Contempt Among Us, Patty Dotson

What comes around goes around for Coldwell Banker and Realtor Patty Dotson.

Patty Dotson, Realtor with Coldwell Banker Plummer Real Estate, took her client and illegally entered and went through the home of Mrs. Hahn. Apart from Coldwell Banker’s actions being unprofessional, they are illegal under NRS 118A and unethical under the Realtors Code of Ethics. Ms. Dotson failed to follow the legally required notice under NRS 118A and Hahn’s rental contract, violations of NRS 645. It was also disrespectful, physically disruptive and emotionally damaging to the Hahn family.

Mrs. Hahn wrote: “My landlord had always been very careful to respect us. Ms. Hopson’s behavior left I and my family feeling our home, legal rights and privacy were violated. What Ms. Hopson did was knowingly illegally enter our home. I complained to Rich Welsh/Dickson Realty who had the property listed for sale. I complained to my landlord who told me she had also called Mr. Welsh and had left three messages with Darryl Plummer, Broker for Coldwell Banker Plummer Real Estate. My landlord told me that they had not responded to her messages. I also left messages for Mr. Plummer to which he also not responded. I wrote to the Better Business Bureau who also got no response from Coldwell Banker Plummer. The further failures of the real estate agents to at minimum return my calls let alone apologize and respond to the BBB as they should, is staggering. It’s no wonder to me the public perception of real estate agents is so low.”

Coldwell Banker Plummer Real Estate
294 E. Moana Lane
Reno, NV

Dickson Realty
500 Damonte Ranch Parkway
Reno, NV 89521

The Hahn’s recently filed a complaint with the Nevada Real Estate Division (NRED).

Sources are Hahns, letters to and from BBB, NRED complaint, rental contract, NRS 118A, NRS 645, NAC 645, and National Association of Realtor’s Code of Ethics.

The photo is from CatYACK.com

Is Your Lender A Patriot Or Terrorist?

An Open Letter to Our Home Loan Lenders.
I am writing you to request an immediate note modification as already allowed for by all your investors. For years, Freddie Mac, Fannie Mae, HUD and the VA have had foreclosure mitigation standards for note modifications in place. They allow for principal forgiveness and interest rate reduction to market or below market rate. That begs two questions: 1) why have lenders not followed them before, and 2) why have lenders instead chosen their senseless fanaticism to foreclosure?

As you know, President Bush has blamed the collapse of the American economy on “too many houses were built.” You and the other home loan lenders financed those “too many houses built.”

President Bush signs HR 3648, The Mortgage Forgiveness Debt Relief Act of 2007. It created a three-year exception for debt forgiveness on home loans.

Home loan lenders are increasingly being accused and * proven of pandering, Unclean Hands and being a threat to American economic interests and security. President Bush and millions others are rightfully blaming lenders for the American recession. Unreasonable lender insistence on foreclosure is driving the American economy further into recession. That is an increasingly contemptible tactic as it pushes us nearer to global depression.

Home value continue to go down because of lender initiated foreclosures. Lender foreclosures only make the recession worse. They drive home values further down as they add to the already enormous inventory of houses for sale.

Because of home loan lenders previous illegal lending practices and now irrational frenzy to foreclose in violation of their own investor existing guidelines, home values have dropped further putting me upside down. Your loan to me is more than the current value of my home.
The Feds, to boost the American economy, have recently done several aggressive emergency fund rate cuts. They have stated they will continue to cut interest rates to stimulate the economy. Those interest rate reductions should be passed through to me. Your investor guidelines even allow for it, and strongly encourage it, to avoid foreclosure.

Realtors are correctly not interested in taking any more listings for upside down properties as they are flooded with them and can no longer afford the costs to market a declining in value product.

Permanent loan forgiveness and permanent interest rate reductions would immediately put a floor under the collapse of housing prices. That would pull America out of this ruinous recession. Are you a patriot or a terrorist?

For a patriot, a note modification is the only answer. Without a note modification, I am facing bankruptcy. Bankruptcy attorneys are getting court-ordered note modifications. It is against public policy and unconscionable to throw people out of their homes because they are upside down because of lenders previous illegal lending practices.

The American Congress, President and Presidential candidates all support a freeze of several months on foreclosures, and a freeze of several years on upward interest rate adjustments. Senator McCain said that “the home lenders created the housing problem, they have to solve it, NOT the American government.” So, solve it. Follow your own investor foreclosure mitigation standards for note modifications. They have been in place for years.

My proposal is fair and reasonable as the current interest rate and the current fair market value of the house support it. I propose a note modification of an interest rate reduction to a fixed 4.000% and a debt forgiveness of $175,000, with a 30 year fixed fully amortized loan.

