Judge Judy Smells a Scam! | Part 1
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- Опубліковано 23 сер 2024
- Alex claims he gave Vlad $5,000 because he wanted to start flipping houses - and the whole thing sounds a little shady to Judge Judy!
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Love how Byrd just strolls slowly back and forth with the papers 😂
Yes, tough job.
@@eddievastag7818 🤣
He's getting paid for it so he can stroll slowly back and forth with the papers.
He looks kinda fed up
@@ladyyuna2000 I know, I want that job.
It's illegal to sell something you don't own! JJ has saved others for falling into this scam by outing this defendant
Nothing illegal about what he did, it's quite common. The defendant basically makes deals with homeowners that want to sell their homes, he find the buyer and then act as a mediator, usually getting a percentage or a fixed amount of the final sale price. The homeowners could get a realtor, the issue is that these houses are usually in very bad shape and realtors won't bother with them, so that's where the defendant comes in and finds people that either want a fixer upper or a flipper like the Plaintiff.
@@mackjeezif you don't have the title. You legally can't sell
@@JetstreamTheSexSam Yes you can. There are different levels of 'ownership'. But from a fundamental level think of it like this... have you ever financed a car? When you did, was it insured? You would have usually been required to insure the vehicle at certain limits as per the financing agreement. Because technically, you don't "own" the vehicle. The bank does until the loan's been paid. THEN you get the title and can - depending on your state - even remove the insurance. When you buy a house, unless you own it outright (deed in hand), typically you NEED to have HO insurance to protect the asset of the mortgage firm. BUT none of that means you cannot sell the property. Car or house. Happens every day. The devil's in the details of the definitions. This is a super fast example and it's more complex but you get the idea. For example it gets tricky if you owe more than you can sell it for (short sale), etc.
For example, obviously, you can legally sell something you don't technically own if you have been granted permission to sell. Likewise, you cannot illegally sell something you don't technically own if you haven't been explicitly granted permission to do so. I think a lot of people miss some of these details because they simply never read the contracts they sign and think: "Eh, it's just the way it works." But I STRONGLY advise people to READ what they sign.
It’s called wholesaling and is a method of RE investing. You’re assigning your interest to another investment.
@@JetstreamTheSexSam
In real estate mediation, a neutral third party assists in negotiating a mutually acceptable deal. Mediators do not make decisions but instead help the parties make their own agreement by clarifying issues, utilizing persuasion, and employing other conflict resolution strategies and techniques. If you look at contract the name of the seller is on it, not the defendants, he just mediated the purchase of the property, it's the same thing as a real estate agent, they also don't hold the title< I think you meant deed but can mediate a sale between parties.
The way JJ be looking confused when they be telling her BS 😂😂😂😂
"Good check" because he's probably used to dealing with shady people who have bad checks and go "well i gave you a check, deal's a deal"
Q
He is the shady person😅
That's because He is a shady person!
I'm so glad somebody out here has objectivity! It makes perfect sense that if he had encountered bad checks before that he would use "good check" to let everybody know that bad checks would be an immediate contract breach.
JJ LOVES the "C" word-- CONTRACT!
I love Bird but the way he just be strolling back and forth taking his time like come on man😂😂😂
Hi you look like
@@BriAcosta-qo6ypa man
A Russian and Nigerian walk into a courtroom.... Yea we know how this is gonna go.
Not sure his Nigerian
@@lovethefieldsthen what is he? Please enlightenment us since you're nationality assumptions are on point.
Indian
Yea he’s probably from Kenya or Zimbabwean. im from South Africa, so yes we recognise our fellow African accents.
Yeah definitely not a Nigerian accent
I wish this channel could upload full episodes since I don't get JJ in my country anymore. :(
Tbh you're not missing much here compared to the full episodes, those have a lot more recap and "Judge Judy will be back in a moment" every 3 minutes, now you at least get the cases in easily watchable parts
Pluto TV app is free and they're on that
Recommend changing country. You're welcome.
