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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: okay to get paid on bid? Posted by gc on May 12, 2009 at 8:37 AM In Reply to: Re: okay to get paid on bid? posted by Kristine-CA on May 11, 2009 at 0:00 AM What I mean is I find a deals for an investor, he writes a check on my name and I bid at aution and his name goes on title. I would like to get compensated for research and finding the deal. My question is if it is legal to get paid for that, since I am not an agent. GC : Something like that? Something like what? Anyone, including the trustor, can bid at trustee's sale. Are you bidding via proxy because the buyer can't be there? Are you finding the deals, have someone's money to buy at sale and then want to transfer the deal to the funder if you are winning bidder? : There are rules about proxy bidding in CA but I don't know them. Why not post what you are trying to do, and how, and see if you get some feedback for what you proposing? Kristine : : : Is it okay to get paid for purchasing a property via trustee sale for someone else as a finders fee, or something like that? Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : What I mean is I find a deals for an investor, he writes a check on my name and I bid at aution and his name goes on title. I would like to get compensated for research and finding the deal. My question is if it is legal to get paid for that, since I am not an agent. : GC : : Something like that? Something like what? Anyone, including the trustor, can bid at trustee's sale. Are you bidding via proxy because the buyer can't be there? Are you finding the deals, have someone's money to buy at sale and then want to transfer the deal to the funder if you are winning bidder? : : There are rules about proxy bidding in CA but I don't know them. Why not post what you are trying to do, and how, and see if you get some feedback for what you proposing? Kristine : : : : : Is it okay to get paid for purchasing a property via trustee sale for someone else as a finders fee, or something like that? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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