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Re: Ca. 4 year period for pre-foreclosure owner to sue

Posted by christine jones on May 24, 2002 at 0:47 AM

In Reply to: 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.




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