InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Fine points... Posted by Ward-CA- on June 26, 2003 at 11:45 AM In Reply to: Re: Fine points... posted by David on June 26, 2003 at 10:27 AM : Ward, : My understanding is that, in CA, if a NOD is recorded and the buyer is not intending to live in the property that CC 1695 is in full force, regardless of the sale terms, short, long or medium. Why then do you say “Nope” to question #1, what am I missing here? : David ================== David, All I read was that the loan is in default. That didn't mean it's in foreclosure. If it's not in foreclosure you don't need the EPA, etc. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : My understanding is that, in CA, if a NOD is recorded and the buyer is not intending to live in the property that CC 1695 is in full force, regardless of the sale terms, short, long or medium. Why then do you say “Nope” to question #1, what am I missing here? : : David : ================== : David, : All I read was that the loan is in default. That didn't mean it's in foreclosure. If it's not in foreclosure you don't need the EPA, etc. 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 © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

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