Written by Jim the Realtor

July 7, 2013

Some agents get more caught up in their posturing than their fiduciary:

5 Comments

  1. CB Mark

    When I see “short sale” transactions like this, I can’t help but flash back to Casablanca (if the YouTube link is allowed):

    http://www.youtube.com/watch?v=SjbPi00k_ME

  2. W.C. Varones

    What was the loan amount? Could the sellers have gotten out with some equity?

  3. Jim the Realtor

    The amount due on the Notice of Trustee Sale from January of this year was $845,000.

    When it closed the next month, they were probably happy that they got $150,000 after 1-2 years of free rent.

    They allegedly owned several other properties too.

  4. Thaylor Harmor

    I wonder if the old listing agent is getting a cut?

  5. tj & the bear

    Gotta wonder… because you’d think the priors would look at that and sue her for fraud & misrepresentation. Doesn’t matter if they’d ultimately be successful; publicize it and the realtor couldn’t buy listings.

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Jim Klinge
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