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Foreclosure in Arcadia : Real Estate Advice

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Activity 2
Wed Feb 15, 2017
Roy DeFrahn asked:
Wed Mar 24, 2010
Alma Kee answered:
Hey David,

Call your lender immediately to be sure your agent has submitted a contract at the price you signed. It may be possible your Realtor is trying to do a same-day flip and not showing the bank your contract but a lower priced contract! One way to be certain what is going on is to contact your lender directly.

If it turns out your lender has a falsified contract that you didn't sign then call the FBI immediately and have the Realtor prosecuted!

From what I heard today the FBI has added about 200 extra agents in Florida to do sting operations on Realtors/Investors/Owners committing short sale fraud.

Hope this helps you. Hopefully your Realtor is acting in your best interest and not their investor or themselves! Unfortunately I see shady deals every day in Short Sales in Tampa Bay--especially by certain listing Reators and well known Real Estate firms. Why their brokers allow these agents to get involved in these suspect deals seems like pure stupidity to me...
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