Should listing agents and brokers ever worry about getting sued for failing to tell their clients about the option of having a pre-sale home inspection? The short answer is “yes”. The fiduciary duties of a listing agent or broker arguably include a duty to advise a seller to at least consider the use of a pre-listing inspection.
October 2014 Blog Posts
Today, banks and savings and loans have loan origination offices or mortgage brokers spread all over the U.S. making as many home loans as possible with no intention of holding and servicing the loans they fund. The mortgage loan department funds or buys loans in cities nobody at the bank has ever even visited, let alone actually knows and understands.