@@CaptainJZHI 100% agree👍
@@CaptainJZH I miss the full ones though. I have Amazon Prime here and I get Judy Justice, I think it's called. But it doesn't compare to the old ones. I used to love watching them here in my city at 2pm. No more. :(
I haven’t watched this whole thing and it sounds like he’s a wholesaler.
Byrd is a trip😂😂😂😂😂
A good check! That alone is a red flag
If it doesn’t make sense, it’s not true! Both might be scammers!
I swear I think Byrd is just as fed up with these people as JJ
I'm getting Scam Likely vibes! 😳
Who is scamming who they both deserve nothing end of
If you want to purchase a house - BUY IT FROM THE ACTUAL OWNER!!!!! HELLO??!?!?!
Apparently, you've never heard of real estate wholesaling. 🤔
It's the same thing behind brokering, completely legal (unless it's an industry where brokerage is regulated like insurance, mortgages, etc) ...or another way to look at it is as a finders fee. People saying you can't sell what you don't own aren't understanding the situation, or are just choosing not to understand so they can hate on someone who found an angel to make money.
He’s a wholesaler.. not illegal and actually quite common in the real estate world
Not without ownership
@@bayly1977not true.. he has equitable interest once he signs that contract..
@@bayly1977that’s not true lmmfao .
Nope. Not legal to sell something you don't own or to act as a real estate agent or broker without a license.
@@citytrees1752he owns the right to buy the property once he signs a contract with the homeowner. 🤦🏾♂️ and he’s selling us right to buy
Byrd is so over it all. lol
Was Byrd going through something? He seems to hate his job 😬
Just remember, he has to listen to the same idiots Judy does, but unlike Judy he doesn't get to say what's on his mind about their BS.
A true Russian scammer....These crooks learn very quickly how to do the shady business.
They learned it from the same people who say they founded America and stole all the land from the Native American. So, blame yourself and your family tree..
This is called wholesaling in the real estate world. As an investor, it is quite a headache dealing with wholesalers, because they act as if they are buying the property from the seller, and then sell the contract to someone else, for a "finders fee," essentially. It is legal, just another hand in the pot.
For those who doesn’t know. He is a wholesaler. The (defendant) wholesaler is the one who finds the house and basically seals the deal with the homeowner. Once deal is sealed, he has to find a buyer who will actually be purchasing the home (plaintiff). So contract to buy gets signed to the defendant and defendant gives a contract to sell the house to the plaintiff. It’s not illegal. He’s just like a broker. The 5000 is just what he got for his work. It takes a long time to find the house and make deals and actually close the deal .
I think it is illegal. he's getting a commission (5000 for his work) on the sale of property without having a real estate license
@@zeeppingthe defendant is selling the contract for purchase to the plaintiff. Many wholesalers do not disclose this until closing but it is legal in most states 😊
Oh it's not illegal but is it legal then if u get me? Or like just operating in a grey area? Cuz thr law is black and white lol
Clearly she’s not used to wholesaling.
Just in time for lunch
This sounds like a wholesaling transaction. Defendant found a good flip deal and contracts to purchase from seller. Defendant then assigns that sales contract to the plaintiff for a wholesaling fee (eg $5000). Rather than a simple assignment, it sounds like they wanted to do a double close: defendant closes with seller, and then plaintiff immediately closes a new sale with defendant for a few thousand dollars more than first sale. Plaintiff gets property to rehab and flip. Defendant gets a few thousand in income without the risk of the reno. Their paperwork is very shoddy though.
Precisely! The plaintiff also gets an off market deal on a distressed property from a motivated seller 😉
Wowsers. I didn’t know this was a real thing.
yea its a thing..when you hear a regular guy say "yea I own multiple properties" this is mostly how they're doing it
@@angelsandfaes
I was LITERALLY about to comment all this. Thanks for saving me the time.
whole thing sounds shady
He's just assigning his rights to the property or assigning the contract. Its not a scam and not illegal. Title companies and attorneys close these kinds of deals everyday.
