Real Estate

I need help I can’t find out how to do it.

They pull from the MLS, there is no direct listings.

I need to know either illegal or just unethical.
Had a house got behind. Had a friend refer a realtor. He came in told us we had to move in a week so he could short sale the house.he had a property we could rent that was another foreclosure. So we moved. He never got our contract to us or talked with bank. Come to see a for rent sign in our old homes yard. We fired him and hired another person who said we never had to move in the first place. He is doing this all over the place. Kicking out people telling them they have to leave then renting the houses out and keeping all that rental money. Can he do this

This real estate agent ran the best scam around. You should report him to the local Real Estate board. Yes he might do this as demonstrated he has done it.

The question is the legality of it. Normally you may not collect rent on a property you do not own. Apparently he moved you into a house where the owner could not or had not paid the mortgage. Thus he was collecting rent from you on the property you were renting,without the owners knowledge, as he was yours.

this is fraud on his part and the authorities should be contacted.

You are not required to move during a short sale. Some real estate agents will tell you it would be better if the house is empty. In most instances they would stage the house to show it at it’s best without your accumulated clutter.

Most lenders would require the property listed by a licensed real estate agent for a period of time. Your lender would also want to have the assistance of a real estate agent in completing the Short Sale Package. Once the short sale has been approved, basically, even though you signed the contract of sale, the real estate agent is really working for your lender, as all offers on the property would have to be approved by the lender.

I hope this has been of some benefit to you, good luck.

"FIGHT ON"

I helped my daughter purchace her first home. After one year she was unable to continue making her mortgage payments. We tried to get a loan modification but was denied. I reviewed the contract and noticed that the lender did not sign any of the documents.

The contract of sale would be signed by buyer and seller- not by mortgage company. Even if some of the contract paperwork is not binding for some reason- the fact that your daughter signed the closing documents shows that she was OK with what had been agreed.

If you are talking about loan documents that she got at closing- she may have gotten copies that were not yet signed by mortgage company at closing. She could have gotten copies later that had signatures- or the signed ones may have been sent directly to county. It is possible someone made a bad mistake- but not very likely. You would have to hire a good local real estate lawyer to get a good idea.