Every real estate agent I’ve ever known has been a dishonest weasel. You’re sounding like one too.
Taking out a loan and never making the payments is wrong no matter what the fine print on the contract says. Plenty of things you can get away with legally are wrong.
>>Every real estate agent I’ve ever known has been a dishonest weasel. You’re sounding like one too.<<
You don’t seem to understand the concept of a secured loan. Morally speaking, that is. Yes, people can take advantage of it (people can take advantage of any loan agreement), but that doesn’t mean that it is always wrong to not make the payments. It depends on the circumstances. How about losing your job and huge medical bills coming due at the same time?
I am disappointed in the meanness of some freepers regarding discussion tactics.
I do agree with this however: “Plenty of things you can get away with legally are wrong.” I like to say it this way: What is legal is not necessarily moral, and what is moral is not necessarily legal. That said, contract law is not about morality. It is about legality. The specific circumstances and context surrounding the activities of the parties of a contract are where “morality” of actions is defined.
Oh, and yes I was a dishonest weasel when I sold commercial real estate. I became a Christian and one of my first acts was to quit my job. I considered the whole industry dishonest. It isn’t though. It is one reason my wife and I re-entered in residential RE back at the turn of the century. The reason we got out was that the only way to be successful is to give up your life for the job. We have a life now. We are not at everyone’s beck and call 24/7. It’s nice.