InnoVest Resource Management's Foreclosure Forum

Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Foreclosure Codes 50 State Foreclosure Basics Foreclosure Glossary 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Ca. 4 year period for pre-foreclosure owner to sue Posted by Gina on May 16, 2002 at 4:58 PM Hi Ward: Two more questions that I have about pre-foreclosure that I would appreciate getting your perspective upon. After purchasing the property that is in pre-foreclosure I understand that you cannot purchase a property for under 70% of value. The other part that I seem to be reading more and more about is that in CA the owner of record can come back and sue for a 4 year period. Is this correct? Does an Estoppel Agreement protect against this? Also the forms from First Tuesday? Also the title companies keep mentioning the terms "unjust enrichment" and "unconsciousable advantage" ... how are these items determined? Does the title company determine this and then determine if they will provide title insurance? Thanks. Follow Ups: Re: Ca. 4 year period for pre-foreclosure owner to sue christine jones 0:47 AM, 05/24/02 (0) Re: Ca. 4 year period for pre-foreclosure owner to sue Ward-CA- 7:38 PM, 05/17/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward: : Two more questions that I have about pre-foreclosure that I : would appreciate getting your perspective upon. : After purchasing the property that is in pre-foreclosure I : understand that you cannot purchase a property for under 70% : of value. The other part that I seem to be reading more and : more about is that in CA the owner of record can come back and : sue for a 4 year period. Is this correct? Does an Estoppel : Agreement protect against this? Also the forms from First : Tuesday? : Also the title companies keep mentioning the terms : "unjust enrichment" and "unconsciousable advantage" ... : how are these items determined? Does the title company determine : this and then determine if they will provide title insurance? : Thanks. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2002, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455