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I am divorced and I still own 50% of a piece of rental real estate. The divorce was 8 years ago. I would like to sell the real estate. The other person will not agree to sell or buy out me out. What are my options?
answered on Feb 4, 2018
If you are unable to resolve it amicably, you would bring an action in partition which is a forced sale of the real estate.
We put about $12,000 down on a new home build. $5,000 was for earnest money and about $7,000 was for upgrades. We decided to cancel before we had the red line meeting. The builder says they will not give us any of our money back because it has all been spent on permits, engineering, and bank loans.... View More 
answered on Feb 3, 2018
Your contract should be able to define your answer. Hopefully you had an astute attorney who negotiated the contract that you executed.
answered on Feb 3, 2018
You do not legally need to retain an attorney provided that you know how to do it yourself correctly. So the question is do you know how to do it yourself correctly?
Hi, we sold a home that is in an open estate. The home has a mortgage. The title company missed the mortgage and sent the check to the executor of the estate.
An acquaintance of ours told us not to pay off the mortgage at this point, that the title insurance will have to pay off the loan.... View More
answered on Jan 18, 2018
The title company can, and no doubt, will come after you for payment.
answered on Jan 15, 2018
You will, no doubt, need to pay off all of the debts affecting the house by no later than the closing date.
answered on Jan 12, 2018
You and/or your Attorney, if you do not know how to do so yourself, need to properly prepare, and have executed and acknowledged, a Deed and required ancillary documents that need to be recorded with the NYC Register.
does the violation transfer to the new owner. The estate is now closed
answered on Jan 4, 2018
Yes it would, however more importantly, a violation is readily discoverable from the public records. So why didn’t you, or your attorney or your title agent find it before you closed?
Buyers title company had set the date for closing on the 18th of Dec.
we found out the buyer had delayed approving the loan company to proceed from November 7th until December 7th. Once we realized the issue the 18th passed and she was in breach.
We signed 2 more extensions which... View More
answered on Jan 4, 2018
Not likely, most contractual terms do not survive the closing.
My wife is not listed on the mortgages.
answered on Jan 4, 2018
Not likely, however if the mortgage debt is not paid and the property is foreclosed it will be lost in the foreclosure notwithstanding.
aren't done and I still can't receive mail. What can I do?
answered on Jan 2, 2018
The real question is why did you close on a home and tender the full purchase price is the house wasn’t complete?
He is living there, not paying payments. She is remarried, living in another state.
answered on Jan 2, 2018
If you want to walk away ask the lender to agree to accept a deed back in lieu of foreclosure in settlement of everything owed to the bank.
He said he is entitled to 50% of what I sell it for. My home is in Florida; is that true?
answered on Jan 1, 2018
Everyone agrees upon a selling price and all five owners amicably sell.
Each month I contributed $2492 & he contributed $1000 to the mortgage.
We have split up & he has moved out. How do we divide the house asset?
answered on Jan 1, 2018
Here are your options as I see them: 1) you will divide the proceeds as you both amicably agree; or 2) however as Court so decides if it gets out of hand after all of the evidence is presented to the Court at trial.
The shed was falling down & would not have passed the inspection for a usda loan. Our loan was denied due to my husband getting 5 less hours a week at work. Now the sellers said they will not give back the deposit because they removed the shed & that it's my husbands fault we... View More
answered on Dec 27, 2017
Sue them for your money back if you are confident that this is how the contract reads.
All contigencies were met and my loan is approved. Everything is done except the title transfer. Seller says because the contract allows him to take secondary offers he can sell to the secondary bidder.
answered on Dec 24, 2017
The terms of the contract will delineate your rights and obligations.
The buyer did final walk through and signed the documents! No mention was made of the original curtains. They now want the original curtains back.
answered on Dec 15, 2017
If they purchase real estate with a mortgage, the lender will no doubt require an appraisal. Notwithstanding, in all cases, a purchaser would be foolish to not first obtain an appraisal to ensure themselves that the property is worth what they are paying for it.
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