False Advertising HURTING the REAL ESTATE MARKET!!!

By
Real Estate Broker/Owner with The Only B.S. I Have is from the University of Massachusetts

False Advertising HURTING the REAL ESTATE MARKET!!!

 

While relaxing this sunny Sunday morning, a commercial from Experian®  came on stating that you may need a 720 credit score to get a loan. Well those of us in the Real Estate and Mortgage Business know that is far from being true. In fact most of my clients over the past 6 months have scores between 620 and 680 and have all closed without a problem!

If you see other false advertising or misrepresentation of facts, please post a log. Maybe if we complain enough they will stop?

 

 

 

 

 

Find your dream home or loan at www.SKIPtheBULL.com

 

 

 

 

 

 

 

 

 

 

 

 

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Topic:
Home Buying
Location:
Florida
Tags:
florida real estate
false advertising
florida mortgage
skip the bull
credit score 620
credit 620
stop false advertising
easy mortage
easy lo

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Rainmaker
621,584
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

I haven't seen this commercial....but would agree with you...most of my clients did not have credit scores that high when they got their loans!

May 30, 2010 02:46 AM #1
Rainmaker
3,055,815
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

This is a hot topic for me right now.  It's incredible and appalling how some agents that are clueless when it comes to Short Sales boast of hundreds of transactions and high closing ratios - neither metric being supported by the MLS.

Aug 22, 2010 12:35 PM #2
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Rainmaker
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Richard Shuman

Real Estate Broker - Orlando Area - Love Referrals
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