Posted by 101livescan on 9/3/12 8:40am
Msg #432891

Offenders

So I have a signing next week, googled the property because it is a hard money loan. Guess what I discovered. Mr. is not on the deed, he's signing as non owner applicant, but he's registered as a sex offender at that address for Aggravated Rape (rape against 65+ age citizen) since 1987.

Feeling a little uneasy...not sure I'll be doing this one. Your thoughts?

Reply by 101livescan on 9/3/12 8:43am
Msg #432892

I meant to add that in discovering this information, I found there are 141 registered sex offenders in my area, of those one is a woman who was convicted of molestation of her student from 14 years of age to 18 years and the young girl told her parents about it. She went to jail for a year and now back at home. It's amazing the information you can garner from Google searches on properties. May not be a bad check to do in each of your own areas so you know what kind of neighborhoods you're visiting.

Reply by Linda_H/FL on 9/3/12 8:44am
Msg #432893

Meet in a public place? n/m

Reply by HisHughness on 9/3/12 8:48am
Msg #432896

You probably don't want to get me started on sex offender registries.

You can axe murder three people, serve your 40 years, get out of prison and go your way, having paid for your crimes. On the other hand, if you are 18 years old, and have non-forcible sex with a 15-year-old, you will walk around for the rest of your life with a target painted on you.

Make sure you have informed someone of your destination, make arrangements to call during and after the signing, and don't worry unduly about it.

Reply by Smitty/MI on 9/3/12 10:26am
Msg #432901

Hugh is right on this. Always be vigilant and let someone know where you are, or even have them call you after you have been there a few minutes into the closing as if to check to see "how much longer you will be" my response is usually...... I will call you back in __ mins. or time your call as soon as you step into the house( if you don't want to be interupted during the closing) " I will sometimes say yes, I have arrived and will call back as soon I am done. If the borrowers ask I would just say that was the ____ company wanting to know_____. In this business you can't be to careful, you are in the home of a "stranger" and you never know what is going on in someone elses home.

Reply by SueW/Tn on 9/3/12 11:52am
Msg #432915

I gotta agree with Hugh on this one. I have only had a LO present one time (which was a huge surprise to me) when I arrived at the BO's home. She introduced herself and just sat back and quietly observed. A great couple with an adorable baby girl, no probs and we sailed through the signing. It was only 3 weeks later I discovered the husband was on the sex offender list. To this day I don't know IF that was what brought the LO out or not (she was a personal friend of the wife) but I do know that preconceived ideas can be harmful and cause alot of sleepless nights. Be aware...that's your best friend and always have a safe call regardless of where you're going or who you may be with.

Reply by GOLDGIRL/CA on 9/3/12 2:46pm
Msg #432936

As an a side, Cheryl ....


call me stupid-o ... but what exactly is a nonowner applicant? There are plenty of nonborrowing owners, but I've never run across a nonowner borrower. How can one borrow money against property one doesn't own? Tho I suppose hard money lenders will give $$ to whomever they feel like for whatever reason.

Anyway, follow all the safety advice, especially meeting the guy in a public place! If he gets all demanding that u come to his house, say that's not possible. If he presses, say it's because of his criminal background!

Reply by MistarellaFL on 9/3/12 3:57pm
Msg #432940

A nonowner applicant can be a loan co-signer n/m

Reply by 101livescan on 9/3/12 6:27pm
Msg #432953

Re: A nonowner applicant can be a loan co-signer

Exactly. Apparently his record has not kept him from maintaining a decent credit score and earning $$ to qualify for this loan with a hard money lender. Not sure if our B&M conventional lenders would be able to do.

Reply by GOLDGIRL/CA on 9/3/12 7:55pm
Msg #432956

Re: A nonowner applicant can be a loan co-signer

OK, but who would lend money to buy property to somebody who doesn't even own the property. What do they use as collateral?

Reply by jba/fl on 9/3/12 8:54pm
Msg #432959

Re: A nonowner applicant can be a loan co-signer

Remember Roman Polanski? Free, forgive him fuss not so long ago? He has been making lots of money - people with criminal histories can still make money, be smart with it, etc. So-called nice people do bad things all the time.

Forgive and forget - that is what people want for Roman P....don't even want him to serve his time. It was 1987 - why is it so icky?

Reply by LKT/CA on 9/3/12 3:23pm
Msg #432938

<<<Feeling a little uneasy...not sure I'll be doing this one. Your thoughts?>>>

Don't go, period. Call the hiring party, share what info you found and suggest they send a male notary to handle this signing. Save yourself and other females from this guy. An ounce of prevention is worth a pound of cure.

Reply by Karla/OR on 9/3/12 5:14pm
Msg #432948

@Hugh: I so agree with you. Totally different class of sex offender.

@Lisa: I agree with you as well. I would not even think twice about going to this one. They are the lowest of low and they are documented repeat offenders. Be safe rather than sorry. If I DID go, I could possibly end up in jail!!! I have sub-zero tolerance for these @#$%^&*(. :O)

Reply by jba/fl on 9/3/12 8:44pm
Msg #432957

I would pass....no hesistation here.

But, am curious: does your information actually include all the details you provided here?

CA law defines: Aggravated rape in California occurs when during the course of a forcible rape the defendant either 1) used a weapon to do the forcing, 2) caused great bodily injury, or 3) has a prior conviction on his or her record.

Reply by 101livescan on 9/3/12 8:49pm
Msg #432958

Re: I would pass....no hesistation here.

Rape conviction occurred in 1987 in Tennessee.

Reply by Stoli on 9/3/12 9:14pm
Msg #432963

I'll bet his jet has cooled off in the past 25-years. n/m

Reply by Claudine Osborne on 9/3/12 9:45pm
Msg #432965

Re: I'll bet his jet has cooled off in the past 25-years.

I would go! First of all this occured in 1987..Maybe the guy did his time and paid his debt..Why keep convicting the man? Why scare yourself out of a closing? I would take someone along to make me feel safer.

When we go into peoples homes we never know their "story or situation" How many more offenders have we assisted..Not knowing they were offenders? I for one can find better things to do than try and dig up dirt on a perspective signer and think of every scenario and then decline based on fear!

Be deligent in our safety yes but common sense should prevail!

Reply by 101livescan on 9/4/12 7:34am
Msg #432978

Re: I'll bet his jet has cooled off in the past 25-years.

Ya think! I'll bet it's a huge regret he's lived with ever since.