Re: CA Foreclosure process
Posted by Paul on September 27, 2008 at 19:54:58:
In Reply to: Re: CA Foreclosure process
Posted by Jerry - Ca. on September 27, 2008 at 13:56:14:
Jerry, I quickly reviewed your website and did NOT find any notices regarding "foreclosure" laws in CA.
Such as: CIVIL CODE SECTION 1695-1695.17
"Home Equity Purchasing"
CIVIL CODE SECTION 2945-2945.11
"Foreclosure Consultant"
(Partial text)
2945. (a) The Legislature finds and declares that homeowners whose residences are in foreclosure are subject to fraud, deception, harassment, and unfair dealing by foreclosure consultants from the time a Notice of Default is recorded pursuant to Section 2924 until the time surplus funds from any foreclosure sale are distributed to the homeowner or his or her successor. Foreclosure consultants represent that they can assist homeowners who have defaulted on
obligations secured by their residences. These foreclosure consultants, however, often charge high fees, the payment of which is often secured by a deed of trust on the residence to be saved, and perform no service or essentially a worthless service.
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Your rent to own program looks like it falls within the boundries of these laws.
Follow Ups:
- Re: CA Foreclosure process - Jerry - Ca. 10:25:12 09/29/08
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- Re: CA Foreclosure process - Paul 12:21:55 09/29/08
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- Re: CA Foreclosure process - Paul 10:56:31 09/29/08
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- Re: CA Foreclosure process - Jerry - Ca. 14:27:33 09/29/08
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- Re: CA Foreclosure process - Paul 12:41:29 09/29/08
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