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  1. #1
    lemko's Avatar
    lemko is offline Senior Member
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    Default New "We Buy Houses" Creep!

    Geeze, I though these creeps were finished with this nonsense! However, here's a new trashy "We Buy Houses" sign from a new creep! This one was posted on utility poles at the NE corner of Oxford Avenue and Magee near 6600 Oxford Avenue and the SE corner of Oxford Avenue and Magee near Oxford Auto Repair at 6529 Oxford Avenue.


  2. #2
    RittenhouseGirl is offline Senior Member
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    Who exactly are the types of people that put up these kinds of signs/buy these houses anyway?

  3. #3
    sharkey is offline Senior Member
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    They are "wholesalers" who have bought into a get rich quick scheme. They promise the homeowner a quick cash sale for a lowball price with no commission. Their contracts are assignable and limit damages for breech to loss of their tiny deposit. They then try to flip the agreement (assign it) to an investor for a middleman profit.If they can't do that they walk away from the deal and cede their tiny deposit to the homeowner. I have seen a lot fewer of these signs in S. Phila. lately. I don't know if it is because of our efforts, the City's "crackdown," or just that the fad has passed.

  4. #4
    RittenhouseGirl is offline Senior Member
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    I might be wrong, but it seems the type of people to sell their houses to these guys would be people who want money for drugs or something.

  5. #5
    sharkey is offline Senior Member
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    No, I believe that they are taken in by the "no commission, cash sale" spiel and aren't sophisitcated enough to understand the clauses in the sales contract which allow the wholesaler to sell the deal or to walk away from it and only lose his tiny deposit.

  6. #6
    lemko's Avatar
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    Pulled down yet another one of this loser's signs on the NE corner of Oxford Avenue and Levick near the Rite Aid at 6401 Oxford Avenue about ten minutes ago!

  7. #7
    lemko's Avatar
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    Even more from this particular creep. I guess the frigid temperatures won't stop him from blighting our neighborhoods with his trash!

    SW Erdrick and Robbins
    NE Oxford Avenue and Cottman by Chuck's Alibi
    SW Rising Sun and Cottman
    SW Bingham and Cottman
    NE Unruh and Oxford Avenue
    SE Magee and OXford Avenue, (second time removed from this location!)

  8. #8
    Sycamore is offline Sure Shot
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    Quote Originally Posted by RittenhouseGirl View Post
    I might be wrong, but it seems the type of people to sell their houses to these guys would be people who want money for drugs or something.
    I've had more than one client sell to these kinds of folks following the death of the homeowner because they want a fast sale so they can wrap up the estate administration and get their money.

  9. #9
    sharkey is offline Senior Member
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    Quote Originally Posted by Sycamore View Post
    I've had more than one client sell to these kinds of folks following the death of the homeowner because they want a fast sale so they can wrap up the estate administration and get their money.
    That's just the thing-----it's not necsaarily a fast sale. If the wholeasler can't find an investor to flip it to, he walks away from the deal and cedes his tiny (often $100 or less) deposit as liquidated damages.

  10. #10
    sharkey is offline Senior Member
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    This crumb has hit South Philly as well.

  11. #11
    lemko's Avatar
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    Got two more:

    SW Robbins and Tabor Avenue.
    SW E Godfrey and Tabor Avenue.

  12. #12
    lemko's Avatar
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    Got four more!

    NW corner of Oxford Avenue and Verree by David G. Richardson Funeral Home at 7450 Oxford Avenue.
    SE corner of Verree and Rhawn by Sunoco/A-Plus at 7965 Verree Road.
    SE corner of Castor and Rhawn
    NW corner of Large and Rhawn.

    This creep is begging to be made an example of!

  13. #13
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    ArcticSplash is offline Dixie Normus
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    Ugh this is yet another MagicJack phone number.

    If it were a cell phone I would be signing this one up for a bunch of text message notification services right about now.

  14. #14
    sharkey is offline Senior Member
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    Quote Originally Posted by ArcticSplash View Post
    Ugh this is yet another MagicJack phone number.

    If it were a cell phone I would be signing this one up for a bunch of text message notification services right about now.
    I will message you about this.

  15. #15
    creefer is offline Junior Member
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    Is this from one of those "work at home" deals you hear advertised?

  16. #16
    lemko's Avatar
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    Two More "We Buy Houses" Creeps:



    NW corner Levick and Bingham.
    2x NW corner Tyson and Loretto.
    SW Knorr and Rutland.
    2 x Devereaux and Loretto
    SE Oxford Avenue and Langdon.



    This creep likes the direct approach: SELL ME YOUR HOUSE!

    2 x SW corner Adams Avenue and Whitaker

  17. #17
    lemko's Avatar
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    Seems another old creep has returned to his sinful ways as a dog returns to his own vomit. The yellow coroplast signs with "We Buy Houses 215-550-4000" scrawled in black magic marker has appeared at the following locations:

    NW corner Knorr and Bingham.
    NW corner Levick and Bingham.
    SW corner Tabor and Robbins.
    SW corner Devereaux and Tabor.
    SW corner Whitaker and Adams.
    NW corner Knorr and Montour.

    I am sure there are many more!

  18. #18
    PhillyHomeBuyer is offline Junior Member
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    I'm an actual real estate investor in Philly who personally buys every home I put under contract. I only advertise online. I get calls from these clueless people everyday trying wholesale me houses, if you want to stop them you need to stop the classes. Every month they have workshops where they teach people
    Last edited by PhillyHomeBuyer; 05-02-2013 at 08:16 PM. Reason: don't like it

  19. #19
    PaulduPlessis is offline Paul Du Plessis
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    LOL. This seems to be too imposing and colorful but not yet hitting my senses. I too deal with corporate housing but not this way. Perhaps they need some classes in getting educated from High-School.

    Luxury is always artistic - Stafford Housing - Philadelphia has a new Luxury and Corporate Housing Specialists - Dealing with only and only Beauty, Luxury Living and class of Taste in appreciating exotic beauty.

    Sell like a PRO - Blog - Kaptain Korner - Learning Sales as a Skill

    Twitter @kaptainmirza

  20. #20
    lemko's Avatar
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    More new "We Buy Houses" creeps!


    NW corner Algon and Levick.
    NW corner Algon and Hellerman.


    SE Langdon and Oxford Avenue.
    SW Summerdale and Oxford Avenue.
    NE Howell and Langdon.

 

 

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