answered on Mar 20, 2023
One should be able to go straight to closing, however, all of the same pre-closing due diligence should be first conducted despite there being no contract: title search, survey, inspections, appraisal, etc.
I did not act on the will because the daughter moved in and I didn't want to upset her. However, the daughter recently passed and now there are no living relatives. Is the mom's will still executable?
answered on Mar 13, 2023
You will only know after you offer the original Will for probate.
answered on Mar 12, 2023
One would need to thoroughly examine the terms of the contract of sale in order to establish your rights as well as your obligations as it relates to the transaction.
Contract signed Feb 10 closing was supposed to be March 10. Investor never showed gave no valid reason and doesn't look like he going to follow through. We already moved out incurring great expenses hiring movers and renting a house.
answered on Mar 12, 2023
You shouldn’t have moved without absolute certainty that there was first a firm closing date and that everyone would have been fully prepared to close on that date.
The tax preparer told my sister to have my mom report it on here taxes, but the 1099-s is my sister's name. Who reports it?
answered on Mar 12, 2023
If your mother was the owner of a life estate and she sold her interest in the life estate then the proceeds from the sale should have been earmarked for your mother only and the 1099-s should have consistently named your mother as well. Once your mother received the proceeds, unless there are... Read more »
I just want to know if I can be forced to sell my home, just because other party wants to leave and wants money? Also, we are not legally married, and we do not meet the elements of a common law marriage.
Any advise would help. Thank you!
answered on Feb 22, 2023
As you are both on the deed, either of you can force a sale of the real estate by means of a judicial proceeding.
Do I also need to hire a lawyer or can I sign the contract from my cousins lawyer and be done? He is obtaining a mortgage which is part of the contract. No one else has ever owned this property besides my mom. She does not live there and I have power of attorney to sign contracts, including real... Read more »
answered on Oct 25, 2020
Ask yourself, are you confident that you know how to fully complete the deal yourself wrh no mistakes?
The house is rented and four want to sell it. Can the sale happen with a majority or does everyone have to be on board?
answered on Oct 18, 2020
You need all six (6) owners to properly and completely sell the real estate, absent a court order, exacted through a partition action.
It will be a cash sale just seems risky without a title company or even a deed
If we do find a buyer, are 2 different checks cut...one in my decease dad’s name and one in my living mother’s name? Please reply only if you are familiar with NY state laws. My POA is for my mom who is still living. The letter of administration is for my deceased father.
answered on Oct 17, 2020
A power of attorney ceases to have any effect upon the death of the person granting the power of attorney.
We are splitting up. I want to be as fair as possible in everything, even though I had asked him to wait on selling the house for one year and he refused. I have a realtor coming over in a little while to see what we can do. The house is valued about $30k over what we owe so we would both get a... Read more »
answered on Oct 2, 2020
He can not sell the house by himself if your name is on the deed as a co-owner.
My husband (soon ex) and I built a house together 3 years ago. Due to criminal charges and domestic he was evicted from the home and I live here with our children. We are both on the deed as well as his father (who helped us) but I am not on the home loan, just my husband and his father. I just got... Read more »
answered on Aug 1, 2020
If he signed mortgage documents without you joining in, you are unaffected by the new mortgage documents.
Adding A Name To Home Title
Hello everybody, this is my first post and I hope you are all doing well. My husband and I bought a home a few months ago in Monterey, CA. it was under a LLC. The day when the escrow papers were signed, including the title, I was traveling for business so I... Read more »
answered on Jul 29, 2020
You can legally do it yourself and save the cost of the Attorney fee if you are confident that you know how to do it yourself.
Hi, I bought a house in 2015, this house is built in 2003. My neighbour Claiming 2ft space on my driveway . We never changed the boundary , but now after 5 years he is claiming 2ft on my driveway. Can I go to the court ?
answered on Jul 26, 2020
Square it up with your survey, and independently, file a claim under your title insurance policy if you believe you have grounds.
Home is $185,000, appraised at $200,000. I am putting 5% down on a conventional loan.
As soon as the sale was finalized I was forced out by verbal abuse escalating to physical abuse. Do I have any legal recourse for the rest of the price of the house?
answered on Jul 23, 2020
Responding from a New York perspective, verbal agreements usually bear very little weight.
The discount was included in two different quotes but nothing was signed because I was waiting for a specific lot to become available.
answered on Jul 18, 2020
If you feel as if they are playing you before you sign the contract then this may be a perfectly good reason to not sign the contract.
In Oklahoma, we close on a home purchase this Friday. Financing is approved but I just lost my job yesterday afternoon. Can we back out of the purchase without getting sued for 5% of the home value or losing escrow deposit?
My husband and I purchased the cabin. There was a verbal agreement that the seller would help us find a mover. I told him we would need help with getting a mover the first time I spoke to him. He said yes he would. Then when we proposed an offer and before he went in to the house to talk with... Read more »
She wants us to pay 500 dollars of her closing on her new house. I feel like she is holding the house hostage and we have to pay ransom to own it. We have done everything in good faith and have waited 4 months and had closing delayed 3 times. Our real estate agent is pushing us to pay the 500.00
answered on Jun 25, 2020
The contract controls your rights and obligations. Perhaps the broker should offer to pay it?
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