Love her eyeroll in the pic
25 second teaser for a 4.5 minute part 1 video is crazy lol
Just like when ppl ask what's a good number? Lol did you think I was going to give you a fake # and when they ask whats a good name... That's the dumbest
LMAO plaintiff watches a late night infomercial. Figures easy money.
Who will hsve the cleanest hands?! 😂
Byrd, obviously
Vlad Federov- A hockey playing oligarch
1:30 into this video … and I’m already uneasy and irritated by BOTH litigants … when you’re unable to answer simple questions directly … YOU’RE LYING!
Considering how relaxed defendant is... CLEARLY he is not doing anything illegal. Otherwise he would have been squirming and jittery and considering how JJ is grilling the plaintiff, it is clear he was trying to get into a whole bunch of things he had no business getting into.
I think whoever drawn the contract must be from another country. A good check meant the check has been marked good by the bank. But this is not a procedure in US.
It's Definitely a scam!😑
“Good check” is something I first heard here in Kentucky in auction flyers. I thought it sounded funny also
If you hear a foreign accent, run!
There's an old episode of Roseanne where Tim Curry plays a real estate scammer asking for 5k from Dan and Roseanne with promises of money.. then he skips town with their money..
I remember that episode.
Can I get a receding hairline up in here???
Got to love it when one middle eastern scammer gets scammed by another middle Easter scammer.
Middle eastern what! One is from Africa and the other is probably Romanian or Russian and guess what technically they’re both Americans. Stop fucking around and denying that these people are from your country!
@@RanDahiyatIt’s interesting that you guess specific countries instead of just saying Europe as for where you think the defendant is from yet for the plaintiff you put Africa, an entire continent. I’m American and I can look at the plaintiff and say he looks very East African. Kenyan or Tanzanian if I was to guess. And technically, immigrants are citizens unless they are naturalized which may or may not be the case. But the OP was just being a troll.
@@anndeecosita3586 I said Romanian or Russian because of his name which is very common there while for the plaintiff I said African because I cannot really determine where he is exactly from whether east or west or whatever, in the end he is still from Africa, of course with all due respect to both!
thank god not another rental or boring loan case 🎉🎉 this was different 🎉🎉
Sounds like they were wholesaling and didn’t know how 😖😫
Right..if its one thing you gotta do, its make sure your paperwork is correct !
Shady fast money down the drain?
Is there a longer video somewhere?
Byrd got annoyed on this one
Earnest money I guess I believe I've heard pertains to the principal some put down as a down payment
Scam
Sure is 😀
The blond audience member from the abandoned dog episode 😂
They all look dirty to me..
Can we go back to not having these weird preview/trailer/intros? 0:24 is when this one properly starts
Find people from another country and scam them!!
Russian scammer...it's a free for all.
.... you can't sell something you don't own. He should be in jail for fraud.
He sold the contract. Not the house. That’s a wholesaler is.
Do you have to represent yourself on JJ? Or can you chose to bring a lawyer?
Represent yourself.
This sounds like what’s going on with DJ Ponzi and Cesar Pina! SMH
Okay yeah these two guys are totally shady as hell all the sidelong glances and soft smile it feels like what they're looking to dance to the lambada here or something like they're going to have a rose in their mouth next or some shit like that and JJ could hear the deafening silence of the collective unheard but there seems to be a thick. Vapor almost sense that we r just waiting for the other shoe to drop. JJ's all over them likeWhite on rice
Yep, that’s a scam.
These hairlines 😮💨😮💨😮💨
WHERE is part 2
Selling what you don't own..... Its the American way....
This is not a scam. It is pretty standard wholesaling business. Judy is so out of touch.
Alot of people are being arrested for REAL ESTATE RICO
😂
WAY in over his head
The fake laughing is so annnoying!!!
*ASSIGNMENT FILES ARE THE DEVIL*
First !!!!!!!!
🎉
Congratulations.....first person gets to come over and pull my cat's nipples!!!!!!!!! So what time do you want to come over?
О, Влад Федоров. Интересно, откуда он.
Hate the new intros
Ultimate favorite Judge Judy , all mothers need to learn from Judge & orphan from India said so. 💯🩷💜❤️
😂