Sincerely,

cc: US Senators Obama, Clinton, McCain, Reid, Ensign
US Representative Pelosi

* Gledhill, Maree, King, Sickler & Kahan, Barry & Countrywide, Clark & First Centennial Title, Vaughan, Stewart & Wells Fargo, Mapes & Prudential Nevada Realty; Zane, Dugan, LeGault, First American Title & RemCor Realty, Homier

P.S. How about cleaning house and prosecuting these * evildoers and putting them on your banned lists?

The photo is from: www.ace-clipart.com

Heroes Among Us, Deb Broch

When it turn out that diamonds aren’t forever and your Realtor is a potato chip driver.

In Foreclosure? Realtor Lied You Into That House? Who Ya Gonna Blame For The Housing Bust? EXCLUSIVE! Read about it in the Reno BrooWaha. Who Ya Gonna Call? FraudBusters. The stories just keep steadily coming in.
In summer 2005, Bruce Abbot was a real estate salesman licensed with Desert Diamonds Realty. Lindsy Gaffke was a sales manager and real estate broker-salesperson then also licensed with Desert Diamonds Realty. Phil Sunseri was, and remains, the Broker-Owner of Desert Diamonds Realty .

Mr. Abbot has been for several years, and remains, a full-time driver with Frito-Lay. His truck is seen often around town. It is a very large white one with the enormous Frito-Lay logo on it. Mr. Abbot is “the walking cadaver driving it,” as one source described him.

Ms. Gaffke was attempting to help a client Mr. Abbot had made several NRS 645 and Realtors Code of Ethics violations with. However, Ms. Gaffke was unable to find Mr. Abbot’s files. He is legally required to keep all his files at the Desert Diamonds Realty office per NRS 645.300 and .6345. Nor was she able to find Mr. Abbot – for several days. Therefore, Mr. Sunseri failed in his legally required duty to supervise Mr. Abbot per NRS 645.600.
A few days later, when Mr. Abbot surfaced, he told Ms. Gaffke that he “just didn’t want to drive all the way out, and Phil (his Broker) is on the Ethics Committee (of Reno-Sparks Association of Realtors), so nothing’s gonna happen anyway.” Mr. Abbot told Ms. Scott he is “just too depressed.”

Mr. Sunseri inexplicably then called Debra Broch, head of National City Mortgage in Northern Nevada. He made that call because his client was approved for a home loan there. However, there was no business purpose to his phone call. Instead, it was to get his client in trouble and threaten National City. Mr. Sunseri’s call was a NRS 645 violation and a Realtors Code of Ethics violation. In that call Mr. Sunseri illegally disclosed confidential information relating to his client, that they had made a complaint against his agent. That was a violation of the one-year law. For one-year, Desert Diamonds Realty is not disclose anything unless with the required order of a court of competent jurisdiction, or the required written permission of their client. Mr. Sunseri and Desert Diamonds had neither. The result was their NRS 645.254 violations.

Desert Diamonds failed to protect and promote as legally and ethically required to do so, their client’s interests. The result was Desert Diamonds breached their legal and ethical requirements of absolute fidelity to their client’s interests and failed to exercise reasonable care, NRS 645.605 violations.

Mr. Sunseri then threatened to withdraw all of his company’s loan business and would not allow any of his agents to use, or let their clients use, National City Mortgage for their home loans. That is per se blackmail, odious extortion, using an economic threat enormously damaging to National City Mortgage. It is a willful disregard of social duty. It is a Realtors Code of Ethics violation per Standard of Practice 14-3. It is illegal under RESPA to steer a client to or away from a lender, home inspector, etc., as it is an illegal kickback.

To Ms. Broch’s credit, (our Hero Among Us) she refused to bow in to Mr. Sunseri (a Bully Among Us). She correctly cited his illegal and unethical demands would cause her and her company to breach her/their fiduciary duties to not only this client but all of National City Mortgage’s loan clients. Something that just did not matter to Prudential Nevada Realty’s Broker, Valerie Mapes , when earlier she made the same threat to Rick Vaughan and Beverly Stewart with Wells Fargo. Nor did it matter to Vaughan and Stewart as they did corruptly bow in to Ms. Mapes’ threat, maliciously breaching their fiduciary duties to all of Wells Fargo’s loan clients.

Mr. Abbot’s is still, inexplicably, with Frito-Lay although they have known for years that he overtly does his real estate dealings on their time with their truck.

Sources are the Nevada Real Estate Division (NRED) complaint; National City Mortgage, Desert Diamonds Realty, Founders Title, and Multiple Listing Service documents; and Nora Scott, Bruce Abbot, Lindsy Gaffke, Ted Miller, and Debra Broch; and NRS 193.013 “Corrupt, import a wrongful desire to acquire or cause some pecuniary or other advantage to himself or another person, by the person to whom applicable.” NRS 193.0175 “Malice, import with an evil intent, wish or design to vex, annoy or injure another person. Malice may be inferred from an act done in willful disregard of the rights of another or an act wrongfully done without just cause or excuse, or an act or omission of duty betraying a willful disregard of social duty.”

The graphic is from E-Pins.com