Sacramento Association of REALTORS® Web Log » Fraud

C.A.R. Monthly Message March 2011

Beth L. Peerce — Tue, 08 Mar 2011 15:59:15 +0000

Dear REALTORS®,

Over the past few months, I’ve been sharing with you the many things that C.A.R. has been doing to address your concerns related to short sale transactions. We recently conducted a survey to obtain information about members’ experiences working with lenders in distressed transactions. The results of the Short Sale Lender Satisfaction [...]

Real Estate Fraud Becomes Riskier in Sacramento County

Dave Tanner — Sat, 18 Sep 2010 15:00:22 +0000

Sacramento County District Attorney Jan Scully announced in early August that all real estate fraud investigations in Sacramento County will now be conducted by investigators assigned to her office. For those that support strong action against the perpetrators of real estate fraud this should be very welcome news.

Up until now, the county sheriff [...]

STANDARD FORM “AS IS” CONTRACT FRAUDULENTLY CLAIMS TO BE C.A.R. APPROVED

Daniel Allen — Mon, 25 Jan 2010 16:00:03 +0000

Members have reported that certain investor buyers use a standard form “As-Is Contract for Sale and Purchase” which fraudulently purports to be approved by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). This standard form agreement has been used by Greenhills Financial Investment, LLC, among others. C.A.R.’s Legal Department is vigilantly pursuing this matter, which includes [...]