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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Licensed Realtor Posted by Travis-CA on August 27, 2003 at 9:36 PM In Reply to: Re: Licensed Realtor posted by Clare Albright on August 19, 2003 at 6:38 PM : Damien, : Thank you for your reply. I am trying to figure out how to make my broker feel secure about my plans to buy pre-foreclosures. Like: she won't end up getting sued. : I live by Irvine Spectrum: I have been focusing on homes in a 45 minute radius. : Clare Albright : (949) 454-0996 Clare, While the laws are strict against any person dealing in foreclosures in the state of California, licensed salespeople and brokers are subject to more disclosures and also a much easier target for litigation if a problem arises. Just look at it this way, if some guy rear ends you in an automobile who has little or no assets and no insurance what are the chances that you will initiate legal action for damages? contrast that with the guy who has deep pockets and a heafty insurance policy. Travis Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Damien, : : Thank you for your reply. I am trying to figure out how to make my broker feel secure about my plans to buy pre-foreclosures. Like: she won't end up getting sued. : : I live by Irvine Spectrum: I have been focusing on homes in a 45 minute radius. : : Clare Albright : : (949) 454-0996 : : Clare, : While the laws are strict against any person dealing in foreclosures in the state of California, licensed salespeople and brokers are subject to more disclosures and also a much easier target for litigation if a problem arises. Just look at it this way, if some guy rear ends you in an automobile who has little or no assets and no insurance what are the chances that you will initiate legal action for damages? contrast that with the guy who has deep pockets and a heafty insurance policy. : Travis 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

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