Admin
Anna "Banana" Kruchten,  602-380-4886 (Retired Broker/Owner)

Spam prevention
Ambassador
5,546,993
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

WAIT, why didn't the LA know they were underwater? 

They need to be phoning their attorney to get this figured out - and now! GOOD GRIEF!

Aug 03, 2017 06:25 PM
Rainmaker
5,555,869
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Jeff Pearl nailed it! And where was the listing agent with a net sheet at the time of listing? Just asking!

Aug 03, 2017 05:39 PM
Rainmaker
3,988,144
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

If we had a nickel for every time we have to say that phrase, we would all be in the top tax bracket. Oh yeah, we are aren't we?

Aug 03, 2017 07:34 PM
Rainmaker
720,177
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Sound like to me the agent who said she'd get sued was in bad way for her commission at all cost including a vile threat of consequences to the seller. 

And sounds like the listing agent is the one to get sued for misleading the seller, for gross negligence, dereliction of duties and obligations to the seller, dishonesty, malpractice, and shit for brains.

Aug 03, 2017 10:05 PM
Rainmaker
1,639,074
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, CFSP
Big Block LPT Realty 858.232.8722 - La Jolla, CA
Coastal San Diego, Veteran's & Retirees Services

I had a client call me once, while in escrow with another agent and a huge problem. I had sold her the house, stayed in touch and she went behind my back with a discount broker. I said, "I' wish I could help you but I'm no longer your agent apparently and by the way, I'd never have gotten you into that mess had you come to me to list it, good luck and buh bye!"

Yes, very vindictive but I was in shock that she'd betray my services, I got her a hell of a deal on that house in the 2007-short sale days.

Aug 03, 2017 08:09 PM
Rainmaker
1,119,159
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Call a great real estate attorney who specializes in short sales. Sounds like the LA was asleep on this one...that should have been known from the beginning and certainly a review of the CD would show the shortage.

 

Aug 03, 2017 08:08 PM
Ambassador
2,717,523
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 Upside down, underwater, short sale, court-ordered divorce sale, what? 

  And what did the agent mean by, "she'd get sued if she didn't go in and sign"?  Does that agent have a license to practice law, giving legal advice like that?

  Call a lawyer... NOW

 

Aug 03, 2017 06:02 PM
Rainmaker
936,418
Jeff Pearl
Samson Properties / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

An attorney.

Aug 03, 2017 05:20 PM
Rainmaker
1,545,944
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Agent Professor in Utah!     ROFL!!!!

 

"How much do you owe" is one of those opening questions, along with researching the tax rolls before hand.

Aug 04, 2017 09:28 AM
Rainmaker
1,027,657
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

Ding, ding, ding...an attorney.  But, wait, no net sheet?  And how does a seller have no clue what they are going to net, seriously?  Especially that large of an amount.

Aug 04, 2017 05:18 AM
Rainmaker
5,176,065
Richard Weeks
Dallas, TX
REALTOR®, Broker

Call in the order

1 A real estate attorney

2 Dr. Phil

Aug 04, 2017 04:49 AM
Rainmaker
5,386,075
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

I have no words! 

Aug 04, 2017 03:44 AM
Rainmaker
3,627,477
James Dray
Fathom Realty - Bentonville, AR

My goodness!

What a duffus.  First and attorney, second to the agents broker and third to the real estate commission

Aug 04, 2017 03:09 AM
Rainmaker
5,774,106
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

An attorney/  A

Aug 03, 2017 10:04 PM
Rainmaker
1,112,762
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

An attorney with a specialization in handling short sale transactions. What the hell?

Aug 03, 2017 05:42 PM
Rainmaker
5,585,039
Barbara Todaro
Retired...Mentoring Newbies - Franklin, MA
Previously Affiliated with The Todaro Team

I would have said, call your broker/owner.... I would not have given anyone direction if they were not in my office...

Aug 04, 2017 07:17 AM
Rainmaker
1,875,058
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

You can't fix stupid. Let them get themselves out of the mess they've created. Spend your time with people that want your help.

