That key disappearing from the lockbox story is so typical for me also Grandpa. Must be taught in one of the how to buy foreclosure online courses.
Greeting non realtor investors is our REO's with lockbox code information is also routine.
Last night I showed a property to a small time new investor. She has just attempted to buy an Fannie Mae REO from a queen in the area. Said the office told her if she paid $1250.000 to the listing agent; the investor who is going to puchase the home will turn around and re sale it to her...nice..
told to file a complaint with FREC but everything was verbal so where's that going to go:
Forget FREC call fannie may direct. In one of the breakout sessions they specifically asked that this sort of thing be reported to them. Try to get the office to put it in writing (Perhaps and email with the same question would get a response) or just let Fannie May know and they may call to get the same info. It is fraud pure and simple and Fannie is trying to weed out any agent who is doing anything like this.
http://www.age-of-the-sage.org/quotations/niemoller_jews_communists_socialists.htmlIf you are not part of the solution you are part of the problem.
Apathy is the tool of those who wish wish to perform ill on others.
Previous Topic
Index
