[quote=SD Realtor]Arraya tell me the difference between one who “realizes” the mistake they made and one who knowlingly buys a home and never pays?
What is the real difference?
The result is the same for sure isn’t it?
[/quote]
Intent, which is incredibly hard to prove in the court room. Like when Bernake testified in congress that there was no bubble in Dec 2005. If he knowingly mislead it is up to 30 years in jail whereas being a dumbass you get off scott free.
I guess you could make similar analogies for RE agents during the bubble intent verse being stupid. I’m sure there were plenty that knowingly and unknowingly put people in bad positions.
