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Innocence By Deception He Was Not Speeding

By
Services for Real Estate Pros with The Real Estate Investment Institute 1retiredsage

 

 

AR FL: At the opening moments his trial retired Canadian Duddy Do-Right, known lovingly by all as DD pleaded not guilty. Innocence By Deception He Was Not Speeding

DD’s attorney Mr. Tunnel Vision, Esquire ask for immediate dismissal sighting that DD was not speeding at the time of the incident. Tunnel explained that DD was extremely careful not to exceed the speed limit when taking his fare to home ownership. Tunnel’s opening statement went on to explain that DD was hired to transport his fare to home ownership, not to act as a body guard, he explained that DD was strictly a transportationnal driver. As a transportational driver DD had no liability indeed no responsibility to stay the course and remain on the straight and narrow. There for he stated DD was innocent!

After weeks of rationalizing and distracting the court, the court ruled. Judge Clear Vision Smith explained it was commendable that DD obeyed the speed limits, but he and his fare were guilty as charged of criminal conspiracy when they left the straight and narrow taking a short cut across the evil banker’s foot.

This fantasy, that only one law applies, that all that matters is getting from "a to z" is being suggested today in real estate. The idea has been suggested that if you can find away around one law (RESPA) you can commit fraud, because the offending document (a HUD-1) was not required by the law. The idea that lacking fiduciary you can disclaim conspiracy is pure fantasy! Worst of all are those who know better who are willing to rationalize away their common sense to short cut around problems, because the "victim" (In their eyes!) was an Augean Banker.

Rationalizing your use of a short cut is a Sirens’s call, a Jezebel! If you must and you should hear such things have your staff lash you to the mast, but first protect them pour wax in there ears.

 

 

 

What Do You Do When The Short Sale Lender Says "It can't be on the HUD".

Posted by

Bill

William J Archambault Jr

The Real Estate Investment Institute

wja@reii.org      Cell 832-259-7078,      Houston 832-582-8415,       Las vegas 702-516-1569

     http://www.reii.org  Back Cover One House At A Time http:www//reii.orghttp://www.flippingforfunandprofit.info/ http://www.billarchambault.com   

From my past: GRI 1975, FLI 1974, Catalyst from a client 1974 an agent that makes things happen, REII, The Real Estate Investment Institute 1995.

http://www.reii.org

©William J Archambault Jr   ©The Real Estate Investment Institute   ©REII

Comments(4)

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

WOW - I guess you sit back and wait for the audit and the MASSIVE fine they wont be able to afford t pay so we will then hand out another bailout so we all can pay a fine for another knowing mistake??? That is how we work here most effectively, isn't it?

Sep 29, 2011 05:54 AM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX

David,

And wait! And wait! And wait! And wait! And wait! And wait! And wait...

We're talking about fraud as I understand it the statute of limitations doesn't start until it's discovered. I suspect that allot of banks will accept these HUD-1's to help clear the books and then when the crisis is over they'll start discovering they were fraudulent, at witch time even the buyers are at risk! Get good title insurance! But, then again the title company is a co-conspirator!

The only protection the consumer has is the personal integrity of his agent.

"another bailout so we all can pay a fine for another knowing mistake???"

Carter pardoned the draft dodgers, Regan the invaders, any thing is possible.

Bill

Sep 29, 2011 06:12 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Bill you would think that something would be learned from the mistakes of the past.  Short cuts usually only lead to long term problems.

Sep 29, 2011 02:26 PM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX

George,

What more can I say?

Bill

Sep 29, 2011 03:25 PM