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Real Estate & Property Law

: The Home Equity Theft Reporter

California Court Hammers Foreclosure Rescue Operator For $280K Plus Attorney Fees In Sale-Leaseback Foreclosure Rescue Deal

By r morris

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A November, 2008 decision by a California appeals court affirmed a lower court ruling that awarded a homeowner facing foreclosure monetary and exemplary damages in the amount of $280,000 (plus the homeowner's legal fees) from a real estate broker / foreclosure rescue operator to whom she sold her home in a sale-leaseback arrangement which violated the California Home Equity Sales Contract Act (

Full post as published by The Home Equity Theft Reporter on January 26, 2009 (boomark / email).

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