agent required for pre-foreclosures in CA ?

lweinlan profile photo

is an real estate agent or broker required for a pre-foreclosure transaction in CA? Or can I write the purchase agreement and have it signed by the owner without an agent? In which pahse of the pre-foreclosure process AM I LEGALLY REQUIRED to use an agent?

thanks Luc confused

Comments(2)

  • joel26th September, 2002

    In NC, you don't need a Real Estate Agent in order to purchase or sell real estate. I don't think CA would have a law that forces you to conduct a transaction through a real estate agent.

  • bjsmooths26th September, 2002

    lweinlan,

    None.

    You don't need a real estate agent to do anything for you when you are dealing with transactions between yourself and a potential seller. The only time you need to be an agent, is that if you are representing a SELLER/BUYER in which you have no interest in as a principal buyer/seller.

    You can check with an attorney in your state, but there is no law saying that you need to have an agent or attorney write a purchase agreement for you. It is an option, but it's not necessary.

    good luck,

    [addsig]

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