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Different levels of predatory behavior in property solicitations

1:06:21

·

44 sec

The Assistant Commissioner of External Affairs from DCWP explains that there are different levels of predatory behavior in property solicitations, ranging from outright deed theft to less severe but still problematic practices.

  • The levels include deed theft and forgery, which is the most severe
  • Predatory situations where actors approach homeowners with purposely low offers
  • More reputable businesses that may still engage in questionable practices
  • The Assistant Commissioner notes that each level requires different approaches to address the issues
  • He mentions Introduction 888, which aims to ensure homeowners have access to clear disclosure of their rights and valuable resources
Carlos Ortiz
1:06:21
Sure.
1:06:22
I think it's also important, I just wanna make sure that we're elevating too that there are different levels in which actors are engaging in in taking advantage of New Yorkers and homeowners.
1:06:30
So there is deed theft and forgery, which is one piece.
1:06:33
And then there are these predatory, situations people approaching homeowners and coming out Mhmm.
1:06:38
And, you know, purposely low balling them, for example, on an offer.
1:06:41
Right.
1:06:41
And then there are perhaps more more reputable businesses out there.
1:06:45
So this is very different levels of how we can attack each one of those issues.
1:06:49
And for example, in the case of introduction 888, I think I did the right number.
1:06:54
But, in that case, that introduction, ensuring that a homeowner, has access to a a clear disclosure itemization of their rights and access to all the valuable resources my colleagues have mentioned too.
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