I don’t presume you want Rustico marketing your home telling every portential buyer not to buy and how unfavorable the market is at the moment. No knock on Rustico.
Actually I think a seller with good agent has perfect rights to get as much as they can,short of fraud, from any buyer, GF or not. I consider that a level playing field.
Representing a buyer and telling them the kinds of things DJROBSD was told by his agent and mortgage broker is tilting field. These are the very things I cursed a few mortgage brokers out over. The lies about being able to re-finance in the future,with a 3 year prepayment penalty no less,an exploding arm in the mix, while the market was getting more and more obviously set to crack and we were at all time historically low interest rates and teaser rates were used to qualify. That is just wrong. I call that person a menace to society.If he had three half walnut shells and a pea and was taking fools on the street he would have been arrested. As I said before equal blame goes to the buyer who is a menace to himself and hopefully will learn .
I was had when I was young(er) but luckily it was only over a car, which I paid off. It was a Nissan Sentra and I paid $14,000 for it. Ouch. It took a while before I could go on a car lot without wanting to knock someone’s teeth out.
