If you look at the landscape of today's economy one thing is very clear. No one trust anyone anymore. Just like a marriage without trust, everything becomes harder. A simple trip to Vegas with friends can turn into a divorce if there is no trust. A simple mistake in today's market can lead to an entire deal falling apart in moments... In this new market environment patience will become profitable as parties will now need time to build trust and track record before they jump into bed together. The trust was broken because of lack of honesty on the part of Brokers, Loan officers, Appraisers, Agents, and Investors. So what now? Now is a great time for honesty...
Some food for thought!
Louis C. Baker
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