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Archive for September, 2006

Dual and Designated Agency in Real Estate

Monday, September 18th, 2006

Dual agency exists when the same Broker-in-charge is representing the buyer and the seller in the same transaction. Note that I said Broker-in-charge, not a real estate agent. You may find that one real estate agent is representing the seller and another real estate agent is representing the buyer, but, if both real […]

Are you a Realtor?

Monday, September 11th, 2006

Many real estate agents and home buyers or sellers do not know the difference between a REALTOR® and a Real Estate Agent. They are often used interchangeably and that is not correct. There are differences between the two. You often see real estate agents that are not REALTORS® using the trademark. This goes to […]

Mortgage Fraud

Wednesday, September 6th, 2006

Mortgage Fraud
Predatory Lending all across the country seems to be a big concern. This concern comes from the Sub Prime lending when it became the American Trend. Predatory lending is the practice of using a borrower’s ignorance against them for profit. It is an assertive practice for some lenders in the sub prime market.
A sub-prime […]