litigation – Page 4 – LA Loft Blog

REAL ESTATE NEWS (Downtown Los Angeles) — Luxury highrise soft loft condominium building 1100 Wilshire has been the subject of many searches by L.A. Loft Blog readers yesterday. #1100wilshire #dtla #condos

1100 Wilshire Downtown Los Angeles World-Class Lifestyle

Did you know that every unit at 1100 Wilshire has a super view because they are perched atop a 17-floor pedestal of plentiful parking! Here’s what’s happening with one of the most respected buildings in Downtown Los Angeles: Ongoing litigation may preclude some financing options. Prospective buyers may request a litigation report, which includes loft lenders that are currently likely to succeed in providing mortgage financing home loans for units in the building. 1100 Wilshire For Sale | For Lease

It’s a buyer’s market as demonstrated by the selection available today. There are two units to choose from in most every size and price range.

Two domestic pets are allowed per unit. Like most condominiums in Downtown L.A., the HOA home owners association requires rentals to be a minimum of 30 days. AirBNB short stays are generally not permitted by most condo rules. | ROOFTOP VIDEO CLIP

Get a free report on litigation and lawsuits. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/zzdsl1f1k78x3i/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Scammers are tricking people in escrow out of enormous payments.

CBNC reports that wire fraud schemes are increasingly targeting homebuyers. Buyers are tricked into wiring their deposits, down payment or full cash purchase funds on the day of closing to a fake offshore account. Criminals have tricked, spoofed or co-opted escrow or the real estate agent’s email account. Recently, a real estate agent forwarded a spoof email to a buyer. The agent was later forced to reimburse more than $100,000 of the buyer’s damages. Losses from these scams are typically not covered or reimbursed by the bank. When the buyer wires the funds, which may be tens of thousands or hundreds of thousands of dollars, the money is a devastating TOTAL LOSS for the home buyer. Since the bank wire goes overseas, it’s nearly impossible for victims to recover their money. Victims have lost six-figure sums and had to cancel transactions on their dream homes due to this fraud. To prevent this fraud, home buyers should call the escrow company by phone to verify the account and bank wire instructions verbally before sending a bank wire. #realestate #fraud #bankwire

Downtown loft and condo buyers and renters have been victimized by identify theft fraudsters on Craigslist, fake philanthropists with bogus proofs of funds and several undisclosed lawsuits.

Did you know that around 25% of Downtown Los Angeles loft listings are currently or recently involved with some kind of litigation or lawsuit? Free reports are available to help prevent buyer mistakes and lawsuits.

Which buyer mistake will you make? Get a free report on how to avoid 6 costly mistakes, save thousands and have a smooth home purchase at www.BuyerMistake.com or fill out the online form:

<a href="https://laloft.wufoo.com/forms/zzdsl1f1k78x3i/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Tag: litigation

1100 Wilshire Update

Real Estate Bank Wire Fraud: Careful Sending Earnest Money Deposits and Home Purchase Funds

Share this:

Share this: