Comments by "gary K" (@garyK.45ACP) on "5 MORE Scams that Have Become so Normalized, We Don't Even Notice Them Anymore." video.

  1. Real Estate Agents...EXACTLY! Lawyers charge the same fee to handle the sale of a $1,000,000 home or a $100,000 home. Real Estate Agents care ONLY about themselves and their commission. I was an inspector for 7 years and when I found defects, some of which were legitimate dangers to the buyers and their families, agents would be quick to point out..."Oh, I can get you insurance to cover that". Or "Don't worry, I can get you financing" At what price? At what interest rate? Who will PAY for that? I told one client to "Keep that in mind when the fire department is trying to rescue your daughter from her bedroom during a fire. You have insurance." The agent called my office and complained that I had "burned her deal." Oh, well. Better than burning a 2 year old child. A couple weeks later I had a call from the same client to inspect another home. But she had a different agent. She told me "My father is an electrician, he reviewed your report and told me to 'keep the inspector, get rid of the agent'" They other trick they will do...reduce the sale price to cover the "cost" of a serious defect. Great, so your payments on a 30 year mortgage go down $11/mo. YAY! How does that pay for a new roof or AC system? I inspected countless "worn out houses" with 20 year old roofs, 20 year old AC systems and 20 year old water heaters. And the agent will say..."Oh, I'll negotiate the price" Uh, huh. That doesn't pay for replacing the items. BEWARE the 20 year old house! Just be aware, they are NOT looking out for you.
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