Written by REFATAugust 21, 2014 October 18, 2011 Ed Martinez, REFAT Public Outreach Committee Member Oxnard, Calfornia-People from all walks of life with the common bond of home ownership came to listen with hopes of finding a way to navigate through the maze of information to help save their homes. Some are
Written by REFATAugust 21, 2014 May 20, 2010 Janet Dorsey, REFAT Public Outreach Chair If you weren’t in attendance at the Ventura County Real Estate Fraud Advisory Team’s (REFAT’s) Industry Outreach Forum on Thursday, May 20th, you missed out on three dynamic, heavy-hitting speakers discussing current fraudulent activity and efforts to lose
Written by REFATAugust 21, 2014 Date: March, 2011 Home Mortgage Relief Through Litigation and “Too Good to Be True” Claims Regarding Its Use to Avoid and/or Stop Foreclosure, Obtain Loan Principal Reduction, and to Let You Have Your Home “Free and Clear” of Any Mortgage). This alert is written to warn consumers
Written by REFATAugust 21, 2014 Date: January, 2011 Based on current trends in real estate fraud investigations, the following summary of a new version of a foreclosure rescue scam has been provided by a prosecutor in Northern California. We have seen similar seminars and scams operating in Ventura County. One such scam
Written by REFATAugust 21, 2014 Date: October, 2010 Fraudulent foreclosure “rescue” professionals use half-truths and outright lies to sell services that promise relief to homeowners in distress. In exchange for an upfront fee of several hundred dollars, so-called forensic loan auditors… Download
Written by REFATAugust 21, 2014 Date: October, 2010 The DRE has noticed an increase in the use of questionable and possibly misleading terms such as “expert”, “certified”, and “specialist”…and many of these designations and claims seem to be nothing more than marketing ploys by unscrupulous fraudsters to capitalize on the desperation and
Written by REFATAugust 21, 2014 Date: September, 2010 Several months ago, the Calif.Department of Real Estate issued a warning to the real estate industry about short sales and growing fraud in this area. This update is on the growing, questionable, and sometimes unlawful practice requiring buyers to pay the fees charged by
Written by REFATAugust 21, 2014 Date: June, 2010 Attorney General Edmund G. Brown Jr. warns that while short sales can provide homeowners with a last-ditch alternative to foreclosure, this market is rife with scam artists. Homeowners and buyers, agents, and lenders should beware of short sale negotiators who operate without licenses, use
Written by REFATAugust 21, 2014 Date: May, 2010 Multiple scams have recently come to light with the increase in Short Sales. By definition, a Short Sale occurs when a property needs to be sold and the value is less than what is owed to the lender(s). A successful Short Sale requires the
Written by REFATAugust 21, 2014 Date: April, 2010 If you are considering engaging in a short sale transaction, you should fully educate yourself about the mechanics of the process and the related legal and ethical issues and work only with legitimate professionals. This report from the California Department of Real Estate will
