Real estate blog entries tagged with multiple offers by Abacus Properties Inc.

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : Kathy Low : San Diego Real Estate : Tag "multiple offers"

multiple offers: Unethical agents - 06/21/10 11:38 PM

The market in San Diego has been heating up lately. Some areas are having bidding wars. Our office encountered some cases where, the buyers' agents, in order to get sellers to accept their offers, would say in the contract that their buyers are going conventional financing. After sellers accept their offers, they would then switch to FHA financing without the sellers knowing...until it is too late. Deals end up not closing because property cannot appraise, or deals are delayed for weeks.
Unfortunately for the sellers, the other offers that were on the table were long gone...
I wonder if this is … (15 comments)

Related Links:

Kathy Low

San Diego, CA

More about me…

Abacus Properties Inc.

Address: 16870 W. Bernardo Dr., Suite 400, San Diego, Ca, 92127

Office Phone: (858) 674-6648

Cell Phone: (858) 583-4631

Email Me

Links

"Always Looking for Great Agents"

Archives

Find CA real estate agents and San Diego real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.