LINC - Plenum Communications (was PLNM) Message Board

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Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM)

LINC 24.83

+0.2%

Dec 26 9:30 AM EST

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To: TokyoMex who wrote (90)	5/17/1998 4:11:00 PM
From: ztect	Read Replies (1) of 837

Tokyo....... Though you make good points in your earlier posts, you neglect to note that there are what are known as "buyer brokers" who work on the buyer's side. These brokers provide all the information that traditional brokers (who work for the seller) would not like to provide. Buyer brokers also shop your mortgage around so that you don't have to. This is very helpful because the buyer broker has connections and relationships with financial institutions that no service , internet or otherwise, could provide. The buyer broker also prevents the buyer from being taken advantage of by the MANY bogus loans scams that are out there. Buyer brokers typically split the commision fee with the seller's broker. Regarding your point about seeing all the available lending rates in your region, these services are all ready provided by many newspapers on and off line. But even these rates have to be confirmed , and aren't official until they are"locked in" and you go to settlement especially since there are many dubious lending institutions and lending policies being offered. ztect (sorry spelling not checked)

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