Shortsale Almost FRUAD in CA!!??

[Scott R.]

SOO in my search for an attorney..i found one. One who doesnt practice law with clients but rather is a practicing RE Broker with shortsales. Turns out its WAY more complicated than most the investors are doing it and IF this law still stands which i just read (dont know if its any different words than in 2006 though) then the shortsale world will crumble in a heartbeat and people will be going to jail! There are ways to do it i guess because these attorneys do them but i guess its hell. Here is the article she sent and said "it is very well written" and i also attached the california civil code so you can hand it to your own attorneys who can figure it out but PLEASE make sure you inform everyone what you heard about from your attorney so others can get their investments going legally!

Articel from attorney on shortsales in CA
http://ezinearticles.com/?California-Home-Equity-Sales-Contract-Act---A-Mine-Field-for-the-Unprepared!&id=1095260

California civil code
http://www.leginfo.ca.gov/cgi-bin/waisgate?WAISdocID=28407621739+0+0+0&WAISaction=retrieve

[Scott R.]

I noticed the civil code wasnt working when you post so just copy and paste

http://www.leginfo.ca.gov then click on ca laws then check civil code and out in 1695