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 ] Bidding restraint?? Posted by Ward-CA- on February 02, 2004 at 8:51 AM In Reply to: Making partnerships at steps? posted by Shelly on January 30, 2004 at 11:16 AM : Wondering if it is legal to meet someone at the steps and then decide to buy a property together and split the profits? ================== Shelly, CA Civil Code §2924h(g) states that it is unlawful to restrain bidding in any manner at a trustee's sale. Why would you impulsively decide at the sale to join in with another bidder if your intent wasn't to restrain the bidding between the two of you? Click on the link below to read the code and interpret it for yourself. Foreclosure Code- Civil Code §2924h(g) Follow Ups: Re: Bidding restraint?? SeanW 6:34 PM, 02/03/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Wondering if it is legal to meet someone at the steps and then decide to buy a property together and split the profits? : ================== : Shelly, : CA Civil Code §2924h(g) states that it is unlawful to restrain bidding in any manner at a trustee's sale. Why would you impulsively decide at the sale to join in with another bidder if your intent wasn't to restrain the bidding between the two of you? : Click on the link below to read the code and interpret it for yourself. 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. Read our privacy policy.

Copyright © 1997-2004, 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