The Real Estate Encyclopedia
Foreclosure Consultant
Category - Real Estate Glossary - Real Estate Terminology
A person who makes a solicitation, representation, or offer to a homeowner at risk of foreclosure to perform, or who performs, one of a number of specified services that the person represents will help the homeowner. In states where foreclosure consulting is regulated, a Foreclosure Consultant cannot:
  • Buy a pre-foreclosure property.
  • Have an equitable interest in the sale of the property.
  • Induce the homeowner to sign documentation that waives their rights regarding the transfer of ownership of their property.
  • Have "agency" with one investor/investment firm.

Real Estate Glossary - Real Estate Terminology
Home   |   About Us   |   Contact Us   |   Patrons   |   FAQ's   |   Site Map
© 2008 - All Rights Reserved.
Thank you for visiting Real Estate Wiki - the leading dictionary, directory, encyclopedia and glossary for the real estate and mortgage industries .