STOP and pay someone $50 to review it on your behalf. This is laziness on the part of the owners by not reviewing a contract before signing it. We have a culture of victimhood instead of turning off the TV, shopping less, and READ. I guarantee there is no fraud committed as the language/terms is in the contract.
But the "this" you refer is NOT generalizable and doesn't necissarily have anything to do with this story. People do stupidly sign contracts without reading but there is also a lot of scams and fraud out there, including in real estate. If you think or claim otherwise you are dead wrong!
the people from that company should lose all their assets n spend the rest of their lives in jail for fraud - nothing to do with contract reading even if it was written in giant bold read letters
This scam contract is drawn up by devious lawyers. Many people don't understand the legalese in many of these documents and are seduced by "free money".
It amazes me that today people still fall for these scams. Get it through your head people, there is NO FREE MONEY or deals that are too good to be true.
His thinking “hey, it’s free money” was the first problem. Be accountable for your own safety people. You have no control over what others do. People who think anything is “free” are perfect victims.
@@k.m.9418 We were just talking about scammers last night. I receive on average three scam calls a day. A few remarkably believable. I hang up on all of them. Scammers are scum of the Earth, I agree. But come on man! Free cash for your house!!! Come on!!. I mean I would call my mother stupid if she fell for something like that. And I never ever talk back to my mother.
@@7u655 Not if they are filing bankruptcy. The lawyers get paid first in the case, while you get a five dollar check. All this while no admission of guilt.
Eons ago when I was in high school we were taught real things like buying house/auto insurance, hosting a party , keeping a checkbook, basic money management, cooking, cleaning, hiring employees, GOOD MANNERS, child care. Very few youngsters have checks anymore but they do have checking accounts and should know how to reconcile a register and prepare for your tax year. Even back then we were informed of scams of squatters rights and other red flags. People just don't have the same connection and closeness with their parents and grandparents as they used to have and are woefully unprepared for life's problems. People should try occasionally putting their telephones away and spending time with their children.
@@stinew358 what debt they got them into a predatory deal when they signed that contract. The deal stipulates they were to get an upfront payment as long as they agreed to sell their property with the real estate agency. But the agency did a bait and switch by putting an unnecessary lein on their property.
Stupid people did that to themselves through greed “if its too good to be true, it probably is” Nothing is free, their is always a catch. When will people learn
The man said himself "Free money" That should have been a flashing red light bulb in his head. If it's too good to be true it probably is and "free money" definitely is.
When we re -financed our mortgage years ago...we got robbed so blind we couldn't see daylight... Our lawyer never told us the truth about anything... In fact he mislead us... I've learned... Do my own research...
This guy was going to borrow against his house for Christmas gifts???? No wonder he fell for this scam. I forsee this property on the foreclosure list in a year or two.
No such thing as free money. In my non legal opinion, just let them list your house, you pick the price and the conditions, when they can't sell it within the time of the listing contract then pull it off the market. Contract fulfilled.
Thanks for doing this story. I will never do business with MV Realty. Hopefully, all the homeowners get those liens removed. This should be against the law.
Pay $400 for a legal review on anything that can lead to a lien on your home. Any home improvement project at all. Even buying a car or buying a home -- get a legal review. Usually takes two days or so and the cost of the review is offset by the headaches you'll avoid.