This is serious folks! How many of you have had clients who were CLEARLY buying an investment property, but obtained financing as an owner occupied home? Ok none of us want to admit it, but let's be honest. This happened ramp-idly in the past, but NO MORE! If caught, it comes with a mandatory $10,000.00 fine and one year in jail. You can not as the realtor … (33 comments)
One Year in Jail and a $10,000.00 fine?
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