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Tag: fraud

When to sue for an undisclosed defect

This post is not legal advice. For legal advice, consult an attorney, not a blog.
You just bought a house! Congratulations! You just discovered that foundation is cracked, although the seller said the foundation was fine… My condolences…
The next logical question: can you get some recovery from the seller [...]

CNN Money.com: Appraiser sues WaMu

The intersection of ethics and real estate meet again
As if WaMu didn’t have enough on its public relations plate, CNN Money reports:
Jeniffer Wertz, who is seeking unspecified damages, says WaMu stopped accepting her appraisals in mid-2007 a month after she reported that her local housing market in California was “declining.”
Evidently, Wertz claims that Washington [...]

Major Proposed Changes for Residential Closings in 2008

Alternative sexier titles to this post are: “Your Escrow Officer is a NARC” or “No More Quicky Closings” or how about “The Escrow Hills have Eyes”. There are some major changes brewing with how escrow will be practicing their business in 2008. Escrow companies may become “undercover” fraud agents for the [...]

The (legal) importance of a home inspection

(This post is not legal advice.  For legal advice, consult a lawyer about your particular situation.)
First, my apologies to the RCG community.  I recently took a lengthy vacation and have been quite busy since my return.  Moreover, I now need to hire additional staff and thus move to a larger office space.  So, please forgive [...]

Too Close to Home

Ardell’s recent blog, Agent FIRED! Lender Fraud, reminded me of one of my first transactions almost seven years ago. I can’t remember how I came across this client or how he was referred to me because I have deleted him from my database. I don’t ever want to provide a [...]

Agent FIRED! - Lender Fraud

Has Lender Fraud become the standard?
Very sad, but very true story. I received an email from a Rain City Guide reader yesterday. The reader happens to be a local agent who was fired, because of her efforts to both accommodate her Buyer Client, without committing Lender Fraud.
The buyer fired her for not wholeheartedly [...]