A relative of mine and her husband recently moved into a new house.
Within days of moving in a man appeared at their door claiming to own their water heater, that it had been rented to the previous owner, and that he was there to take away their water heater and replace it with a new rented water heater - which the new homeowner would have to pay a monthly fee to use.
Fortunately her husband was a lawyer and she herself a brainiac librarian, so they smelled a scam.
Water heater fraud artists are apparently quite common in Toronto.
They keep track of houses that have been recently sold and then show up at the home of the new owners and try to convince then with phony documents that they own the water heater in the basement.
If they're especially tricky they might even know the brand name and number on the water heater. But don't be fooled just because they know the name and numbers. It is entirely possible they managed to find out the name and number from the previous owners by duping them with a "free inspection".
Companies using such fraudulent tactics include:
National Home Services
LivClean
MorEnergy
They show up, pretend to be working for your current supplier, and then steal your old water heater, replace it with their own water heater, and then start billing you every month. And if you try to cancel, you are locked into a contract and have to pay an outrageous cancellation fee (one more reason why you should never give such companies your banking or credit card info).
Some of them may even tell you such outrageous lies such as:
Telling you that your current provider is no longer in business and that they
are taking over the contract and service of your water heater. (And then bully you into signing a new long term contract with a $400 cancellation fee.)
Other tricks include:
Dressing as a technician and saying they're in the neighborhood to schedule water heater replacements.
Showing you fake safety bulletins implying your water heater isn't safe any more and that you have to replace it.
Telling you that your water heater is inefficient if over a certain
age, when in reality it can actually work for many years without accumulating rust
buildup.
Legitimate companies Direct Energy and Reliance have several websites warning people about these fraud artists.
www.hotwaterstraighttalk.com and www.burnedatthedoor.com, both of which explain misleading and fraudulent information being pushed by scam artists.
Similar fraud companies also try to scam people for heating oil, gas and even electricity services. They especially like to target new homeowners because they are more vulnerable to scams of this nature.
Frankly, why would anyone RENT a water heater? Just buy one. They keep working for decades and require almost no maintenance. It is like buying a fridge or a stove. You buy them and then stop worrying about them.
Topics
Advertising
Air Conditioning
Amenities
Architecture
Bizarre and Interesting Real Estate
Commercial Real Estate
Condo Sales and Prices
Construction
Credit
Dream Home
Economics
Electricity and Alternative Energy
Flipping Properties
Gardening
Glossary
Heating
Home Buying
Home Inspection
Home Insurance
Home Related
Home Sales
House Prices
Housing Starts
Interest Rates
Landscaping
Legal Issues
Montreal Real Estate
Mortgages
Moving
Notes
Off Grid Homes
Ontario
Overseas Real Estate
Parking
Plumbing
QUEST FOR A CONDO
Real Estate Agents
Real Estate Brokers
Real Estate Bubbles
Real Estate History
Real Estate Humour
Real Estate Investment
Real Estate Quotes
Renovations
Renting
Repairs and Maintenance
Taxes
The Home Office
Toronto Real Estate
Trends
Urban Planning
US Real Estate
Vancouver Real Estate
Subscribe to:
Post Comments (Atom)
Moffat Inspections provides thorough and reliable home inspections throughout Ajax, Pickering, and the Durham Region. The company focuses on uncovering potential issues before they become expensive problems, offering clear and practical reports that homeowners and buyers can actually understand. From foundations and roofs to plumbing, heating, and electrical systems, Moffat Inspections delivers detailed, honest assessments — no gimmicks, no guesswork. For professional property inspections done right, visit moffatinspections.ca.
Recently Popular Posts
-
Buying your first home is one of the largest financial decisions most people ever make. The process can seem confusing because it involves m...
-
Stephen Jarislowsky has been warning people for years that the Canadian housing market is in a bubble and he is "convinced" its go...
-
If you are looking to sell your home one of the increasingly popular things to do these days is to hire a home stager . They come into your ...
-
Did you know Toronto is one of the most expensive places to rent an apartment? In Toronto the average price of a two-bedroom apartment is $1...
-
Toronto home prices are a deep concern to Canadian banks - and they're banking on a drop in real estate prices. So much so that surg...
-
Buying a fixer-upper sounds romantic in the same way that adopting a “free puppy” sounds romantic. In your head, you’re imagining exposed br...
-
For those that don't know, Double Dipping refers to a real estate broker practice where they end up representing both the home owner sel...
-
Its so easy to point fingers. Banks. The government. Local politicians / mayors. The real estate industry. The housing industry. Greedy se...
-
While double dipping in real estate transactions is generally considered unethical and may be illegal in many jurisdictions, there are also ...
-
If you have an oil furnace in your home you may have noticed how the price of heating oil has been going up. And a less noticeable change if...


No comments:
Post a Comment
Comments containing links will be marked as spam and not approved. We moderate every comment.