California  |  Real Estate Law

Legal Question

Asked on: 9/23/13, 12:26 pm

Is it illegal for a Seller of Real Estate to require the Buyer to use their preferred lender in order to accept an offer.?

2 Answers


Answered on: 9/23/13, 12:30 pm by Timothy McCormick

No.


Did you find this answer helpful?

0 Users found this answer helpful.

0 Attorneys agree with this answer.


Libris Solutions - Dispute Resolution Services 201 Spear St., Suite 1100 San Francisco, CA 94105

Other answers from this attorney

Answered on: 9/23/13, 1:49 pm by Anthony Roach

I agree with Mr. McCormick. It is not illegal. It just may be a really bad idea that limits the ability of the buyer to obtain financing and therefore limit the range of possible buyers that can submit offers on the property. So stupid? Maybe. Illegal? No.


Did you find this answer helpful?

0 Users found this answer helpful.

0 Attorneys agree with this answer.


Law Office of Anthony A. Roach 9909 Topanga Canyon, Ste.313 Chatsworth, CA 91311

Other answers from this attorney

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

133 Answers given in the last few hours.

8661 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search