Elizabeth Weintraub • Sacramento Real Estate Agent

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How to Spot Bogus Purchase Offers on Behalf of Sacramento Sellers

A buyer's agent in Sacramento sent me an email yesterday just as I got out of my car at my seller's home in the Twelve Bridges neighborhood in Lincoln. I stopped dead in my 6-inch platforms in the hot glaring sun of the driveway to respond. The agent had asked if my Natomas seller would take about $30,000 less for a home, which was an absurd question. After I explained the absurdity in a quick reply, by the time I had reached the front door to ring the doorbell I received what on the surface appeared to be an acceptable offer from this agent. Almost within seconds. Bam.

That in itself was suspicious. Did the agent have several different offers at the agent's disposal or was the agent able to manually manipulate the offer at hand? It would appear that it was the second choice. I swear, this kind of crap happens a lot. That wasn't the only problem. See my personal blog today about Red Flags on Purchase Offers for Sacramento Homes.

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

How to Spot Bogus Purchase Offers on Behalf of Sacramento Sellers
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A buyer's agent in Sacramento sent me an email yesterday just as I got out of my car at my seller's home in the Twelve Bridges neighborhood in Lincoln. I stopped dead in my 6-inch platforms in the hot glaring sun of the driveway to respond. The… more