Daily Archives: October 8, 2010

Rental Property Scam Lookout

October 8th, 2010

Sub Headline

Landlords  ~ “…… make sure you know where your property is?”

Yup it’s that time again.

Have a slight case of déjà vu about this – seem to recall something similar 5 or 10 years back.

Mum rang the other night from Brisbane, because that’s where she, like many other retired Kiwis have moved to. She knows I am a Real Estate Marketer and decided it was timely to inform me of the latest property related scam hitting the airwaves over in OZ.

Let me paint you a picture here.

You head on off overseas leaving your rental property……

Then when you pop back into the country in 6 months time…..surprise!

Its not yours!

Without your knowledge, your rental property has been sold, and the proceeds……well they have taken a one way trip to Nigeria….in this case AUD$485,000 worth…but at least you arrived just in time to stop the second one going unconditional…….

Then again, you could hop on a plane and go over there to get your money back……………..and hope they don’t have “protection?”…..ala……

Security Guards with attitude - watchdogs from hell......

How could this happen in 2010?

If you are interested, please read the article here…..

I’m the first to admit I have not looked into the legal possibilities / ramifications of whether such a similar scam could operate here in New Zealand, but it does raise ones radar.

All might not be lost thought, however do you need the stress?

PHOTO CREDIT – http://discardedlies.com/entry/?48830_gazprom-with-attitude-

Related – just in case your curious about these folk with their “pets” check out this too…..about the “The Hyena People of Nigeria” – about quarter of the way down the page…..and if you find this text here….

Every member of the party had sores and scars on their faces, legs and hands – legacies of times when the animals suddenly turned hostile and pounced on their handlers with their teeth, fingers and claws.

…interesting you’ll be curious about this page too.

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Hmmm ……those Aussies

October 8th, 2010

More than just a bit biased sometimes!

An article appeared online 5th Oct 2010 entitled “Now’s the time to inspect Kiwi properties” written by Anneli Knight, which has subsequently been syndicated this side of the Tasman by stuff.co.nz.

Amongst other items, they quote Mary O’Brien, a Sydney based [originally from NZ] mortgage broker from New Zealand Mortgage Solutions who apparently assists clients [am suspecting Australian based ones here?]  to secure mortgages with New Zealand banks as saying;

As well as Queenstown, O’Brien says areas of New Zealand that have been popular with Australian buyers this year have been Nelson and Marlborough (both in the top part of the South Island with vineyards and coastal attractions) and Tauranga, in the North Island’s Bay of Plenty area.

The article published by stuff.co.nz was just about quoted in whole, except for the reference sites mentioned at the bottom of the Australian based article.

These are headlined in bold as Useful web resources.

How, in October 2010 can they quote www.reinz.co.nz as a useful source of property for sale?

They go on to mention www.trademe.co.nz but fail to mention NZ’s biggest realestate only site www.realestate.co.nz.

clicking here where arrowed will direct you to one site.......

clicking here where arrowed will direct you to one site.......

Yes I know its a business these days, directing of browsers to your own web site but try to be at least a bit objective folks.

FOOTNOTE

To their credit they did publish my above comment though this morning.

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