Are they blameless in this real estate debacle? I find it interesting that real estate agents seemed to have dodged any significant regulation as a result of the meltdown in Real Estate. While lenders and appraisers have had massive changes in how they are allowed to do business (see related blog postings), almost no new ... [Read More]
I may have helped this become a reality Of my many complaints about adverse changes in the real estate industry, my number one complaint has been buyers being forced by banks to use No Name Escrow companies. These (bank (REO) chosen) escrow companies were often far away, usually in S. California and they provided terrible ... [Read More]
In the last two years, agents have told their buyers “short sales are to be avoided like the plague”. Some of the reasons included: The servicing agents were overwhelmed; it took weeks or months for a response. The lender was not realistic about values, asking for more than it was worth. Second leinholders refused to ... [Read More]