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 ] Check with the DRE Posted by Ward-CA- on April 01, 2004 at 2:09 PM In Reply to: 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 =============== JK, All you have to do is go to your local DRE office and submit a written complaint. By law, they will have to follow up on your concerns and resolve the matter. Follow Ups: Re: Check with the DRE Jk (the other Jk) 11:13 AM, 04/02/04 (1) Re: Check with the DRE JK 7:49 PM, 04/02/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : 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 : =============== : JK, : All you have to do is go to your local DRE office and submit a written complaint. By law, they will have to follow up on your concerns and resolve the matter. 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