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Melodee Lucido
  • Real Estate Investor
  • Arizona Idaho, Memphis
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Is this legal??

Melodee Lucido
  • Real Estate Investor
  • Arizona Idaho, Memphis
Posted Aug 20 2012, 11:21

I just talked to a man who responded on a l/o ad. He has a house that's going to auction in Chico Ca today at 2pm. He said he had an investor that was going to buy the house at auction and then l/o back to him (in his wife's name).

I thought I read that it was illegal to do this---or maybe it's illegal to do it if it's before the sale.

Is there any thing that can be done to help this guy buy just a bit more time. Years ago I remember people pulling houses off the block in the midnight hour---I know it all depends on alllll the history of the deal.

Any input?

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