What I love the most, is my original realtor who pressured me all the way to the loan document signing (even when I got cold feet and told him I didn’t think I would be able to afford the payments) called me a few months ago saying he would be “happy” to help me do a short sale.
If that’s not scum of the earth, I don’t know what is. The way I see it, realtors who already made their commission when you bought the home should be HELPING their clients sell the home, even if it means selling it for 1% commission instead of 3%, but you know, they have this attitude, why bother wasting time on a low commission sale. And sure, to most sellers in trouble, that 2% might not make any difference… But for some it does.
I take responsibility for signing the loan documents, and buying my house, but I still put a lot of trust in my realtor, and he told me every story in the book back then “well I know this seems a little bit high, but once you get some equity you can re-finance, or sell this house and move into a better one with the equity.”… Of course, that’s what they all said back then… And hey, we believed them… Now we have to own up to our mistake and take responsibility.