For too long, many Realtors have ignored the financial side of the transaction and left it up to the mortgage people. We shouldn't have done it then - and we can't do it now. As real estate professionals, we need to better understand the aftermath of making bad financial decisions, so that we can better educate our buyers and sellers about the financial risks of many mortgage products. Join me in viewing the recent segment aired on 60 Minutes regarding the financial hardships of many homeowners.
Remember knowledge and education create powerful representation in real estate transactions!