Bubbleinfo TV Three Slimy Short Sales

A double, double escrow on the same street by the same broker! The big benefit to him is to make the both sides of the commission paid by the bank on the short sale. He probably made around $80,000 total - more than the investor made on the re-sales. This type of listing agent fraud is happening every day. I know, I know, if the bank approves the deal it's their fault, but this broker is doing double escrows which are illegal if not disclosed.

Category:

People & Blogs

Tags:

• Jim
• Klinge
• Realty
• TV
• Bubbleinfo
• short
• sale
• fraud
• Carlsbad

[mja2035]

Fast money for some.

[jocknomore]

Nice healthy market

[Geotpf]

Makes me want to barf into my keyboard.