Tamara Dorris

You agent borrowed money from you? That's highly unethical and might even be illegal. I'm not sure I would try and change agents at this point since you don't want to prolong the escrow and possibly lose the deal, but I would be calling that agent's broker ASAP and consider other forms of resolution after the close of escrow. - Wed Mar 14, 2012

Hi there,

I think it, as the others have indicated, depends upon your goals and purposes. It might be interesting to point out though, at least in my recent experiences, that I am selling a lot more homes in Elk Grove in the 150's than I am in Fair Oaks in the same price range. In fact, one of my listings in Fair Oaks seems to be impossible to sell at an under market price, which I can't figure out.

All that said, I agree with Sue in that you might be best off picking up a rental in whatever area you are nearest to and most familiar with. This is especially true if you do not plan on using a property management company and you may be the one running to the rental when things go wrong.

Tamara - Thu Sep 8, 2011

This will not be a politically or professionally correct response, but based on two perfectly good buyers losing deals because of BofA guidelines, I would just run. - Wed Jul 20, 2011