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To: rhombus
However, should an offer be made and accepted it is then the selling agent that has to hold the whole thing together by making sure that lawyers do their jobs and that inspectors get access to the house, the correct paperwork and insurance policies are available at closing.

Not exactly as a mortgage broker friend of mine tells it.

He claims the mortgage broker orders all inspections, acquires updated insurance policies, orders title search, runs credit check, finds lender & gets loan approval & gets all necessary paperwork in a packet for the closing officer.

According to him, all Bambi the Real Estate Agent does is take the client upstairs to show them the basement, then downstairs to show them the attic and fills in the blanks on an offer form ;-)

67 posted on 05/09/2005 7:32:37 AM PDT by varon (Allegiance to the constitution, always. Allegiance to a political party, never.)
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To: varon
According to him, all Bambi the Real Estate Agent does is take the client upstairs to show them the basement, then downstairs to show them the attic and fills in the blanks on an offer form ;-)

Ask more people than your friend. You would be wrong about who does the leg-work at least in some states. The reference to "Bambi" is just insulting.

71 posted on 05/09/2005 7:45:28 AM PDT by rhombus
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