Posts Tagged ‘Consumer Protection’

Phase II Builders Endeavor to Prevent Buyer’s Agent Involvement

It seems so long since there has been any meaningful new construction on the Westside, but in Playa Vista Phase II, which is currently under construction, the homebuilders are again showing that they will do whatever it takes to scrape a profit at the expense of their customers.  All of the builders that will be selling homes […]

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Is Docusign Leading the Real Estate Comeback?

For the last two years or so, electronic signatures on real estate forms through platforms such as Docusign have gone from non-existent to fringe to the norm.  These forms are widely accepted for offer purposes and only in certain cases are denied by lenders, in which case, hand signatures must be suppied at some point, normally […]

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Major Lenders Underwhelm in Customer Service

On two recent listings, I have been dismayed at the customer service of two major lenders that were obtaining financing on behalf of the buyer, the tweedle dumb and tweedle dumber of residential lending, Wells Fargo and Chase. On the Wells Fargo transaction, the buyer requested a 45 day escrow which was agreed to by […]

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Short Sale Counter Offer Strategy

I experienced a first this week. The first time a seller countered an offer from one of my buyers on a short sale asking contingencies to begin right away upon seller-acceptance, not at the time of bank approval. I was immediately taken aback by this almost insulting suggestion – my thought was “you’re asking the […]

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