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January 09, 2007

Seller Concession Held Unethical

Are seller concessions a thing of the past in New Jersey?

I received a fax from my friend Jackie, a loan originator in New Jersey. It outlines why The Advisory Committee on Professional Ethics in the State of New Jersey has decided a seller concession is unethical and should be disapproved.

 

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Seller Concession in Real Estate Closings Held Unethical in New Jersey

Posted on January 9, 2007 01:44 PM by seller185.
Filed in Mortgage Calculator under seller concessions.
Permalink permalink | Comments (2)

Comments

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Posted by: Salvia at October 21, 2009 12:51 PM

No, seller concessions are not a thing of the past. This is just another eye opener for buyers and sellers that try to manipulate the purchase price and mortgage loan amounts.

thanks for asking!

Posted by: dale siegel at February 6, 2007 09:29 AM

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