David Thomas
(707) 769-7188

Contact by E-mail

 

California Department of Real Estate issues fraud warning
 

Protect yourself is the name of the game these days.  Don't get taken, and check here often for updates on where the market is headed and what to watch out for.
 
Questions?  That's what I'm here for!   Read below for more information, and Click Here to get quick answers to your questions.
 
David Thomas, Realtor® - Quality Service Certified Top 300 "Best of the Best" agent since 2006
Century 21 Bundesen
(707) 769-7188 direct
(707) 762-1032 fax
E-mail:
SellThatHouse@Century21.com
Website: www.SellThatHouse.net

  California Department of Real Estate issues fraud warning:

The DRE recently issued a fraud warning alerting consumers about loan modification scams and informing consumers of what they can do to protect themselves. The alert is available in both English and Spanish.  Last July, the DRE had fewer than 10 complaints involving loan modification companies; today the department has 750 pending investigations. In addition, since last October, the DRE has filed more than 200 Desist and Refrain Orders. A list of the companies and persons the DRE has filed an action against can be viewed at http://www.dre.ca.gov/cons_drs.asp.

It is worth noting that not all firms who collect advance fees for loan modification services do so illegally, the DRE said.  In general, only licensed real estate brokers and attorneys operating within the scope of their license may collect advance fees. Real estate brokers must have their advance fee agreement reviewed by the DRE prior to its use to ensure it is compliant with real estate law.

C.A.R. also has learned of what appears to be a loan modification assistance program and lead generator, from a company using the legislative bill number 3648, that looks as if it’s a government entity, complete with a misleading seal closely resembling a governmental seal but that is not affiliated with the government. C.A.R. cautions all members to be on the alert for schemes seeking funds from REALTORS® or consumers with no value, or that may be misleading or unlawful.

Click Here for more information and steps you can take to protect yourself.

David Thomas, Realtor® - Quality Service Certified Top 300
"Best of the Best" agent since 2006
Century 21 Bundesen
(707) 769-7188 direct
(707) 762-1032 fax
E-mail:
SellThatHouse@Century21.com
Website: www.SellThatHouse.net
Ca. Dept of Real Estate: #01290314

My business comes from your referrals of family and friends. My goal is that every communication, question, problem, and transaction be treated so fantastic that you seek me out to entrust me with those referrals. Thank you in advance!

Featured Listings

Home Buyers

Learn about the buying process, from choosing a Realtor® to closing escrow. Search for homes in surrounding areas using our Advanced Property Search. Register now to create and save your own searches, and receive e-mail updates when new properties meeting your criteria are listed in the MLS.

Tips for Buyers    Home Search    Questions?

Home Sellers

By developing a marketing strategy and managing the transaction, we can help you sell your home fast and on the best possible terms. Our Home Selling Tips will get you started. Curious about the value of your home? Do you have questions about the selling process? Contact us today!

Tips for Sellers    Your Home Value    Questions?


Listings by E-mail

Receive e-mail when new properties meeting your criteria are listed!
Log In

Quick Search

Select a City:
Select Property Type:
Beds
Baths
Price Range:
$
to $
MLS Number:
Postal Code:

All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Neither CENTURY 21 Bundesen nor the service providers for CENTURY 21 Bundesen are liable for any errors or inaccuracies in the information provided through this website. Each Office is Independently Owned and Operated. © 2008 Century 21 Real Estate LLC. CENTURY 21® is a registered trademark licensed to Century 21 Real Estate LLC. Equal Housing Opportunity. Each Office is Independently Owned and Operated.

CENTURY 21 Bundesen 616 Petaluma Blvd. South, Petaluma, Ca 94952, P:707-769-9000

Design by NetAspects - Real Estate Website Design