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Updated over 11 years ago on . Most recent reply

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62
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5
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Kim Clifton
  • Montgomery, TX
5
Votes |
62
Posts

Could I go to jail for this.

Kim Clifton
  • Montgomery, TX
Posted

Hey there BP. I'm talking with REO specialist (realtor) whom I have not met in person. Told him what I was looking for & he emailed 2 properties for me to look at. He also sent me the lockbox code to let myself in. I called and asked if that was legal & he said that was standard practice with investors. Doesn't sound right to me so am I being overly cautious or is he stepping over legal or ethical boundaries? Thanks guys!! :)

Most Popular Reply

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23,418
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13,509
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

There's no "law" against it. But it does violate MLS/realtor and the selling bank reg.s, which would be his problem, not yours.

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