Tag: 01 Sunrise Road

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03 Sunrise Rd Danbury CT 06810

3 Sunrise Rd Danbury CT 06810 – SCAM ALERT

WARNING: YOUR NEXT-DOOR NEIGHBOR, 05 SUNRISE, IS A RENTAL.

WARNING: THERE ARE MANY RENTAL HOMES IN THIS NEIGHBORHOOD IT IS NOT AN UPSCALE NEIGHBORHOOD – READ BELOW

It’s crucial to approach the property at 3 Sunrise Road with caution. Although it is being marketed at $599,000, its actual worth is only $382,000. This significant discrepancy suggests potential overvaluation, which could impact your investment decision. Conduct thorough research and consider obtaining an independent property appraisal before committing.

WHO OWNS 3 SUNRISE ROAD, DANBURY, CT 06810?

TRM INVESTMENTS LLC DOES THAT’S WHO!

According to town hall property records, TRM Investments LLC, the entity behind the ownership of 3 Sunrise Road, lists its address as 1 Budd Drive, Bethel, CT 06810. This LLC has its principal office at 112 Federal Road, Danbury, CT 06811. This address’s shared occupancy with one of the region’s most prestigious real estate agencies is noteworthy.

1 Budd Drive Bethel CT 06810

The members of TRM Investments LLC

The intrigue deepens when we look at the members of TRM Investments LLC:

  • Terri Rotella
  • John Todd
  • James MacNicholl

All three are listed at the principal office address of 112 Federal Road, Danbury, CT 06811. This address is also home to William Pitt Sotheby’s International Realty, a renowned name in the real estate world.

112 Federal Road, Danbury, CT 06811

The Mysterious Connection: William Pitt Sotheby’s and TRM Investments LLC

William Pitt Sotheby’s International Realty, a powerhouse in the luxury real estate market, shares its office space with TRM Investments LLC. This overlapping of addresses raises several questions. Is this just a coincidence, or does it hint at a deeper collaboration between TRM Investments LLC and the high-profile real estate agency?

Why This Matters

The shared address and the prominent figures behind TRM Investments LLC suggest a potential synergy between the investment company and the real estate agency. This could imply strategic real estate acquisitions, exclusive property listings, or even a broader real estate strategy that benefits both entities.

However, these connections also raise serious concerns about transparency and trustworthiness. Buyers should be wary of properties owned by investment companies rather than individual sellers. This setup can obscure the property’s history, mask potential issues, and complicate negotiations. Always approach such transactions with caution and due diligence.

Red Flag: Buying from a Business vs. an Original Owner

Purchasing a home from a business entity rather than an individual owner is a significant red flag. When dealing with an original owner, buyers can learn about the property’s history, maintenance issues, and neighborhood insights directly from someone with firsthand experience. In contrast, investment companies may prioritize profit over transparency, leading to withheld information about potential problems or inflated property values. This lack of personal connection and disclosure can result in unforeseen complications and added costs for the buyer.

Conclusion: The Allure of Real Estate Mysteries

The story of 3 Sunrise Road, Danbury, CT 06810, and its ownership by TRM Investments LLC is a prime example of how real estate can be as thrilling as any mystery novel. The connections between TRM Investments and William Pitt Sotheby’s International Realty open up a realm of possibilities and questions that only add to the allure of this property.

For those captivated by real estate intrigue, 3 Sunrise Road is a property worth watching. However, this fascination should be tempered with caution. Whether you’re a potential buyer, an investor, or simply a real estate enthusiast, the story behind this property offers a compelling glimpse into the intricate and often secretive world of real estate ownership and investment.

Stay tuned as we continue to unravel the mysteries and stories behind the most fascinating properties in Danbury and beyond. Buyer beware: the allure of a property should never overshadow the importance of thorough research and due diligence.

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03 Sunrise Rd Danbury CT 06810

3 Sunrise Rd Danbury CT 06810 – SCAM ALERT

WARNING: Overvaluation Alert

It’s crucial to approach the property at 3 Sunrise Road with caution. Although it is being marketed at $599,000, its actual worth is only $382,000. This significant discrepancy suggests potential overvaluation, which could impact your investment decision. Conduct thorough research and consider obtaining an independent property appraisal before committing.

WHO OWNS 3 SUNRISE ROAD, DANBURY, CT 06810?

TRM INVESTMENTS LLC DOES THAT’S WHO!

According to town hall property records, TRM Investments LLC, the entity behind the ownership of 3 Sunrise Road, lists its address as 1 Budd Drive, Bethel, CT 06810. This LLC has its principal office at 112 Federal Road, Danbury, CT 06811. This address’s shared occupancy with one of the region’s most prestigious real estate agencies is noteworthy.

1 Budd Drive Bethel CT 06810

The members of TRM Investments LLC

The intrigue deepens when we look at the members of TRM Investments LLC:

  • Terri Rotella
  • John Todd
  • James MacNicholl

All three are listed at the principal office address of 112 Federal Road, Danbury, CT 06811. This address is also home to William Pitt Sotheby’s International Realty, a renowned name in the real estate world.

