The Lender Lure: Why Sellers Make You Talk to Their Lender

Posted on 21. Apr, 2010 by Christopher "Doc" Apodaca in Consumer Protection

As a lender, I represent home buyers looking to get into homes. There are however lenders out there who represent sellers, usually in the form of an “LLC” or investment company that owns the property. Most of these LLC’s exist to “flip” properties and turn a profit (See “FHA Flips Flipping Rule“). These types of [...]