Aug 04, 2017 05:48 AM
Rainmaker
2,448,781
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

So sad that people are misled like that - I hope she called an attorney asap

Aug 04, 2017 03:42 AM
Rainmaker
2,231,519
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

contact a real estate attorney.

Aug 03, 2017 09:42 PM
Rainmaker
4,322,295
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Anna Banana Kruchten, CRS - let me guess.... aaaaaa an attorney?

Aug 03, 2017 09:26 PM
Rainmaker
544,164
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Creating a net sheet is a basic activity when signing the listing. Did the listing agent get licensed yesterday?

Aug 03, 2017 08:12 PM
Rainmaker
990,294
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

That agent is not experienced in default real estate situations, I would contact a real estate attorney that is experienced in default real estate situations. In Los Angeles or in Orange County, California I would contact attorney Paul Horn who is also a CPA.

Aug 03, 2017 06:35 PM
Rainmaker
773,386
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Short sale --- knowing it iin the last minute.  Poor thing.

Aug 03, 2017 05:46 PM
Ambassador
6,764,485
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I did not know that serious short sales were still happening in your area.\

Time to call an attny.

Aug 03, 2017 05:44 PM
Rainmaker
834,457
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

No idea, I look forward to seeing the answer.

Aug 03, 2017 05:05 PM
Rainmaker
530,304
Kathryn Acciari
Central One Federal Credit Union - Shrewsbury, MA
Mortgage Loan Originator

Can't help but wonder what this former agent was expecting of you.  The calls we get are varied, to say the least. You gave the right advice, Anna, as you well know.

Aug 04, 2017 11:00 AM
Rainer
3,777
James Berg
Navigate Realty - Granite Bay, CA
Luxury Property Specialist

...the phone rings.   

Aug 04, 2017 09:27 AM
Rainmaker
2,311,680
Belinda Spillman
Optician - Aurora, CO
Colorado Living!

Oh geeze.  Some agents shouldn't be allowed to practice real estate.  

Aug 04, 2017 09:19 AM
Ambassador
3,447,046
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

A good local real estate attorney.  Shaking my head in San Jose. 

 

Aug 04, 2017 09:10 AM
Ambassador
2,362,586
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

It sounds like that agent might, ultimately, be the one on the wrong side of a law suit.  

Aug 04, 2017 07:07 AM
Rainmaker
1,014,038
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Um can you say Lawyer?

Aug 04, 2017 05:54 AM
Rainmaker
3,074,716
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Jeff Pearl nailed this one!

Aug 04, 2017 05:32 AM
Rainmaker
3,417,356
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

How the listing agent did not know they were under water is beyond me. At this point they need a lawyer

Aug 04, 2017 04:44 AM
Rainmaker
807,962
Brian L. Sirota, Esq.
Bristar Realty (Realtor/Attorney) - Orange, CA
For Solutions: (714) 501-7660

You have to admit Anna Banana Kruchten, CRS it's flattering to have a former colleague look to you for a perceived emergency.  ;-)

Aug 03, 2017 08:53 PM
Rainmaker
1,269,043
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

 I will say sorry I can not help you. Go see your broker.

Aug 03, 2017 07:30 PM
Rainmaker
3,986,529
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Legal advice now!!!!

Aug 03, 2017 06:42 PM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Anna Banana Kruchten, CRS There is only one answer, ". . .have her call an attorney."

Aug 04, 2017 06:42 AM
Rainmaker
1,758,737
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

As Jeff Pearl answered. 

Aug 04, 2017 06:40 AM
Rainmaker
2,259,303
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

I think I'm losing you

Aug 04, 2017 04:20 AM
Rainmaker
929,555
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

CT is an attorney closing state. This probably would not happen that way.

Aug 05, 2017 06:22 AM
Rainmaker
4,273,331
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I thought this was a knock knock joke ever but it was no joke Anna Banana Kruchten, CRS 

Aug 04, 2017 06:08 PM
Rainmaker
5,281,813
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I think it is a attorney she should be calling

Aug 04, 2017 10:58 AM
Rainmaker
8,233,536
Roy Kelley
Retired - Gaithersburg, MD

Thanks for sharing this situation.

Aug 03, 2017 04:58 PM