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Questions Answered by Vincent Gallo
1 Answer | Asked in Real Estate Law for Washington on
Q: I am purchasing my mom's house for 120k it is worth probably 310k. Will I get hit with a huge tax issue next year?

The house is in Washington state.

Vincent Gallo
Vincent Gallo answered on Mar 30, 2020

Possibly only when you sell due to the law cost basis.

2 Answers | Asked in Real Estate Law for Ohio on
Q: I recently came across a copy of a forged quitclaim deed from 2016. Is there anything I can do to contest it?

My father is in a nursing home and I was going through documents I found the forged deed at his house. The property in question is located in a very desired part of Cleveland. Is there any way I can contest the validity of the deed? Or is it past the statue of limitation? He is currently senile,... Read more »

Vincent Gallo
Vincent Gallo answered on Mar 21, 2020

It’s certainly worth a shot.

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1 Answer | Asked in Real Estate Law for Indiana on
Q: we were about to close on a house. Then a week before closing this coronavirus broke out. My husband is afraid to buy

the house because it would wipe out our savings. If he wasn't able to work. We signed a contract. Can they force us to go ahead with the deal.

Vincent Gallo
Vincent Gallo answered on Mar 20, 2020

If you have a contract with any such contingencies, you’re probably bound to the real.

2 Answers | Asked in Real Estate Law for Florida on
Q: My aunt and myself are on the deed to her house. She just died and she left everything to her nephew.

We put the deed in both our names when something like this would occur. Does the deed supersede the will as the deed was never changed because I did not sign anything updating the deed. Thank you

Vincent Gallo
Vincent Gallo answered on Mar 15, 2020

It depends upon how the date specifically wreaths.

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1 Answer | Asked in Real Estate Law for South Carolina on
Q: bought a house with my boyfriend we are now splitting up. He wants to sale I want to Keep what do i do?

the mortgage is in my name the deed is in both of our names. we did not make any agreements prior to purchasing. he is wanting to sale i want to keep the house what do we need to do??

Vincent Gallo
Vincent Gallo answered on Mar 13, 2020

Buy him out.

2 Answers | Asked in Real Estate Law for New York on
Q: I recently got divorce. I want to transfer the ownership of the house to myself. My ex husband granted me the house.

What I should do?

Vincent Gallo
Vincent Gallo answered on Mar 10, 2020

He would prepare a deed from him to you, so hit, have it witnessed and acknowledged and recorded with the required recording fees and transfer taxes paid.

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3 Answers | Asked in Real Estate Law for Florida on
Q: my purchase agreement indicates seller pay up to 3% of buyer's closing cost. Is that 3% of purchase price?

I am the seller. in the buyer's purchase agreement it indicates seller pay up to 3% of buyer's closing cost including prepaid. Is that 3% of purchase price? my agent told me at time of signing its 3% of closing cost.

now its closing soon the title company calculates 3% of purchase price.... Read more »

Vincent Gallo
Vincent Gallo answered on Mar 5, 2020

Don’t close until it’s corrected.

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1 Answer | Asked in Real Estate Law for Indiana on
Q: House is under my name and my boyfriend.The kids dad. We separated and he threatens me with taking my name of the house

I recently filed for child support. What hat are my rights for the home

Vincent Gallo
Vincent Gallo answered on Mar 1, 2020

If your name is on the deed, only you can convey your interest in the real estate, unless he were able to get a court order to do so, and only if the order is pursuant to a lawsuit wherein he shows some form of entitlement to do so.

2 Answers | Asked in Real Estate Law for New York on
Q: I am looking at putting someone on the deed to my house, I do not have a mortgage . I also need to update my will.

I Am looking for information on putting someone on my house, and updating my will. I realize they are separate issues but would like to take care of at the same time. I am in Erie County NY

Vincent Gallo
Vincent Gallo answered on Feb 26, 2020

The fact that you’re saying that you’re looking for a way out of it before you went into it tells you that perhaps you shouldn’t be going into it

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1 Answer | Asked in Real Estate Law for New Jersey on
Q: I own a house with my sister and im just finding out that she re mortgaged and I DIDN'T SIGHN ANY PAPER WORK

So im wondering if two parties own a house can one re-mortgage without the other consent and signature?

