I Screamed and Ran, Called 911.’ Three Home Showings That Went South Real Fast
We asked three real-estate agents if they’d ever feared for their lives while on the job
We asked three real-estate agents if they’d ever feared for their lives while on the job
Elizabeth Thompson, real-estate agent, The Agency Los Altos, Los Altos, Calif.
I was representing the seller of a townhome under contract for $1.2 million. A day before the closing, he called to tell me a window was missing. When I arrived, I found that a small sliding window was completely gone, both frame and glass. I thought that my stager had accidentally broken it and took the frame out in order to have the glass repaired. But the seller also mentioned that there was a stain on the carpet in one of the bedrooms. We went upstairs and saw a bright yellow stain next to the closet. I got on my hands and knees to smell the stain. It was not the colour of urine and didn’t smell that way. We went downstairs to discuss a solution for the missing window and then heard a bang upstairs. We went up to check, going from room to room. We finally got to the bedroom with the stain, and when I slid the closet door open, I saw an aluminium container on the floor, like the kind takeout food comes in. I looked to my left, and there was a man standing in the closet. My client and I screamed and ran, called 911 and the intruder was ultimately arrested after he climbed down the balcony to escape. He turned out to be a homeless guy with a 20-page rap sheet, but the scariest part is that when I was kneeling on the ground smelling the stain, he was about 6 inches away from me on the other side of the closet door. To this day, when I open a closet, I still have a gut reaction.
Lindsay Jackman, real-estate agent, Century 21 North Homes Realty, Gig Harbor, Wash.
I am a policeman’s daughter, and now a policeman’s wife, so I have a very thorough process to vet buyers. I never meet a stranger at a vacant house, for example, and always perform public records searches on sellers before going to a listing appointment. But I was about to take a listing on an older four-bedroom home that was used as a rental property, and the sellers were acquaintances of mine. The house had the potential to be listed for upward of $1 million, and I was fairly new in the industry, so it was exciting. I was meeting the sellers at the house for a walk-through to determine its value and whether any updates were needed prior to listing it. During the tour, I learned that the tenant was an ex-police officer with substance abuse issues and a mental-health problem. He also wasn’t paying rent. When we got to the primary bedroom, the door was closed. The seller knocked and opened it, and the tenant, wearing just underwear and a tee shirt, was standing inside the doorway, holding a gun and demanding that we leave. The seller at first tried to calm him down, but then he pulled out a gun from his waistband. The situation was unraveling, and I was petrified. I bolted for the door. I can still remember the pounding in my chest as I fumbled for my car keys. The seller came out a few minutes later, and we all drove to the nearest public place. The seller had known it would be a volatile situation, but he put me in danger and never apologised or gave me the listing. Now I have a new rule for safety: No tenants present in the house, ever.
Eli Faitelson, real-estate agent, Compass Florida, Miami Beach
About three years ago, I was working with the sellers of a single-family home on the water in Miami Beach that was listed for about $1.5 million. I got to the home an hour early to set up for a showing, and I noticed that the ceiling near the kitchen had a huge bubble in it. There was water all over the floor. The air conditioner was up on the roof, and it was leaking, so it had rotted all the wood. The sellers had been in Spain for about a month, so they had no idea what was going on in the house. I started cleaning up, and I was also playing with the AC, trying to figure it out, when I heard the water start to drip a little faster. Then the whole ceiling collapsed on my head. There was wood and AC equipment all over the floor. I was pretty close to getting really injured. I was terrified. I had debris all over me, and I was freaking out. My arm was injured, and I was in shock, but I was still able to cancel the showing.
—Edited from interviews by Robyn A. Friedman
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
The Republican nominee says it would help bring down home prices, though these buyers account for a fraction of U.S. home sales
Former President Donald Trump said he would ban undocumented immigrants from obtaining home mortgages, a move he indicated would help ease home prices even though these buyers account for a tiny fraction of U.S. home sales.
Home loans to undocumented people living in the U.S. are legal but they aren’t especially common. Between 5,000 and 6,000 mortgages of this kind were issued last year, according to estimates from researchers at the Urban Institute in Washington.
Overall, lenders issued more than 3.4 million mortgages to all home purchasers in 2023, federal government data show.
Trump, the Republican presidential nominee, made his comments Thursday during a policy speech to the Economic Club of New York in Manhattan.
Housing remains a top economic issue for voters during this presidential election. Rent and home prices grew at historic rates during the pandemic and mortgage rates climbed to levels not seen in more than two decades. A July Wall Street Journal poll showed that voters rank housing as their second-biggest inflation concern after groceries.
Both major candidates for the 2024 presidential election have made appeals to voters on housing during recent campaign stops, though the issue has so far featured more prominently in Vice President Kamala Harris ’s campaign.
Trump has blamed immigrants for many of the nation’s woes, including crime and unemployment. Now, he is pointing to immigrants as a cause of the nation’s housing-affordability crisis. Yet some affordable-housing advocates and real-estate professionals said Trump’s mortgage proposal would fail to bring relief to priced-out home buyers.
“It’s unfortunate that given the significant housing affordability crisis that is widely acknowledged across most partisan lines, we are arguing about a minuscule segment of the market,” said David Dworkin, president of the National Housing Conference, an affordable-housing advocacy group.
Gary Acosta, chief executive of the National Association of Hispanic Real Estate Professionals, a trade organization, said, “It’s just another effort to vilify immigrants and to continue to scapegoat them for any issues that we have here in the United States.”
A Trump campaign spokeswoman didn’t immediately respond to a request for comment.
Undocumented immigrants in the U.S. can obtain an obscure type of mortgage designed for taxpayers without Social Security numbers, most of whom are Hispanic. The passage of the USA Patriot Act of 2001 allowed banks to use identification numbers from the Internal Revenue Service as an alternative to Social Security, extending a number of financial services to people without legal status for the first time.
Mortgage loans for undocumented immigrants are typically higher interest and borrowers include legal residents who have undocumented spouses, Acosta said. Lenders include regional credit unions and community-development financial institutions.
In his speech, Trump said that “the flood” of undocumented immigrants is driving up housing costs. “That’s why my plan will ban mortgages for illegal aliens,” he said.
Trump didn’t elaborate on how he would enact a ban on such loans.
Though mortgages for undocumented people living in the U.S. are relatively rare, residential real-estate purchases by foreign nationals are big business , especially in expensive coastal cities such as New York and Los Angeles. These sales have declined in recent years, however.
Close to half of foreign purchases are made by people residing abroad, while the other half are made by recent immigrants or residents on nonimmigrant visas, according to an annual survey by the National Association of Realtors. Many affluent foreigners buy U.S. homes with cash instead of obtaining mortgage financing.
In his Thursday speech, which focused mostly on other economic matters such as energy and taxation, Trump proposed other measures to bring down housing costs, including cutting regulations for builders and allowing more building on federal land. Similar ideas appeared in the housing policy outline Harris released in August .
The former president has spoken on housing-related issues in speeches at other recent campaign stops, including in Michigan last month, where he touted his administration’s 2020 overturn of a policy that had encouraged cities to reduce racial segregation .
“I keep the suburbs safe,” Trump said. “I stopped low-income towers from rising right alongside of their house. And I’m keeping the illegal aliens away from the suburbs.”
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.