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Me or would it be left to my dads sister cause she’s telling me I need to sign papers so she can sell it this is in the state of Arkansas please help I need to know what I can do and what my options are
answered on Jun 20, 2020
Your grandmother’s will shall determines who inherits the real estate.
The foundation and brick fireplace need repair.
answered on Jun 20, 2020
You would need to examine the contract to see what it specifically provides.
No other offers on the table, no money spent to prepare house, we have signed all documents leading up to purchase but signed 2 weeks prior but have 2.5 weeks until closing. My wife lost bonuses from her job due to Covid-19. Can I back out if I pay for all closing expenses occurred to this point... View More
answered on Jun 7, 2020
You’re right and your obligations should be defined in the contract that you signed. If, however, you strike a deal with your seller which is amenable to both sides, anything is negotiable.
It’s a builder contract so wondering what power we have in the situation. If we can get any compensation from the builder to offset unexpected costs?
March 24 - Contract Date, we were informed that the build was estimated for completion on April 22.
May 8 - extension of Review... View More
answered on Jun 4, 2020
Responding from a New York perspective, mortgage rates are plummeting so you may want to consider letting your lock in expire and request a market rate which should be lower.
answered on May 30, 2020
Of course, you’re entitled to know if they can really afford to purchase your house.
I have a buyer. I really need the money for medical bills. The co owner wants to keep it, and wants me to remain co owner. I feel stuck. How do I sell my share of the property. It is not divided by surveys, one 36 acre piece of woods.
answered on May 28, 2020
Responding from a New York perspective, you could bring an action to force the sale of the real estate.
about the purchase. They want out of the contract. They are pressuring me to sign a document basically stating a mutual agreement to break the contract and forfeiting their deposit. What alternatives do I have?
answered on May 17, 2020
The contract of sale with you both executed with governor as to whether either party has the right to cancel the contract. Unless the contract contains a specific force majure clause, the virus alone would not be grounds to cancel the contract.
Brother (co-owner) has lived there 7 years rent free, with no desire to sell. what are my options?
answered on May 10, 2020
Responding from New York perspective, you would bring what is referred to as in action in partition. This would force the sale if you and The co-owner cannot come to terms.
Can 1 of those joint tenants transfer their interest to a third person without the other joint tenant's signature?
answered on May 9, 2020
Responding from a New York perspective, the answer is yes, and that breaches the joint tenancy and converts it to a tenancy in common.
Buyer put in a offer with 1000 down. The buyer chose to back out of the offer after it was signed. (Less than 48 hours after signed by seller) the seller wants to seek legal action for the 1000. The seller however when accepting the offer added in a contingency. Is the offer binding if the... View More
answered on Apr 28, 2020
No, that would be considered a counter offer that the purchaser me either accept or reject.
My brother and I bought a one family house in Nassau county about 15 years ago.
About 10 years ago I sold my half to my brother.
The mortgage loan stay in my name.
My brother has been making the payments on time all these time.
Because of the coronavirus my brother... View More
answered on Apr 26, 2020
The only way I could see you doing it is by refinancing the mortgage and having your name removed from both mortgage and from the deed.
answered on Apr 25, 2020
Responding from the New York perspective, the power of attorney needs to be recorded simultaneously with the document which it pertains to.
We would prefer to wait 90 through 120 days. Is this possible? If so, how?
answered on Apr 21, 2020
I would suspect that the terms of the contract would govern when the closing will take place.
If she gifts me her home, will I still be the owner of the home even though her will states it goes to my dad and uncle?
answered on Apr 21, 2020
If she gives you the house now, there will be no house for her to leave to anyone else in her will.
I’m a seller, we are selling our home and have been in contract for a few months. We did receive a down payment. The contract is contingent on finding another home, however we have not been successful and the Corona pandemic has halted the search. We want to pull out of the deal and return the... View More
answered on Apr 15, 2020
If that is how your contract precisely reads, you should have the right and ability to cancel the transaction.
Also is it against the law to have the buyer payoff mortgage BPO Price ? And the excess proceeds be given to me by check from buyer ?
I'd like to have some money after being left homeless by Mortgage Company.
answered on Apr 14, 2020
A true short sale typically brings. Borrower to zero, with no money due and no money received.
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