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Updated over 15 years ago,

User Stats

289
Posts
95
Votes
Christopher W.
  • Residential Real Estate Agent
  • Orange County, CA
95
Votes |
289
Posts

California Foreclosure Consultant?

Christopher W.
  • Residential Real Estate Agent
  • Orange County, CA
Posted

I have a question about the July 2009 law regarding California Foreclosure Consultants. If we are talking to homeowners and negotiating a short sale for them, does this law apply to us?

I read the law and the only thing I can think of is that the law specifically states "perform for compensation". If we are not charging the homeowner any fees, then this should not apply, right? It seems like this law was written for people doing loan mods.

Just wondering what other Cali short sellers are doing out there!

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