True financial freedom- financial peace- is to know you can take care of the critical things in life no matter what.

I don't Day Trade; don't care much for living under bridges.

Do be more careful in the multi-family arena because commercial loans don't have the same restrictions as 1-4 unit RESPA loans.IndyMac didn't "borrow" money from FDIC.

Be careful who you listen to... the right person might have ways to lower risk and increase profits.

If someone truly wants/needs to sell they don't care what type of deposit you give.

When you first spoke to this woman you needed to assure her that you were a professional and that you would take care of her.

Thanks for all of your advises, it turns out this agent is in the middle of quitting (or being fired) from the current broker and getting in to another; he has been sitting on doc for over 3 weeks (mostly basic REO disclosures that needed to be signed and return to selling agent) that he didn’t know how to pull them out of Windforms (Realtor Online Contract data base); asked seller’s agent questions about them over and over; lack of REO knowledge (REO Specialist printed on his card) and couldn’t care less for his last few clients…Relayed the facts above (with a little help from the selling agent) in addition to the tangible misled evident to my agent’s boss and got only 18 moths worth HOA fee ($810) credited.Yes, another rookie’s lesson learn; just didn’t think he would be that much out of line for a major issue like such; considering he’s a 72 year old guy with shallow ethic.

I would be very careful and do alot of research before I jumped in.

Do title companies take care of escrow?

Although who cares, I am acting legally and ethically :boring: