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Salt Lake City, UT
/ May 7, 2007 / Press Release / -- With a population of 2.6
million people, Utah has become known as the center of real estate fraud
mania.
The question is why?
Tonight world class
media personality Bill Gephardt of CBS affiliate KUTV Channel 2 will
examine a problem that is far reaching and plaguing neighborhoods all
across the the great state of Utah.
Although new laws
have been enacted through actions spearheaded by Representative Paul Ray
(R) Clinton, there has been little slow down to the boom of real estate
fraud as the result articles published by local newspaper outlets that
continue to paint Utah's real estate market as safe investments with great returns.
"Tonight's story
epitomizes one of the numerous types of fraud that consumers routinely
report to our organization," says Sheri Fitzpatrick CEO of Perfect Home
Living. "The key to removing this growing epidemic from real
estate markets is through proactive education campaigns and continued
efforts by responsible media outlets like CBS that remain steadfast in
their commitment to Utah and her consumers," Fitzpatrick continued.
CBS affiliate KUTV
Channel 2 will air a story tonight that asks the tough question of how a
man from Oregon with an annual salary of only $50,000.00 was able to
purchase a home allegedly valued at over $1 million dollars.
CBS affiliate KUTV
Channel 2 will air its story tonight at 10:00 pm MST.
To watch more of Bill
Gephardt from CBS affiliate KUTV Channel 2 please click here.
If you have been a
victim or know of someone that has been a victim of real estate fraud,
mortgage fraud or
predatory lending please contact us at 801.502.2508.
About Perfect Home
Living
Perfect Home Living
is a nationally recognized leader that
assists in implementing programs and providing training to financial
lenders as well as educating consumers and licensed professionals
to red flags within today's real estate market. For more information or to request assistance please visit us online at:
http://www.PerfectHomeLiving.com |