California Real Estate Fraud Report

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14
Jun

Brokers Could Lose Their Licenses Due to Short Sale Fraud Allegations

A husband-wife team of real estate brokers in Washington state could lose the right to practice real estate for 10 years based on allegations of short sale fraud.

Brokers Michael Hellickson and Tara Hellickson, touted as short sale experts, had their real estate licenses suspended by the state of Washington’s Department of Licensing, which had received numerous complaints about them and their businesss Hellickson.com Inc. After hearing testimony by witnesses, Administrative Law Judge Terry A. Schuh affirmed six of the 10 violations filed against the Hellicksons, and five of the 10 alleged violations lodged against their business.

According to their attorney, both Michael Hellickson and Tara Hellickson will appeal the suspensions.

*Note: as of the date of this posting, the Washington State Department of Licensing shows the real estate licenses of the Hellicksons to be active. An article in the Seattle Times from May 16 states the licenses are revoked and a second article in Inman News says the licenses are suspended.

Read the original article in Inman News.

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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