112 Federal Road, Danbury, CT 06811

The Mysterious Connection: William Pitt Sotheby’s and TRM Investments LLC

William Pitt Sotheby’s International Realty, a powerhouse in the luxury real estate market, shares its office space with TRM Investments LLC. This overlapping of addresses raises several questions. Is this just a coincidence, or does it hint at a deeper collaboration between TRM Investments LLC and the high-profile real estate agency?

Why This Matters

The shared address and the prominent figures behind TRM Investments LLC suggest a potential synergy between the investment company and the real estate agency. This could imply strategic real estate acquisitions, exclusive property listings, or even a broader real estate strategy that benefits both entities.

However, these connections also raise serious concerns about transparency and trustworthiness. Buyers should be wary of properties owned by investment companies rather than individual sellers. This setup can obscure the property’s history, mask potential issues, and complicate negotiations. Always approach such transactions with caution and due diligence.

Red Flag: Buying from a Business vs. an Original Owner

Purchasing a home from a business entity rather than an individual owner is a significant red flag. When dealing with an original owner, buyers can learn about the property’s history, maintenance issues, and neighborhood insights directly from someone with firsthand experience. In contrast, investment companies may prioritize profit over transparency, leading to withheld information about potential problems or inflated property values. This lack of personal connection and disclosure can result in unforeseen complications and added costs for the buyer.

Conclusion: The Allure of Real Estate Mysteries

The story of 3 Sunrise Road, Danbury, CT 06810, and its ownership by TRM Investments LLC is a prime example of how real estate can be as thrilling as any mystery novel. The connections between TRM Investments and William Pitt Sotheby’s International Realty open up a realm of possibilities and questions that only add to the allure of this property.

For those captivated by real estate intrigue, 3 Sunrise Road is a property worth watching. However, this fascination should be tempered with caution. Whether you’re a potential buyer, an investor, or simply a real estate enthusiast, the story behind this property offers a compelling glimpse into the intricate and often secretive world of real estate ownership and investment.

Stay tuned as we continue to unravel the mysteries and stories behind the most fascinating properties in Danbury and beyond. Buyer beware: the allure of a property should never overshadow the importance of thorough research and due diligence.

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The Flip and Fraud at 3 Sunrise Road, Danbury, CT 06810

3 Sunrise Road, Danbury CT 06810 Exposing Real Estate Deceptions

The Truth Behind the SCAM at 3 Sunrise Road Danbury, CT

A recent transaction at 03 Sunrise Road, Danbury, CT, reveals a concerning trend in real estate. The property, sold along with 01 Sunrise Road for $599,000, was quickly relisted separately at an inflated price of $589,000 without the adjacent lot. This deceptive tactic misrepresents the true value, leading potential buyers to overpay. Ethical questions arise as this strategy prioritizes profit over transparency and fairness, underscoring the need for vigilance and due diligence in real estate dealings.

03 SUNRISE ROAD IS A SCAM. YOU HAVE BEEN WARNED THIS IS A FLIP. THEY HAVE STIPPED THE 1/2 ACRE FROM 01 SUNRISE ROAD OFF THIS LISTING. IF YOU BUY THIS, YOU WILL FUND THE HOUSE THEY BUILD NEXT TO YOU WITH YOUR MONEY.

The Long-Term Risk of Buying 03 Sunrise Road – Financial Implications for Potential Buyers

Market Predictions and Financial Stability

Purchasing the property at 03 Sunrise Road, Danbury, CT, poses significant financial risks. Due to the inflated resale price, the surrounding market will take over a decade to align with these costs. This leaves potential buyers in an upside-down position for over ten years, facing negative equity and potential financial strain. Buyers should consider these long-term market projections before committing to such an investment.

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THE SCAM ON 1 and 3 Sunrise Rd Danbury CT 06810

Front View of the Home at 03 Sunrise Road Danbury CT 06810

SCAM ALERT – Danbury Real Estate – SCAM ALERT

Buyer Beware – A Tale of Misleading Real Estate Tactics

Danbury Real Estate Deceptions: What do 01 Sunrise Road, Danbury, CT 06810, and 03 Sunrise, Danbury, CT 06810 have in common?

Beware that thieves and scam artists often believe they’re outsmarting you with their cunning, as seen with the property at 01 and 03 Sunrise Rd Danbury, CT 06810. Yet, by observing carefully and trusting your own judgment over persuasive words, you can unveil their deceit before falling prey. Always remember, it’s not their perceived intelligence you need to worry about; it’s their intentions.

A recent property sale in the picturesque setting of Sunrise Road has sparked conversation and concern among potential homebuyers and ethical observers alike. This case study of Danbury Real Estate Deceptions serves as a cautionary tale, illustrating the necessity for vigilance in the real estate market, where appearances can be deceiving and the price of unawareness can be substantial.

