When buying a foreclosure, can a real estate agent represent an investor in California?

Question: I'm in the foreclosure industry and a realtor just recently informed me that by law agents can not represent investors when buying foreclosures. Is this true?

And what do you think the ratio is between investors to regular home buyers when buying foreclosures?

Please advise

Answer:
Most foreclosure laws are made to protect foreclosure victims. Using a real estate agent when someone can no longer afford their home is sometimes the only logical choice. I have not heard of this law and I know of many Realtors who list properties that are in foreclosure.

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Check with the secretary of state.

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