L.A. Loft Blog

Social Media Giant Blocks Mills Act Condo Advertisements

Downtown Historic Lofts Blocked by Facebook

REAL ESTATE NEWS — (Downtown Los Angeles, CA) Technology news media CNET recently reported on how Downtown loft specialist real estate professional Corey Chambers was falsely labeled a “political advertiser” because Facebook keeps fumbling political ads. #millsact #dtla #loft

After the behemoth social media monopoly caused massive political upheaval by their mistreatment of user personal data for political advertisers, Facebook began to force political advertisers to register. The problem is that Facebook is discerning political advertisers as gracefully as a bull shops for fine china. Facebook stopped a real estate ad for Mills Act lofts, insisting that it is a political ad. Likely because the real estate ad includes the words “tax” and “act,” clumsily fingered by Facebook’s sketchy algorithms and ineffective censors.

COREY VS. GOLIATH

In the real estate ad in question, these words are only used to describe a type of property. The Facebook advertisement’s sole purpose is to inform potential home buyers about Mills Act properties, and to sell condos, not politicians. After Facebook was notified of the error by real estate professional Corey Chambers, ( who is the Publisher of the L.A. Loft Blog), Facebook refused the correction, and continued to insist that the real estate ad was a political ad. Facebook demanded to see Corey Chambers personal information such as identification and social security number etc.

“I’m more than happy to share my personal information and register when appropriate,” says Corey Chambers, “but we should be very reluctant to hand over personal information in that way when the demand from Facebook is based on a falsehood, particularly when we know for a fact that Facebook abuses personal information, and also has a problem with the truth. With a pretense of appropriate action, Facebook actually increases its interference in American politics, business and more than two billion personal lives.”

When CNET reporter Queenie Wong later questioned Facebook. The accused democracy killer replied, admitting that the historic Mills Act condo ads were pulled as a “false positive”.

Unlike Facebook and its colluding websites, The L.A Loft Blog pledges an eternal alliance with free speech, truth and fairness, with all politics being subordinate to freedom of expression.

Countless other small businesses have been caught up in Facebook’s political foibles, including restaurants, even queer open mic nights. Read the full CNET article at https://www.cnet.com/news/facebook-keeps-fumbling-political-ads/

Get a free list of Mills Act historic lofts. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/ze1qfwn1rrhoda/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Scammers are tricking people in escrow out of enormous payments.

CBNC reports that wire fraud schemes are increasingly targeting homebuyers. Buyers are tricked into wiring their deposits, down payment or full cash purchase funds on the day of closing to a fake offshore account. Criminals have tricked, spoofed or co-opted escrow or the real estate agent’s email account. Recently, a real estate agent forwarded a spoof email to a buyer. The agent was later forced to reimburse more than $100,000 of the buyer’s damages. Losses from these scams are typically not covered or reimbursed by the bank. When the buyer wires the funds, which may be tens of thousands or hundreds of thousands of dollars, the money is a devastating TOTAL LOSS for the home buyer. Since the bank wire goes overseas, it’s nearly impossible for victims to recover their money. Victims have lost six-figure sums and had to cancel transactions on their dream homes due to this fraud. To prevent this fraud, home buyers should call the escrow company by phone to verify the account and bank wire instructions verbally before sending a bank wire. #realestate #fraud #bankwire

Downtown loft and condo buyers and renters have been victimized by identify theft fraudsters on Craigslist, fake philanthropists with bogus proofs of funds and several undisclosed lawsuits.

Did you know that around 25% of Downtown Los Angeles loft listings are currently or recently involved with some kind of litigation or lawsuit? Free reports are available to help prevent buyer mistakes and lawsuits.

Which buyer mistake will you make? Get a free report on how to avoid 6 costly mistakes, save thousands and have a smooth home purchase at www.BuyerMistake.com or fill out the online form:

<a href="https://laloft.wufoo.com/forms/zzdsl1f1k78x3i/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

Author: L.A. Loft Blog

Facebook Falsities – Clumsy Social Media Steps on Downtown Historic Lofts

Real Estate Bank Wire Fraud: Careful Sending Earnest Money Deposits and Home Purchase Funds

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