AND if so shouldn't the mortgage company spotted this

Vincent Gallo
Vincent Gallo answered on Feb 23, 2020

From what you stated, someone forged your signature.

1 Answer | Asked in Contracts and Real Estate Law for New Jersey on
Q: can i add someone on my house deed without needing a lawyer? can i file the papers myself in cape may county?

(not really sure what category this goes in, so i put contracts, or real estate?)

Vincent Gallo
Vincent Gallo answered on Feb 23, 2020

Sure you can, if you are confident that you know how to correctly and completely execute on the task.

2 Answers | Asked in Consumer Law, Contracts and Real Estate Law for Wisconsin on
Q: Who's responsible for the repairs after a home has been closed? How many days do you have to cancel the sale of a home ?
Vincent Gallo
Vincent Gallo answered on Feb 22, 2020

In New York? None unless possibly bringing an equitable action based on fraud and concealment. I wouldn’t count on it.

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1 Answer | Asked in Real Estate Law for Georgia on
Q: I just purchased a house in Henry county GA and want to add my mom to my deed to get the Homestead tax exemption.

By doing a quitclaim deed to do this does this also give her rights to my house?

Vincent Gallo
Vincent Gallo answered on Feb 21, 2020

She becomes a co-owner.

1 Answer | Asked in Real Estate Law for Kentucky on
Q: I am under contract on a house (that has beginning stages of mold found after inspection). We put in a contingency

In our offer that it must pass home inspection. Inspection was scheduled before the required date, but due to inspectors schedule, was completed after the required date, the seller agreed to this date. Since mold is present and the home must have a new roof, we do not wish to continue with the... Read more »

Vincent Gallo
Vincent Gallo answered on Feb 17, 2020

From what you stated, it appears that a lawsuit for the termination of the contract and the return of the deposit may be your only solution.

3 Answers | Asked in Real Estate Law for Michigan on
Q: My husband and I are joint owners of our home. He passed away, and I would like to transfer the deed into my name.

What documents do I need, and where do I go to get the transfer done?

Vincent Gallo
Vincent Gallo answered on Feb 5, 2020

Responding from a New York perspective, if you and your husband held title as tenants by the entirety, you would not need to do anything except produce a death certificate if and when you sell the real estate.

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1 Answer | Asked in Real Estate Law for Missouri on
Q: You Home Purchase Rights during final walkthrough

You

Hello, I’m closing on my home Thursday, Jan 30th. During the final walkthrough yesterday we noticed the water was turned off within the home so I was unable to check faucets, etc. The seller suggests that he doesn’t need to turn on the water so I’m verifying if that’s accurate.

Vincent Gallo
Vincent Gallo answered on Jan 29, 2020

If the water service isn't turned on, how can you possibly assure yourself that everything requiring water service is properly working?

2 Answers | Asked in Real Estate Law and Probate for Pennsylvania on
Q: Can a child reside in a deceased parent's home, leaving the deceased parents name on the deed and continue to pay school

taxes and property taxes in deceased parent's name?When child gets short certificate, fo they have to report real estate if it's value is $6000?

Can a child continue to live there?

Vincent Gallo
Vincent Gallo answered on Jan 28, 2020

Doing this alone will not denote ownership of the real estate.

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1 Answer | Asked in Real Estate Law for Georgia on
Q: My mother left her house to me and my two sons when she died last year. How do I go about getting a loan or selling?
Vincent Gallo
Vincent Gallo answered on Jan 11, 2020

It would take all 3 of you to get a loan and/or to sell.

2 Answers | Asked in Real Estate Law for New York on
Q: Can my mother write her own will and not use a lawyer? If so, it only needs to be notarized - Correct?

Does it have to be filed in NYC where she resides?

Vincent Gallo
Vincent Gallo answered on Dec 28, 2019

Why not, if she confidently knows how to do it 100% correctly and legally.

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