Yes, a realtor can lend money to a client, but there are legal and ethical considerations to keep in mind. They must comply with local laws and regulations regarding lending practices, and it's crucial to disclose the transaction to all parties involved. Additionally, this practice can create potential conflicts of interest, so it’s important for realtors to consult with legal and financial advisors before proceeding.
No I have no money
In Canada, we lend you money and if you don't pay we break your legs!
No. Never ever trust any strangers and never lend your money to them. Don't give them a single penny.
The U.S. Department of Housing and Urban Development (HUD) does not directly lend money to homebuyers. Instead, it provides mortgage insurance programs, like the Federal Housing Administration (FHA) loans, which protect lenders against losses and make it easier for borrowers to qualify for loans. HUD also supports various programs that assist low-income families in obtaining affordable housing.
A local realtor can help you.
Yes, the realtor is required to disclose to the client that the realtor is receiving a fee.
You need to check out both and see if they are reliable. The realtor is going to be a middleman unless he has the money to lend. He would have to get a loan and then loan that to you. Check the Better Business Bureau and see what the ratings are on both the bank and the realtor.
a good Realtor maximizes the money you get, net of commission, for your home.
no
Money lenders and banks.
If your credit is good, a bank will lend you money. If your credit is bad, then only a very close personal friend, who is willing to take a risk, will lend you money.
No.
Lend? Any age to lend, however parents should be advised of their children's loans they may be giving out!
Banks do not create money, they only use the money from saving accounts and lend it to people. When they lend the interest from the loan is profit for the bank.
people at banks
yes
No I have no money