The Appellate Court of Washington, Division I, has issued its opinion in the matter of the State of Washington v. Joseph M. Kaiser, ruling in favor of the State on virtually all claims.
Among other things, it confirms the lower Court’s “findings of fact,” namely:
- I victimized hundreds of sellers of real estate and stripped them of their equity when I purchased their properties.
- I victimized dozens of families when I saved them from losing their homes in a foreclosure rescue scheme.
Banned for Life in Washington
It also confirms the lower Court’s decision to enjoin me from certain real estate activities, namely:
- I am permanently banned from transacting with owners in any type of foreclosure.
- I am permanently banned from transacting with former owners to recover overages from properties sold at tax sales.
Make No Mistake About it
Although there will be no more appeals and I have to live with this ruling, it in no way diminishes the real facts, namely:
- Everyone with whom I transacted was paid in full, as agreed.
- Everyone I rescued from foreclosure is in their home today and likely has as much if not more equity than ever.
- A million dollars has been spent on a consumer protection case having exactly zero consumer complaints.
Escheating Tax Sale Overages
This was never about a foreclosure scam and I have no victims. Not one.
It is about RCW 84.64.080, escheating tax sale overages, and Washington counties upset we dared set foot on their turf.
I think the law says overage funds belong to former owners of tax foreclosed properties (the owner at the time of the sale), and in May of 2009, the Appellate Court of Washington, Division II, agreed.
We’re both wrong.
Turns out what RCW 84.64.080 really says, at least according to Washington County Treasurers, is until someone actually applies (and even after, in more cases the you can imagine)… those tax sale overages belong to them (and don’t you dare forget it).
Who’s Escheating Who?
The State refuses to say what prompted their investigation… and we know it wasn’t a consumer complaint.
That leaves only the counties and in all likelihood, Pierce County Deputy Prosecutor Robert Dick.
You can be sure the State knows that admitting their investigation was done at the behest of Washington counties confirms what I’ve been saying all along…
It’s a turf war.
And were it not for the fact that unclaimed tax sale overages eventually escheat to Washington counties, the case of The State of Washington vs. Joseph M. Kaiser never happens.
To My Friends…
Thank you for your support throughout this ordeal.
Battling the State of Washington and its Consumer Protection crazies has been tougher than I ever imagined, and the emails and phone calls and donations were and will always be appreciated.
May you never travel this path…