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

Posted on 21. Apr, 2010 by in Consumer Protection

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

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 [...]

Sleazy Agent Ahead: Proceed with Caution

Posted on 12. Apr, 2010 by in Consumer Protection

Sleazy Agent Ahead: Proceed with Caution

Not a day goes by that I don’t hear “Well so and so said that if I don’t buy now I will never get another deal like this!”. Or my personal favorite is when I get a phone call from an agent saying “Well I want to hurry up and get this person into a [...]

Communication is the Key to ANY Relationship…Especially with a Lender

Posted on 09. Feb, 2010 by in Consumer Protection

Communication is the Key to ANY Relationship…Especially with a Lender

Everywhere you turn it seems that there’s that common thread of “communication is key” (See Ray Homebuyer’s story here). Now, I studied psychology in college and I’ve seen my share of those “self-help” episodes of Oprah. Even then, it doesn’t seem to stick to people exactly how important communication is. A couple goes into therapy, first [...]