Tom Talks Fort Worth

How To Spot a Fake House Before You Buy It

October 13, 2023 Tom Jung Episode 103
Tom Talks Fort Worth
How To Spot a Fake House Before You Buy It
Show Notes

Tom Talks Episode 103:

On this week's episode of Tom Talks, we go over some interesting stories including a white supremacy group that was found casually eating at a local well-known establishment, a way to spot a fake home before buying it, some dirt on Fort Worth ISD, why home buying is becoming more costly, and the nicest and most recorded bathrooms. 

This past weekend at Torchs Tacos in Fort Worth, there was a bit of an incident involving a white supremacy group. Listen as we dive into this unfortunate event. 

Next up we highlight potential red flags in a home-buying scam scenario. The example involves a seemingly attractive deal on a house, where the buyer ends up wiring money, signing a contract, and later discovering that the property was never for sale. The identified scams include fake ownership, too-good-to-be-true deals, manipulation of earnest money, and wire fraud, emphasizing the importance of due diligence and verification in real estate transactions.

Texas is considering legislation for an Education Savings Account (ESA), an annual proposal by Governor Abbott. The ESA would allocate a portion of public school funding, around $88,000 per family, for use in alternative education options such as charter schools or homeschooling. However, the proposal faces challenges and limited support from both Democrats and Republicans, as there are existing limitations on diverting public school funding to private schools in Texas.

We dive into why home buying may become more expensive! Imagine working with clients in a competitive housing market, where after weeks of searching and missing out on one house, they finally find a perfect one. However, a broken sewer pipe dispute during inspections causes the deal to fall through. As you help them find another suitable home, a new challenge arises when the listing mentions a realtor commission that the buyers need to cover, adding financial strain to an already complex process. Don't miss out on this topic!

In our final segment, we delve into the arrest of Buc-ee's co-founder! For those unfamiliar with Buc-ee's, the renowned gas station famous for its pristine restrooms and other fantastic features, tune in to catch the details of this unexpected event.

Time Codes:
00:00 Intro
01:19 These tacos ain't kosher
05:48 How to spot a fake house before you buy it
13:40 Fort Worth ISD, your days are numbered
22:40 Why home buying may become more expensive
31:48 Nicest and most recorded bathrooms

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