fair housing: Open Letter to Banks, Servicers and Realtors Who Sell REOs
- 03/13/15 12:48 AM
This letter is to all the banks, servicing companies, management companies and realtors who sell foreclosure (REO) properties. I know your jobs are not glamorous or cushy. Most of the time the only way selling these properties makes sense financially is to handle them like an assembly line. I get that. For the banks, I understand that it is your property and your rules for selling should take priority (without conflicting with fair housing laws, real estate laws or ethics) so long as you give proper notice along the way. I just represented a client who is a union “shift” worker. … (3 comments)
This letter is to all the banks, servicing companies, management companies and realtors who sell foreclosure (REO) properties. I know your jobs are not glamorous or cushy. Most of the time the only way selling these properties makes sense financially is to handle them like an assembly line. I get that. For the banks, I understand that it is your property and your rules for selling should take priority (without conflicting with fair housing laws, real estate laws or ethics) so long as you give proper notice along the way.
;)
;)
