reo: Is an agent who coordinates repairs acting as a Contractor?
- 08/29/11 09:40 AM
Are Agents acting as a General Contractor when repairs are made? As I'm around and about quite a bit.. I have seen a pattern of the agents "coordinating" repairs.. to the extent that I wonder if they are acting as a General Contractor. The state that I'm in.. California, I'm nearly certain that they are. We have * a lot * of REO's that are being "fixed up"... Is the risk worth the reward? Well then, what is the concern? Well, quite frankly, depending on the area you live in... you could be violating the law or *even committing a crime*. (34 comments)