Update to DRE Consumer and Industry Alert Regarding Short Sale Fraud

Date: September, 2010

Several months ago, the Calif.Department of Real Estate issued a warning to the real estate industry about short sales and growing fraud in this area. This update is on the growing, questionable, and sometimes unlawful practice requiring buyers to pay the fees charged by short sale negotiators.

DRE Short Sale Update

Commisioner Warning Letter to Industry Professionals