Guide to Real Estate Fraud

Straw Buyer

A straw buyer is employed to acquire a property for a shareholder who may not have qualifications for a loan due to numerous property loans. Alternatively, the investor has the purpose to resell the property within months for profit. While the property flipping scheme had legitimate and legal intentions, the investor faces fraud charges for the deception used to purchase the real estate.

SAO protects homeowners

fotosearch.com

The Washington State’s Attorney’s Office is determined to go after unwarranted agencies such as The Foreclosure Assistance Solutions that bleed the meager resources of poor homeowners who only want to save their property from being foreclosed. In this connection, The Attorney General’s Office has ordered FAS to submit the list of consumers who availed of their promised services.

Homeowners who were “victimized” by the empty pledge of FAS will likely get a partial refund of three hundred to five hundred dollars each. Meanwhile there is a proposed legislation by the Washington Attorney General’s Office where the homeowners shall be given protection from agencies offering bogus rescue services. This bill shall be implemented on June 12, 2009

Definition of Real Estate in the Web According to Google

Definition of Real Estate in the Web According to Google

• A portion of the earth’s surface extending downward to the center to the earth and upward into space, including all things permanently …
  realestate.aol.com/glossary
• Land and anything permanently attached to the land whether by nature or by person.
  www.rileycountyks.gov/index.asp
• an identified parcel or tract of land, including improvements, if any.
  www.lucianoappraisals.com/gpage4.html
• Term for land and all fixtures to land, including buildings and other improvements.
  www.assignmentscanada.ca/definitions/realestateterms.html
• Land, including all inherent natural attributes and man-made improvements of a permanent nature placed thereon.
  www.buckeyereserve.com/glossary_of_terms.htm
• Land and anything permanently affixed to it, including buildings, fences and other items attached to the structure.
  www.metrolibertymortgage.com/commonterms.html
• One who is licensed by the state to carry on the business of dealing in real estate. A broker may receive a commission for his or her part in bringing together a buyer and seller, landlord and tenant, or parties to an exchange.
  www.titleguarantynm.com/glossary/glossary_b.asp
• Land and all physical property on, below or attached to the land. Houses, sewers, trees and fences are all real estate.
  www.ncbuy.com/credit/glossary.html
• A term which is used to describe land. Real property is transferred by a deed. All other property is known as personal property.
  www.national1credit.com/Commonly_Used_Legal_Terms1.html
• Land and its appurtenances (attachments such as buildings or other structures or improvements)
  woodmoorsite.com/glossary.html
• Includes real property, leasehold and business whether with or without premises, fixtures, stock in trade, good of chattels in connection with the operation of the business.
  www.ottawahomesandcondos.com/looking_buy_glossary.cfm
• This refers to the physical land and appurtenances, including structures affixed thereto. In some states, by statute, this term is synonymous with real property.
  www.charmeck.org/Departments/LUESA/Property+Assessment+and+Land+Records/Real+Estate/Real+Estate+Terminology.htm
• This is the land, appurtenances and all structures erected thereon. Usually used synonymously with real property.
  caruthersinc.com/glossary.php
• A piece of land and whatever physical property is on it.
  bank-street.co.uk/glossary.html
• land, improvements to the land (buildings), a mine or quarry, minerals, standing timber and any estate or interest in the previously mentioned property.
  www.appraisalrelief.org/en/cms/
• Commonly used to mean land and whatever is attached to land (such as houses, trees, fences and the like).
  svc013.wic009tp.server-web.com/social_justice/ntreport05/app1.html
• Homes, offices, or other land or buildings that you can invest in. An investor might choose to invest in a house if he thinks it is in a market where property values will rise in the near future.
  www.nfec.info/main/resources/glossary
• is land and any additions and improvements, such as buildings, sewers, sidewalks, and anything else considered to be permanently attached to the land. …
  thismatter.com/Money/Real-Estate/Tutorial/Realty.htm
• Land and those things erected or growing upon it, such as buildings, fences or crops. The term embraces items such as light, plumbing and heating fixtures when permanently attached.
  nesara.org/main/dictionary.htm
• Land including all the natural resources and permanent buildings on it. Specialized technician A person with the knowledge and skill needed to carry out a specific technical procedure.
  www.economicadventure.org/teachers/glossary_dec.cfm
• A section of land including all the natural resources (above and below the surface) and any permanent buildings or structures located on it. See also “Real Property.”
  www.canequity.com/mortgage-resources/
• This is the land itself and all things permanently attached to it.
  www.one-ifbyland.com/dictionary.htm
• Such gifts will be counted at fair market value as determined by a qualified third-party appraiser, subject to IRS rules and regulations.
  www.wvuf.wvnet.edu/Text/tdefinition.htm
• Land or land and improvements. Statutory law may broaden a definition of real property to include, for example, mineral rights or machinery permanently attached to a building. …
  www.co.gwinnett.ga.us/cgi-bin/gwincty/egov/ep/gcbrowse.do
• real property: property consisting of houses and land
  wordnet.princeton.edu/perl/webwn
• Real estate or immovable property is a legal term (in some jurisdictions) that encompasses land along with anything permanently affixed to the land, such as buildings. …
  en.wikipedia.org/wiki/Real estate