Relocation fees in LA (for rent control properties) are from $7550-$21k depending on the landlord status and tenant type (disabled, elderly, have young kids etc).

Its unfortunate that so many people fall victim to these scams(mostly elderly people are their targets and victims).

Several of the members are from Box Elder and Weber and many are active there as well.Perhaps we should consider having a southern meeting in addition to our monthly Logan meeting.  

Hi BP,Looking to keep an elder family members property in the family as opposed to selling right away and 'killing the golden goose.' 

He was elderly and wanted a quick, convenient close at an asking price of $25,000.00, telling us the property was in rent ready condition and well cared for.

The investor will offer the following:Cash transaction;A quick sale closing with no inspection; andYou can leave behind any items you don’t want.The problems begin when the homeowner is elderly, alone, and doesn’t know the true market value of their property:They may have purchased their property over 20 years ago for $50,000, $100,000, or maybe $200,000.That same property now could have a market value of $300,000, $400,000 or even $500,000.The idea that they purchased the property 20 years ago for $120,000 and are now being offered $220,000 sounds appealing to these homeowners – their mortgage might be paid off and they will make $100,000 – sounds good right?

Since then, the most consistent feedback is that they wish all 3 BR's are on the main level as some of the elderly lookers can't do stairs well. 

Rather than the blind leading the blind, you would be helping the two of you by speaking to the social workers at her adult home and also perhaps to an elder care attorney.

Eventually, it will catch up to the market or they will move.We also have elderly tenants (mid 80's) paying $200 below market.  

Find owners houses who haven't sold in 25+ years that may be owned by someone elderly who is getting tired of running the place.