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Salt Lake City, UT
/ February 12, 2008 / Press Release / -- Some consumers are led to
believe that fame and fortune in today's real estate market is but a
heartbeat away. Infomercials by the dozens have consumers
believing that after a few hours of DVD watching millions will begin to
pour in and the hard times that has overshadowed their current financial
realm - now gone forever. But wait a minute there is a added
bonus- for those consumers that race home and watch the entire DVD
within the first twelve hours of purchase, for them they will be given
the exclusive title of "Real Estate Investor."
DVDs, Books, Tapes,
Streaming On-Line Videos promote the term as though it were the cure for
all that ails in the world today. No three words in the English
language carries more weight or prominence than real estate investor.
Real Estate
Investor.
With those three
words you have carte blanche to enter the world of blog-o-sphere and and
be viewed as an expert. Your advice from unsuspecting consumers
will be sought as expert opinion even though your own first deal has yet
to take place.
However as some have
learned the flip side of real estate investor doesn't carry the same
glitz or glamour. For some like Bruce Espeland in Portland, OR the
term real estate investor can equate to "grand jury indictment."
For starters
investors no matter what industry as a pre-requisite already have money
to invest. Most so-called real estate investors however are
borrowing money from third party sources and usually not at terms or
rates beneficial to the investor. Secondly most real estate
investors have little to no experience in real estate investing and rely
heavily upon licensed professionals but because the consumer bears the
title real estate investor they are perceived to have more knowledge
than a lay person which in many cases simply is not true.
"Being associated
with the term Real Estate Investor limits resources when it comes time
to prove innocence or guilt in cases where real estate fraud is
involved," says Sheri Fitzpatrick, CEO of the non-profit Perfect Home
Living, based in Salt Lake City, Utah that exclusively works cases where
real estate fraud is alleged. "Someone like Donald Trump is
a real estate investor, uninformed consumers that are told to rely upon
criminal enterprises that act as one stop shops are far from real estate
investors and if they aren't careful could find themselves associated
with another title convicted felon," she added.
About Perfect Home
Living
Perfect Home Living
is a nationally recognized leader that
assists in implementing programs and providing training and education to financial
lenders , government entities, 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 |