fraud: Anyone familiar w/seller's legal success when breach of sales contract by buyer/Realtor/Lender???
- 04/08/08 03:09 PM
A customer I was doing a loan for had their house under contract for 3 months only to find he was provided with: False preapproval letter from their unethical lender friend at the offer in Jan 08False commitment letter from the same guy in #1 on commitment date March 08The buyers had no way of obtaining a loan commitment through ANY lender they tried after extending the commitment date. The buyer's/agent's plan was to keep the house they wanted off the marketwhile they worked on repairing the credit with hopes of qualifying and saving enough money before closing.During this time the house was under contract, … (6 comments)
A customer I was doing a loan for had their house under contract for 3 months only to find he was provided with:
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