Being accused of real estate fraud is a serious situation to be in. Get help fighting a charge by partnering with a Dallas real estate fraud defense attorney from Chris Lewis & Associates, P.C..
Real estate fraud takes place when someone engages in fraudulent behavior having to do with the sell, purchase, or investment in real estate. This type of fraudulent behavior can take many forms, and it can involve a buyer, financial advisor, lender, appraiser, agent, seller, or others who seek to gain through fraudulent real estate practices.
If you’re convicted of real estate fraud, your life can be turned in a negative direction. You could face prison time, probation, community service, and fines.
In addition, the crime will be added to your criminal record, which could affect you for years or for the rest of your life. Your ability to secure a job, buy a house, or achieve financial success could be negatively impacted by a conviction.
When you’ve been charged with real estate fraud, or you believe you’re under investigation, you should turn to a Dallas real estate fraud defense lawyer for help building your defense.
Real estate fraud is any fraud that takes place during the process of real estate transactions. The fraud could be committed by a lender, an agent, the person selling the real estate, the buyer, or another involved party. The fraud is usually committed for the purposes of financial gain.
A few examples of real estate fraud have been listed for you below.
How is real estate fraud discovered? The person who commits the fraud usually alters documents or misrepresents financial information. If the borrower commits the fraud, they may misrepresent their income or financial assets in order to secure a loan. If a seller commits the fraud, they may misrepresent property information or engage in false advertising.
No matter which type of real estate fraud you’ve been accused of committing, a Dallas real estate fraud criminal defense lawyer may be able to help.
Fraud is often prosecuted in Texas as a felony depending on the situation. You could spend time in jail or prison if convicted, be forced to pay back money you secured because of the fraudulent activity, be ordered to pay fines, and many other legal consequences.
In addition, once a crime of real estate fraud goes on your record, it’s there to stay, destroying your life and financial future. Get help from a Dallas real estate fraud criminal defense attorney before it’s too late.
You might be able to avoid a conviction, get your charge reduced, or reduce the penalties associated with your conviction by teaming up with a Dallas real estate fraud defense lawyer at our firm. Contact Chris Lewis & Associates, P.C. through the contact form below or by dialing 214-665-6930.