If your broker supports this, then I would make it a point to disclose throughout the contract and disclosures that the listing agent is related to the buyer. That way everything is out in the open.
Real Estate Consultant
Your Choice Does Matter!
CA DRE Lic #:01364733
Broker, ePro, SFR
(877)395-0668 Toll free efax
Need I say more?
is it possible? Ya
Would I do it and risk what any one person may call bank fraud in the future? no
Some say as long as you disclose.
You are the professional....
you have to ask yourself,...
Do I look good in Orange?
Do i like the view I have now or would I prefer the view of a cellmate?
Then you have to ask your broker if they are Ok with it as well.
I know I would not be.
I would say you and or your wife can buy a home down the street.
Oh and if you think you aren't crossing the line,....
I invite you to read up on real estate fraud and see who goes to jail.
Then again perhaps your wife has been reading it.
I know if I was on a jury or at an association review board deciding your fate,... it would not bode well. I know the form the buyer signs, says something to the effect,... you are not related to or know the seller. Ya see this is where I see, you do know the seller you are representing the seller. wife and husband are one. I would consult a real estate attorney and a criminal bank fraud attorney if you think it is worth it.
Harold Sharpe - Broker
So Cal Homes
California Department of Real Estate Broker License # 01312992
Sheryl Arndt, Real Estate Broker â€“ Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
20+ Years Experience
However, it may just depend on the individual bank as to whether they will accept this. If you have an experienced short sale negotiator or real estate attorney, I'd ask what they think. Also, an experienced lender may be a good one to confer with.
I'll be looking forward to seeing how this plays out. Good luck!