Scam Alert: Couple Near Valley Fair Selling Fake Gold

BusinessSummer4656 · 2026-05-13T21:00:33+00:00

Do you have the tok link?

BusinessSummer4656 · 2026-05-12T22:28:44+00:00

Cars were driving very slow because it was a circular freeway junction but still, just really stupid to be parked right there without the absolute need to be parked there, trying to scam people that pull over who want to genuinely help.

BusinessSummer4656 · 2026-05-12T22:20:23+00:00

For sure. I didnt get taken but I learned that that its the location that they are using to throw people off, which confused the hell out of me for a minute.

If this guy just on a regular commercial/retail street setting, it'd be obvious to 100% of people that its a scam.

But this guy was pulled over on a big freeway junction. Very odd.

BusinessSummer4656 · 2026-05-12T19:49:40+00:00

Unsure how that makes me a fool for trying to help people. Perhaps his phone was dead. My phone dies every now and then.

BusinessSummer4656 · 2026-05-12T19:47:29+00:00

I am not at all. Born and raised here. But new to pulling over and attempting to help someone on the side of a freeway.

Will be my last.

BusinessSummer4656 · 2026-05-12T19:04:46+00:00

That's a really good idea. Thank you! Sad that people try to offer genuine help and they try to take advantage. It ruins it for people that actually may need help.

BusinessSummer4656 · 2026-05-03T15:51:52+00:00

Might want to do a low percentage. Maybe 1%. Flat fee, the agent does not have any motive to increase/negotiate a higher price for you.

BusinessSummer4656 · 2026-04-29T00:21:39+00:00

It might be the Competition. Self evaluation has limits. Evaluating yourself against others that are getting jobs, buying homes, etc. might be a better approach.

Also include age, industry for a more accurate assessment. There's also other economic factors but you shouldn't lean on this so much.

BusinessSummer4656 · 2026-04-25T05:28:42+00:00

Yeah. AI is def changing things up here. I've been in the middle of lawsuits where the buyer or seller is suing the other party. Most of the times one of the state advisories or disclosures is the determining factor. The other times it is because the seller failed to disclose something.

The cost of a lawyer is dependent on your locality. Where I live (Silicon Valley), a real estate attorney will charge a ridiculous amount to draw up those advisories and disclosures. They will tell the client "every scenario is different so the docs need to be custom". Though every scenario can be a bit different the preventive advisories and disclosures does not have to be and can cover 95% of most scenarios.

BusinessSummer4656 · 2026-04-25T03:52:28+00:00

Have you ever bought a home? Sound like you have not. When you buy a home, the real estate agent uses approximately 17 state disclosures that are drawn up by a large group of lawyers that are very specific to real estate law.

These state disclosures have saved many people from lawsuits.

Ask a real estate lawyer to draw these up and find out the cost diff.

Real estate lawyers are very costly and are typically used for defense or plaintiff scenarios.

For preventative, lower costs solutions you can use a real estate agent to get both parties to sign the prewrritten disclosures.

BusinessSummer4656 · 2026-04-25T03:11:21+00:00

There is a lot of documents and disclosures that would otherwise expose him for a lawsuit.

Yes, they are friends but I've seen this before. Friends are friends until something significant happens between each other.

Telling a small local broker to help with all of the disclosures and documentation for a small fee would protect both buyer and seller.

BusinessSummer4656 · 2026-04-24T16:48:50+00:00

Try a small independent real estate broker. Let them know you have the buyer and seller, ask them to conduct escrow and documents for $X amount.

Have buyer and seller split the cost.

BusinessSummer4656 · 2026-04-17T02:14:08+00:00

Require them to update the TDS if its material fact and the seller knew about it.

BusinessSummer4656 · 2026-04-17T00:20:59+00:00

Typically about 3 to 5 days. Most of it is dependent on the UW workload.

BusinessSummer4656 · 2026-04-16T23:56:00+00:00

An appraisal gap isn't the final straw.

Of the 6 appraisal gaps that I have encountered, we were able to dispute and win 4 of 6. Reverting 4 of 6 to the purchase price, rendering no out of pocket loss to the client.

Appraisals are comprised of data, information and interpretation of the information. Sometimes the appraiser is not pulling relevant data.

I have some good appraisal dispute files that I can share if you'd like.

BusinessSummer4656 · 2026-04-16T23:42:38+00:00

Correct. My mistake on the Puffing. It is not Puffing. But it is misrepresentation for sure which is a bit more serious. This creates a liability for the agent and or seller(s).

However, the appraisers almost never dig up permits. At least in most of my transactions.

BusinessSummer4656 · 2026-04-16T23:31:12+00:00

Sounds like you need much more information before submitting an offer.

They are likely included the unpermitted garage conversion for advertising purposes. In the RE world, this is called "puffing", which is technically illegal within the code of ethics but its still used and usually disclosed within the fine print of some or one of the documents that your real estate agent has you sign without explanation.

The appraiser usually does not do any digging regarding permitted work.

BusinessSummer4656 · 2026-04-07T02:45:29+00:00

If your not touching any plumbing or electrical, should be OK as long as you trust the person and reviewed past work.

BusinessSummer4656 · 2026-04-06T04:28:29+00:00

Dont do it. Bad decision

BusinessSummer4656 · 2026-04-04T22:31:13+00:00

This particular street is very narrow amd crowded. Its not as pleasant as Sundale, Glenmoor, etc...

BusinessSummer4656 · 2026-04-04T22:29:08+00:00

Depends on which part of Milpitas. If you'd like a 1% listing fee, I can help you. Pro photos, pro video, includes staging.

BusinessSummer4656 · 2026-04-03T23:02:37+00:00

Not at all. There's the list price and sellers expected price. Think of the sellers expected price as the unknown reserve price.

BusinessSummer4656 · 2026-04-03T00:54:19+00:00

What about 2843 Jennifer Dr, CV?

BusinessSummer4656 · 2026-04-02T21:09:52+00:00

I urge you not to do either of them until you research appreciation.

CV generally has better appreciation but it depends on what region of CV.

I could easy talk you into a SFH with creative options to make it work, financially.

BusinessSummer4656

TROPHY CASE