Tom Spaniel of Willow Bend Mortgage. Years ago when Tom worked for Signature Lending Group, I had just gotten into real estate as an agent and was closing on one of my first transactions. Tom Spaniel was doing the loan for my buyer.
About a day or two before closing, Tom calls me up and says that the buyer is $300 short of cash and if I dont contribute the $300 from my commissions, they will not be able to close and the deal will fall through.
I was new and nave and really needed the sales commission. I had worked hard on this deal, showing these clients many houses before they finally chose one. I told Tom I would go ahead and contribute the $300 from my commissions to make sure they closed.
The clients closed and as time went by and as I learned more about the business, I found had I had been scammed by Tom Spaniel of Willow Bend Mortgage (formerly with Signature Lending Group).
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