MortgagesUndressed

Exposing Mortgage Facts And Providing A Directory of Real Estate Agent Referred Loan Officers

Magnificent 7 Nominee:Carol Luddecke: Beware of Bait and Switch

It looks like Carol started blogging in August. I have noticed a lot of bloggers write their best stuff right from the start and then lose ideas. I hope Carol keeps on keepin on.
Carol writes a great consumer article on bait and switch. A snippet for you,”

Beware of Bait and Switch

Bait and switch. That’s where you get lured in by some kind of “bait” (amazing prices, discounts, bonus prizes, etc.), but then once you sign or are about to sign on the dotted line, suddenly the deal is “switched” to something less than what you were hoping for.The biggest problem we have in the mortgage business in terms of bait & switch is the fact that some lenders advertise rates they know they know they cannot deliver… Click here and switch to her website for the full article.

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