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Salt Lake City, UT
/ June 9, 2007 / Press Release / -- The charisma of Sheri
Fitzpatrick is unmistakable and sets her apart from her industry peers.
As Chief Executive Officer of Perfect Home Living, the non-profit
authority on matters involving real estate fraud in today's U.S. housing
market, Fitzpatrick has increasingly become a name echoed within the
increasingly fragmented housing market.
Her passion and
energy in advocating educational awareness to real estate fraud has been
the pulse and the drive that over the past eight years has captured the
attention of national lawmakers and international markets.
"Real estate fraud is
not interesting, it's fascinating," Fitzpatrick says of her
experience in being a part of national case studies that shed light on
loopholes used by criminal elements and enterprises in committing real
estate fraud. But it has been the recent shake-up of past protocol
from industry lifers that now has her most motivated.
Financial lending
institutions and law enforcement agencies have always been leery of
working with those outside the industry on such sensitive issues as real
estate fraud. The highly volatile mixture of finances,
bureaucratic red tape and cross-investigatory divides greatly impede the
ability of those charged with investigating real estate fraud cases from
being able to spot trends or anticipate target Metropolitan Statistical
Areas (MSAs) before criminal elements are able to establish a market
share.
But as heated
pressure continues from the fallout of the sub-prime and prime lending
markets, lenders and law enforcement are increasingly looking outside
the industry box in order to ease increasing pressure on the soundness
of the housing market.
Perfect Home Living
headquartered in Salt Lake City, Utah is no stranger to real estate
fraud. According to the 2007 MARI Index Report, Utah ranked number
two in the nation for mortgage fraud within the sub-prime lending
market.
Fitzpatrick believes
the key attributes she brings from her past employment with Millward
Brown, the ninth largest research firm in the world, is strategy and
leadership and her goal of turning vision into execution for today's
troubling housing sector is vital for its continued success.
Real estate fraud is
a volume-based business model with profit margins that are obtained in a
quick and aggressive manner. Fitzpatrick's strategy is to instill
coordinated efforts from both the private and public sector.
"Being able to anticipate change before it happens and having the
resources to keep pace is what's needed to stop real estate fraud before
it happens," Fitzpatrick says.
"Today's
first-responders to incident reports of real estate fraud are reactive
rather than proactive, arriving after the crisis and by then it's too late and
often costly as we are witnessing in the sub-prime and prime markets.
Today's marketplace leverage comes at a lightening pace and those
charged with educating on such matters have to be committed at working
at such a pace in order to anticipate tomorrow's trends. "
In moving forward,
Perfect Home Living will broaden its strategic partnerships in order to
better address the new emerging market of privatized sub-prime lending
(hard money lenders) which to
date has not been subjected to regulatory controls such as those
placed on persons or business
entities acting in the capacity of licensed real estate professionals
and traditional financial lending institutions regulated at state and federal
levels.
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
email:
businessdevelopment@perfecthomeliving.com |