ethics: What have we come to?
- 07/24/09 03:52 AM
What a sad commentary on ethics...... Bid the price up so you can most certainly be assured of getting the contract with your high price, and then feel okay about having duped the seller, his agent, the lender, etc. Isn't it tactics like this that got us into the current mess we're in? This ploy is only "real" IF there is sufficient money down that the appraisal is not an issue, and if there is a clause indicating that buyer will remain at this price regardless of appraisal. Otherwise, it it meaningless and deceptive. Bank owned properties are being listed at (0 comments)