Eventually, everyone is going to be doing it, at this rate:
Audacity
by Jim the Realtor | Jul 6, 2011 | Bubbleinfo TV, Listing Agent Practices, North County Coastal, REOs for sale | 6 comments
Eventually, everyone is going to be doing it, at this rate:
So who bought it?
I don’t get why banks go crazy when buyers at the courthouse steps collude. But for some reason turn a blind eye on all the short sale fraud going on.
Regular businesses keep track of assets + expenses down to the penny. You’d think banks would be the exact sale way.
Why hire an independent agent to list your bank property if they’re just going to defraud you?
Seems everyone’s mistake is assuming that “we’re on the same team”.
The Real estate business is dirty… dirty…. dirty. Like organized crime, but not so organized.
Chuck
Let’s call it “unorganized crime”?
The MLS is a co-conspirator. Agents see other agents spewing deceit throughout the system, and they figure – “well he’s doing it, and she’s doing it, I guess it’s OK!”
What I’m most struck by is the bold assertiveness of JTR’s shoes hitting hardwood. You can tell the quality of the flooring by the sound of JTR walking around.
I guess the $64 dollar, or $600,000 question is where is the money? Only in real estate, especially California, can a person essentially steal $600,000 and walk away. The amount of fraud is beyond belief.