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I know I got a little hot and heavy in this thread over in the Real Estate forum.
I'm curious about what the Mortgage guys have to say about a $1,000 payment for bringing a buyer to an unlicensed private party after closing in Arizona.
Is that a commission?
Does it require disclosure on the HUD1?
If it is a personal friend and all I would do it. I dont see it as commission. I see it as a finders fee you gave a friend for helping out. Or a GIFT to a friend to show your appreciation for their help.
Just experience. I am not a professional. Just m,y knowledge from experience. dont base your decision on my opinion
Thanks!
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