[Paperdoll]

For the most part, it’s called living over and above one’s means. Also, any real estate agent should have warned a client that adjustable rate mortgages are risky.

[nmh]

Real estate agents value to measly commission too much to be honest. They don’t care. With the housing market in a slump in most states, they’ll lie even more to get THEIR money and then you’re on your own.

[cbkaty]

Also, any real estate agent should have warned a client that adjustable rate mortgages are risky.

The sad little secret is there are those that seek out there own race to conduct business...thinking that their own "people" wouldn't rip them off.....

I see it all the time....the buyer, lender, and real estate agent are all culturally connected....They are getting exactly what they paid for....trouble.