The Alluring Deal: A Closer Look at Sunrise Road

The properties at 03 and 01 Sunrise Road, a charming home and an adjacent empty lot, respectively, were sold for $599,000 on 1-16-2024. The bundle presented an enticing opportunity for anyone looking to invest in real estate, offering a ready-to-move-in house with potential for expansion or a new development next door. However, the purchaser’s subsequent actions highlight a disturbing trend in the market.

ON 1-16-2024

1 SUNRISE ROAD & 3 SUNRISE ROAD SOLD FOR $599,00

WITH A ZESTIMATE OF $582,000

Areial view of 1 Sunrise Road and 3 Sunrise Road, shown as one property

The Plot Thickens: Separating the Pair

Shortly after acquiring these properties, the new owner listed 03 Sunrise Road, Danbury, CT 06810—the house—alone for $589,000 (Click me to see the Zillow listing.)

At first glance, this move suggests a generous price reduction. However, the omission of the 01 property, the empty lot, from the deal paints a starkly different picture of the seller’s intentions. This strategic separation of the properties without clear disclosure manipulates the perceived value, potentially misleading uninformed buyers into overpaying.

TODAY, 3-23-24, 03 SUNRISE ROAD IS LISTED FOR $589,00.

DO NOT BE DECEIVED THE FAIR MARKET VALUE IS $382,000.

Danbury Real Estate Fraud on Full Display

03 Sunrise Road, Danbury, CT 06810 is selling for $589,000 –THE FAIR MARKET VALUE IS $382,000

THE PRICE SHOWN IS FOR LOT 03 ONLY

DO NOT BE DECEIVED THE FAIR MARKET VALUE IS $382,000.

The Greed Behind the Scenes: An Ethical Examination

The decision to split the properties for resale, particularly in a deceptive manner, raises significant ethical questions. This strategy, arguably employed to maximize profit at the expense of transparency, indicates a broader issue within the real estate market. It exemplifies a greedy approach, prioritizing the seller’s gain over fairness and honesty toward buyers.

This behavior is emblematic of individuals who place personal gain above ethical standards. Such persons may rationalize their actions under the guise of business acumen, yet their tactics often border on or outright cross into unethical territory. Their actions can erode trust in the market, harm unsuspecting buyers, and contribute to a culture of skepticism and wariness among potential investors.

Buyer Beware and Be Aware: Navigating the Real Estate Market

The story of 03 and 01 Sunrise Road, Danbury, CT 06810, is a potent reminder of the importance of due diligence when navigating the real estate market. Buyers must adopt a stance of informed caution, recognizing that not all deals are as straightforward or as favorable as they may seem. Researching, asking the right questions, and consulting with real estate professionals can help uncover a property’s actual value and potential pitfalls.

Conclusion: Ethics in Real Estate – A Path Forward

With its complexities and potential for significant investment, the real estate market is fertile ground for opportunity and exploitation. The situation at Sunrise Road in Danbury, Connecticut, underscores the critical need for ethical conduct among sellers and vigilance among buyers. Fostering transparency, fairness, and accountability in real estate transactions will protect individuals and support the market’s integrity as a whole.

To safeguard against the kind of misleading situation encountered on Sunrise Road, here’s a comprehensive checklist for potential real estate buyers:
  1. Property Title Verification: Ensure the title is clear of liens and encumbrances. A thorough title search can reveal if the seller has the legal right to sell the property.
  2. Land Survey: Conduct a land survey to confirm the property boundaries and ensure they match the listing details. This step is crucial for understanding what you’re actually buying.
  3. Zoning Regulations: Check local zoning laws to understand how to use the property. This is especially important if you have plans to build or modify the existing structures.
  4. Property Valuation and Price Comparison: Obtain a professional appraisal to determine the property’s market value. Comparing this property to similar properties in the area can help you gauge whether the price is fair.
  5. Inspection for Structural Integrity: Have a professional inspect the house’s condition, focusing on the foundation, roof, plumbing, and electrical systems. This can prevent unforeseen expenses after purchase.
  6. Environmental Assessments: Check for soil quality, water drainage, and hazardous materials like asbestos or lead paint. Ecological assessments can help avoid health and safety issues.
  7. Utilities and Services Check: Verify the availability and condition of essential services, including water, electricity, gas, and internet. Ensure there are no outstanding utility bills.
  8. Community and Neighborhood Research: Understand the community and neighborhood dynamics. Researching local schools, crime rates, and future development plans can give insights into the area’s livability and potential property value changes.
  9. Legal Compliance and Permits: Ensure that all construction and modifications on the property comply with local laws and have the necessary permits. Unpermitted work can lead to legal issues and additional costs.
  10. Financial and Tax Implications: Review property taxes, potential homeowners’ association (HOA) fees, and insurance costs. It’s also wise to understand the tax implications of your purchase to avoid surprises.

By meticulously reviewing this checklist, you can significantly reduce the risk of falling prey to misleading real estate practices and make a more informed decision about your investment.