INVESTOR BUYER BEWARE!!!

DID YOU KNOW……..

If you buy an investment property in California and the following four items apply, you are in violation of civil code if you do not make an offer on a specialized contract called a NODPA.  

1. Owner occupied

2. 1 to 4 units

3. Buyer is an investor

4. Notice of default filed 

It gets worse, …….the Seller can come back and take back ownership from you up to two years afterwards! 

Just ONE of many good reasons  to work with an agent who is experienced in working with investors.  All contracts appear  the same but now you know they are NOT!

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About the Author Bill

I help small businesses be more successful.

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