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Short Sale Homeowners - Do Not Pay Upfront

By
Real Estate Sales Representative with www.JacksonvilleHomeConnection.com, Keller Williams Realty

If you are a homeowner trying to short sale your home, do not pay a negotiator upfront to negotiate for you.  There are many scams where the homeowner does not get any results and have already paid with money that is hard to come by.  The FTC has a new ruling to protect you from these scams.  Please go to this website to read the latest ruling. 


http://www.ftc.gov/opa/2010/11/mars.shtm

Comments (2)

Sylvie Stuart
Realty One Group Mountain Desert 928-600-2765 - Flagstaff, AZ
Home Buying, Home Selling and Investment - Flagsta

Great information! Thank you for posting!!

Jan 19, 2011 08:12 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

 

From the info recently published by the Arizona Department of Real Estate MARS will impact those that are "negotiators" only far more than listing agents who negotiate for their Seller clients.  Here is the link to the ADRE info:

http://www.azre.gov/PublicInfo/Documents/Short_Sale_Negotiator_Regulations.pdf

Also - agents claiming to have closed "hundreds" with astoundingly high list to close ratios need to make sure their claims match the data in the MLS.

 

Feb 06, 2011 03:41 AM