Press Release  
   
Understanding Why "Real Estate Investor" Can Mean Prison Time  

By: Michael Blackburn
 
   
For Immediate Release  
   
Hotel seminars and late night infomercials speak of real estate fortunes but rarely speak to or about the myth of what's in a title.  But for some they are being caught up in real estate fraud schemes, carrying titles can mean all the difference in the world.  
   

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

 
   
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