RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Senior Safety: 3 Tips to Avoid "Grandparent" Scams

May 17, 2016 1:27 am

Swindlers hoping to make off with someone else’s money often target unwitting seniors in “grandparent” scams. These schemes, according to the American Bankers Association (ABA), victimize thousands of seniors—and their loved ones—each year.

The scenario, the ABA says, starts with the senior receiving a phone call from a purported family member in what appear to be dire circumstances. The pseudo-family member requests that money be sent immediately, often through wire transfer, to rectify the situation.

To avoid falling prey to these tricks, the ABA advises:

Refusing to provide personal information – In general, it is wise not to relay any personal information over the phone. If you suspect a scam, take care not to offer up any indentifying or financial information.

Proceeding with caution – Scammers use sophisticated means, including social media, to obtain personal information about a target’s family or friends. Take precautionary measures, including confirming the call with another family member and/or requesting to call the scammer back, before agreeing to any action.

Asking several questions – The more questions you ask, the less likely a trickster will see the scheme through. Don’t hesitate to ask questions—doing so can even derail the con completely.

Listening to your gut – Let your instincts guide you. If something feels amiss, say no and hang up the phone immediately. Avoid rushing into a decision at all costs.

“Fraudsters have no problem preying on your goodwill to get inside your wallet,” says Corey Carlisle, executive director of the ABA Foundation. “They’re using social media and Internet searches to fabricate convincing stories, so be careful, trust your gut and do your best to confirm who you’re dealing with before sending any money.”

Source: ABA

Published with permission from RISMedia.


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How Valuable Is a New Front Door?

May 17, 2016 1:27 am

Some home improvement projects are bankable for the seller—some, unfortunately, are a bust.

A new front door, according to ContractorQuotes.us, is one of the projects that can yield a high return on investment. A steel door, specifically, costs an average of $1,230 to install, but may increase the home’s value by $1,252—a 101.8 percent return.

A fiberglass door, too, may boost a home’s value, by over $2,000 ($2,107, to be exact), while costing an average of $2,926—a 72 percent recoup for the seller.

If you’re planning to replace your front door, keep in mind that some doors require maintenance. Be sure to clarify these requirements before purchasing, ContractorQuotes.us advises.

Remember, also, that the least expensive product is not necessarily worth the savings. The front door is likely the first feature buyers will notice when visiting the home.

It may be tempting to select a style you like personally, but, ContractorQuotes.us suggests choosing a style that is reflective of the exterior of the home. Will it complement the style of the rest of the house?

High-tech security features are also worth considering. A recent report by CEPro.com includes front door technology among its top trends for the home, with the doors themselves holding much promise for integrated home technology.

We'll circle back on this trendy front door tech in a future report.

Published with permission from RISMedia.


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