Questions in "Legal"
May 4, 2012, 7:30 am
I own a condo in Boca Raton, FL and have definitley outgrown it and would like to purchase a single family home. My wife is not on the mortgage but we are both on a home equity line of credit on the condo which we owe around $26,000. The mortgage is around $95,000 which is right around the value of the home. I guess my question is, are there any options on transferring the line of credit? We have paid off about $14,000 in the past year and a half but our family is too big for the condo and we...
March 29, 2012, 2:06 am
I bought an acre of land with ba single family home and two storage buildings via a quick claim deed. Now I am looking to sell the properity and all buildings on the land. However the buyers lawyer said that if purchases the land he can not get title insurance on it. Why is this not possible when there are no leans and the deed is 100%...
February 21, 2012, 3:08 pm
My husband and I bought our town home in 2005 with an ARM. We refinanced in 2007 to a FHA loan w a fixed rate through BOA. Now, we are 50,000 underwater, as we owe 185,000 and they are selling for 130-135000 in our development. Because we have an FHA loan, the federal programs do not apply to us. We can't do a traditional streamline refinance bc it would be pointless w the increase in PMI. It just doesn't seem right...is there anything we can...
February 12, 2012, 4:02 pm
I sold a property my grandfather had, not knowing that someone else had a first option to buy. The title company and me have
Been trying to find people and get contact with the people.
Is there a document we can send and if they don't respond within a certain amount of time they forfeit their rights and
Interest in property?
The couple I sold it too are trying to threaten me saying it is fraud and they are going to file criminal charges, can they do that
Even though it was not my intent...
January 27, 2012, 8:22 pm
once you buy an apartment can you have the current tenates sign a 6 month lease agreement once you buy the place? and is it...
July 22, 2011, 11:03 am
Can I obtain a Title at the court house on an adverse possession property that has been abandonned or vacant for the past 3...
June 21, 2011, 10:01 pm
I am a joint owner on a property in California. My name is not on the loan. The other owner would like to refinance. He tells me that I would not be responsible for the new loan. Is this true. Before signing any documents I would like to be comfortable knowing I would not be responsible if for any reason he does not or cannot make the...
June 21, 2011, 11:49 am
Hello,
If I signed a lease for a priviate owner's rental property and the lease does not start until 7/1/11, can I legally cancel the lease without any penalties? The lease agreement was completed with the GAR Lease for Residential Propter form. They have not cashed my security deposit nor first month's rent checks, so I was going to put a stop payment on them.
I just want to make sure I will not be sued or legally held liable for the money...
June 16, 2011, 4:11 pm
Hi,
I was divorced in May 2010. My ex-wife and I currently own a condo in the South Loop neighborhood of Chicago. We have attempted to sale the condo on two different occasions, but we’ve had no luck so far.
Two big questions:
1) The condo is currently worth $300K. We purchased it for $359K, but owe $340K. My ex-wife currently lives in the condo, but cannot afford to entire cost of the mortgage. I can, and I would like to take ownership of the condo. My wife's agrees with this...
June 9, 2011, 3:37 pm
We made an offer on a house that was in the Short Sale Status and the sellers accepted the offer, as the sellers were trying to avoid foreclosure. The negotiator at the bank counter offered and we then countered that and they accepted that offer. Contracts were signed to confirm the offer and we proceeded to get our loan in order. The Appraisal was planned for Tues. June 7 so we could close escrow by the designated time line, June 25.
On Monday June 6 we were told that we could not buy this
