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Updated almost 16 years ago on . presented by

User Stats

206
Posts
44
Votes
Dave Grosse
  • Wholesaler
  • Belleville, IL
44
Votes |
206
Posts

Short Sale Lawsuit?

Dave Grosse
  • Wholesaler
  • Belleville, IL
Posted

Long story short - A real estate agent wants to work with me in flipping short sales, but his broker won't allow him to ONLY because they feel that there is potential of a lawsuit against them if the original homeowner finds out that I as the investor made a bunch of money after I sold their house. Even with clear cut disclosures and addenda where it is stated that it is my intention to re-sell immediately for a profit.

Are his brokers crazy or could this actually pan out in a courtroom?