Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/ Sacramento CA real estate specialist, Gena Riede offers expert advice, neighborhood videos, Home Buyer and Home Seller tips, MLS access to NEW homes for sale Tue, 07 Sep 2010 16:35:35 +0000 hourly 1 http://wordpress.org/?v=3.0.1 Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-11624 Gena Riede Wed, 21 Jul 2010 02:55:51 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-11624 Thank you. Thank you.

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-11467 Robbie Uptmor Mon, 19 Jul 2010 18:19:54 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-11467 I really like my blogs and yours an A+ from me. I really like my blogs and yours an A+ from me.

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-5619 Gena Riede Sun, 30 May 2010 16:20:38 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-5619 Yes, you are absolutely right. I have to admit there are times I forget my bags that are in the trunk, too. Your comment serves as a reminder that we all need to be more diligent in helping to protect our environment. Thank you. Yes, you are absolutely right. I have to admit there are times I forget my bags that are in the trunk, too. Your comment serves as a reminder that we all need to be more diligent in helping to protect our environment. Thank you.

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-5595 Jasmin Postiglione Sun, 30 May 2010 10:37:14 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-5595 I see people using plastic bags in the grocery store every weekend. It makes me angry sometimes. When will our local government ban these ugly plastic bags? Sometimes, I wanted to tell the people in line to just bring their own plastic bags or get a few of durable green supply bags. These bags last me a long time. I even don't remember the last time I paid for the bags. Do yourself a favor, buy a few of these reusable bags and put them in your car. Even better, give it to the nice person in front of the line when you see he/she is asking for plastic bags. I see people using plastic bags in the grocery store every weekend. It makes me angry sometimes. When will our local government ban these ugly plastic bags? Sometimes, I wanted to tell the people in line to just bring their own plastic bags or get a few of durable green supply bags. These bags last me a long time. I even don’t remember the last time I paid for the bags. Do yourself a favor, buy a few of these reusable bags and put them in your car. Even better, give it to the nice person in front of the line when you see he/she is asking for plastic bags.

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-3903 Gena Riede Sat, 15 May 2010 02:23:09 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-3903 Thank you. I appreciate your readership. Please continue to read and let me know if there is a topic you would like covered. Thank you. I appreciate your readership. Please continue to read and let me know if there is a topic you would like covered.

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-3890 Jorge Dominick Fri, 14 May 2010 22:10:23 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-3890 Thanks for posting this. Very nice recap of some of the key points. Your readers find it useful! Thanks again. I've been reading along for a while now. Thanks for posting this. Very nice recap of some of the key points. Your readers find it useful! Thanks again. I’ve been reading along for a while now.

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-323 Christiane Thu, 29 Nov 2007 16:01:09 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-323 Gena, A excellent explanation about mortgage fraud and the ways it is committed. It is distressing that it is so prevalent. even more troubling is the thought that all of this white collar crime might go unpunished due to an overwhelmed law enforcement system, judicial system, and penal system. I fear that we will have some very real choices to make in the near future. Do we prosecute the guy who murdered your neighbor or the one who defrauded them and cause them to lose their home? The reality is that we simply do not have enough investigators, court time, or prison cells to go after all of these criminals. Believe me, I am not for allowing the perps to go unpunished, I am merely adding a dose of reality to the equation hoping to stimulate a dialog about what we might do. Gena,
A excellent explanation about mortgage fraud and the ways it is committed. It is distressing that it is so prevalent. even more troubling is the thought that all of this white collar crime might go unpunished due to an overwhelmed law enforcement system, judicial system, and penal system. I fear that we will have some very real choices to make in the near future. Do we prosecute the guy who murdered your neighbor or the one who defrauded them and cause them to lose their home?
The reality is that we simply do not have enough investigators, court time, or prison cells to go after all of these criminals. Believe me, I am not for allowing the perps to go unpunished, I am merely adding a dose of reality to the equation hoping to stimulate a dialog about what we might do.

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-322 Sacramento Real Estate Voice » Blog Archive » Sacramento Foreclosure Auction Looking for Suckers! Fri, 15 Jun 2007 17:03:29 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-322 [...] Fraud in Real Estate [...] [...] Fraud in Real Estate [...]

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-320 Gena Thu, 22 Feb 2007 16:21:18 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-320 Carl, It's never a good idea for any reputable Realtor in my estimation to credit back money to a Buyer. Lenders are not keen on that unless the Lender is kept appraised of the fact that money is coming back to the Borrower which would in fact be expected to lower what the Lender was intending the Borrower to pay. One accept that both Buyers, Sellers and some Realtors are unaware of is the tax implication of doing such a thing. If the Realtor is under handedly giving money back, the Realtor must pay tax on those funds. I was shocked when you indicated that the Realtor gave you lockbox codes. I would say that if indeed that was done, this was not a Realtor but an agent who is unaware of the legal implications of his actions. Reporting these acts is certainly justified and hopefully the agent will learn something from all this. Carl, It’s never a good idea for any reputable Realtor in my estimation to credit back money to a Buyer. Lenders are not keen on that unless the Lender is kept appraised of the fact that money is coming back to the Borrower which would in fact be expected to lower what the Lender was intending the Borrower to pay.

One accept that both Buyers, Sellers and some Realtors are unaware of is the tax implication of doing such a thing. If the Realtor is under handedly giving money back, the Realtor must pay tax on those funds.

I was shocked when you indicated that the Realtor gave you lockbox codes. I would say that if indeed that was done, this was not a Realtor but an agent who is unaware of the legal implications of his actions. Reporting these acts is certainly justified and hopefully the agent will learn something from all this.

]]> Fraud in Real Estate? http://www.sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/comment-page-1/#comment-321 Gena Thu, 22 Feb 2007 16:11:18 +0000 http://sacramentorealestatevoice.com/2006/11/29/fraud-in-real-estate/#comment-321 Cindi, I am thrilled that the bloggers at Mortage Fraud felt that this was the best article written on Mortgage Fraud and that you decided to post it on your site, in its entirity. However, it is customer to give credit to the author and I see no where on your "Fraud" blog where credit has been given. In my estimation, this would be considered fraud in itself or at least plagiarism. I do hope that you correct that and give Sacramento Real Estate Voice credit where credit is due. Thank you. Cindi, I am thrilled that the bloggers at Mortage Fraud felt that this was the best article written on Mortgage Fraud and that you decided to post it on your site, in its entirity. However, it is customer to give credit to the author and I see no where on your “Fraud” blog where credit has been given. In my estimation, this would be considered fraud in itself or at least plagiarism. I do hope that you correct that and give Sacramento Real Estate Voice credit where credit is due.

Thank you.

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