The REO "Bidding" is always a scam or comes under "Impossible Bidding" since you
have an "Insider" controlling the Bidding.
The Addendums are for ADDING something to a Contract....the Junk the Bank adds
doesn't meet CALIFORNIA DISCLOSURE OR INSPECTION LAWS....just ignore that crap
since they dont' even know what the word addendum means.
And, they use a Counter Form to do the "Highest and Best" sucker Bids....Counter means
a "Change" of something on the original contract....they need to add a FROM....
and a TO...... so that they at least use the FORM CORRECTLY.
The WHOLE STRUCTURE is like the Typical REO...Junk that needs some MAJOR
WORK to correct the problem(s) - Fri Sep 18 2009, 14:42