Geez Helen, I don't know. What do you think?

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

 

BBBOnLine Reliability Seal

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

Violation of 1695

Posted by JK on April 01, 2004 at 1:11 PM

Hello

We have a local realtor who went to a seller in foreclosure and got the listing. The price on MLS was about 20% LESS than what the place would have sold for at the auction (at least what I would have bid - and conservatively too).

The house was sold immediately to a corporation of which this listing realtor is an officer! Thus she in a way sold it to herself.

I asked the seller if he had ever gotten a 5 day cancellation notice and he said NO.

Unfortunately the seller is a bit of a doofis and is too timid to do anything.

What can I do as this violation to the civil code puts us at a disadvantage - since most average folks seem to trust realtors more than us investors. Is this a matter I can report to the DRE directly? If so - is there a format that you have found better to use IE - certain department etc.???

Thank you


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments: 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

[an error occurred while processing this directive]