kickbacks: What's your kickback story? As for me, I HATE THEM! - 04/08/11 01:24 AM
I read Kathleen Daniels' post on Wednesday and it really got me thinking about kickbacks.  She describes being asked for $2,500 to "close the deal".  As ugly as that is, she is willing to pay to keep her short sale sellers out of foreclosure, but it gets worse.  The real rub comes when the lender asks her to break the law by paying it out of escrow!!
Her story makes my blood boil, so I can only imagine how Kathleen must feel.  But she's not alone, right?  Please help the AR community by sharing your kickback stories and how you deal … (0 comments)

kickbacks: What's your kickback story? - 04/07/11 03:04 AM
I read Kathleen Daniels' post yesterday and it really got me thinking about kickbacks.  She describes being asked for $2,500 to "close the deal".  As ugly as that is, she is willing to pay to keep her short sale sellers out of foreclosure, but it gets worse.  The real rub comes when the lender asks her to break the law by paying it out of escrow!!
This makes my blood boil, so I can only imagine how Kathleen must feel.  But she's not alone, right?  Please help the AR community by sharing your kickback stories and how you deal with them.
(4 comments)

 
Dan Stewart, Happy Grasshopper (HappyGrasshopper.com)

Dan Stewart

Happy Grasshopper

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