Comments on: Jumbo Loan Rates About to Hit Luxury San Diego Real Estate Sales

By: San Diego County cosmetic dentists

San Diego County cosmetic dentists — Fri, 21 Mar 2008 17:31:17 +0000

Realtors should not be giving ANY mortgage advice, appraisal advice, legal advice, environmental advice, construction advice, engineering advice, plumbing, electrical, Etc. Etc. Etc.
We are licensed ONLY to help connect buyers and sellers of real property. If a lawyer gives our clients bad legal advice, the lawyer is at fault. If an appraiser overestimates the value of a house, the appraiser is at fault. If a plumber doesn’t fix a leaky faucet properly, the plumber is at fault………and last but not least
If a lender puts a buyer in an inappropriate loan product or does not disclose to that buyer the risks of that product, the LENDER is at fault.
And in many cases:
The BUYER must share some responsibility!

Adam
San Diego Dentistry

By: San Diego real estate

San Diego real estate — Fri, 21 Mar 2008 17:30:50 +0000

The job of a realtor is to show homes that fall into a certain price range (usually a price range recommended by the lender…not the real estate agent).
As a real estate agent, I never recommend a lender – most buyers have already been pre-qualified or pre-approved (for what that is worth), but if they have not, I tell them to call a few banks and mortgage companies (and stick with the familiar names in the industry).
HOW AM I, AS A REAL ESTATE AGENT, TO BE BLAMED IF MY BUYER AGGREES TO THE TERMS OF AN AJUSTABLE RATE MORTGAGE AND IS UNABLE TO REFINANCE BEFORE THE LOAN RESETS?

Kate
San Diego California Real Estate

By: San Diego California real estate agents

San Diego California real estate agents — Fri, 21 Mar 2008 17:30:02 +0000

What about all of the clients we see that are having trouble keeping their marriages together and they think a new home will make them happy…are we responsible to make sure they don’t buy one in case they get divorced? We can tell them moving is stressful. We can tell them the house won’t make them happy if they are not already happy. We can tell them that they may be under MORE pressure to make payments on their new home. But what if they want to buy it anyway?

Brad
San Diego Real Estate Brokers

By: Lasik eye surgery

Lasik eye surgery — Mon, 20 Aug 2007 19:08:21 +0000

It was just a matter of time before the luxury market followed the rest of San Diego real estate down. Lasik eye surgery San Diego

By: San Diego real estate agent

San Diego real estate agent — Mon, 20 Aug 2007 19:06:35 +0000

It's been about a month since we saw that luxury downtown San Diego condominium demand started to fall off. I hope you are wrong....I need more commissions. San Diego MLS