Legal Question in Real Estate Law in California

I WAS BEHIND ABOUT 5 MONTHS ON MY MORTGAGE WHEN A REAL ESTATE AGENT KNOCKED ON MY DOOR AND SAID I WAS IN FORECLOSURE. INDEED I RECEIVED DEFAULT NOTICES (1ST AND 2ND MORTGAGES). HE LISTED MY HOUSE BUT SHOWED IT ONLY TWICE IN 4 MONTHS. I THEN RECEIVED SUBSTITUTION OF TRUSTEE NOTICES. THE REALTOR KEPT TELLING ME I HAD TO GET OUT OR I WOULD BE EVICTED, FINALLY COMING DOWN TO TELLING ME I HAD ONLY A FEW DAYS LEFT. HE OFFERED ME $1000.00 AND HAD ME SIGN A STACK OF PAPERS WHICH I DID. I MOVED.

IS IT POSSIBLE TO SIGN YOUR HOUSE AWAY THIS EASILY?

THE REALTOR BOUGHT THE HOUSE ( I'M NOT SURE IF IT WENT TO AUCTION) FOR $185.000 AND THE BANKS WERE PAID OFF IN THE AMOUNT OF $160,000. IS THIS LEGAL OR AT LEAST UNETHICAL? AM I ENTITLED TO ANYTHING OR SHOULD I JUST GIVE UP ON IT?

THANK YOU GALEN GARCIA

SAN DIEGO CA.

619-241-3379

E-MAIL: [email protected]


Asked on 12/26/11, 9:50 am

1 Answer from Attorneys

Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

It's certainly possible to sign away your house, and you did. Too bad you didn't consult an attorney before you signed your house away (not after). At this point you are entitled to diddly-do.

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Answered on 12/26/11, 1:29 pm


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