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22181 : Real Estate Advice

  • All8
  • Local Info2
  • Home Buying2
  • Home Selling1
  • Market Conditions0

Activity 6
Wed Nov 2, 2016
Acridell answered:
I am a bit upset because my realtor referred me to my lender. When I was approved my lender emailed my realtor my preapproval letter and informed him that I was pre approved and to move forward with locating a property (this I thought was my duty as I could have been considering another agent or what ever), but that's not the worst, the lender told my realtor what my reserve was. Now that was crossing the line.

I am now looking for a new realtor and lender as I am sure this is not ethical practices. I will NOT be moving forward with these 2.
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1 vote 40 answers Share Flag
Tue May 31, 2016
Karen Peyton answered:
Review your contract to determine the legality or just speak directly with your agent asking the question you've posted here. Many contracts contain language allowing information regarding the Buyers loan to be shared with the Seller's Agent who when working with the Seller is an "extension" of the Seller.

Don't worry...
Your private information (specific income, credit score, date of birth, social security number, etc) is usually not shared with anyone! It is confidential between you and your lender. A typical conversation is...yes, they have sufficient income, yes, they have acceptable credit, yes, they have the resources for the down payment. That's it!

Good luck and do speak with your agent!
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0 votes 1 answer Share Flag
Mon May 30, 2016
Scott Godzyk answered:
It i common that a listing agent will want this. The buyer agent should have gone over what to expect. You should speak to them about your feelings.
0 votes 1 answer Share Flag
Sun Jan 4, 2015
Christopher Pagli answered:
It depends on the size of the home, could be $350-550.

0 votes 2 answers Share Flag
Sat Sep 18, 2010
John Fitzgerald answered:
Try Sonabank in McLean ( Southern National Bank ). If that doesn't work, E-mail me at, and I'll see what I can do with another local area bank where I have connections from my days as a home builder ( getting up at 0.00-Dark minus 30 minutes gets old after you hit 60. ) ... more
0 votes 3 answers Share Flag
Mon Dec 28, 2009
Person answered:
The walk to the Vienna Metro from that address is 1.5 miles. If you or your girlfriend were able to do 1.5 miles in 10-15 minutes, you must have been running!
0 votes 13 answers Share Flag
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