If the transaction qualifies under California law to require a TDS, the requirement cannot be waived. A loan application generally does not require these documents. This does not sound like a legitimate request. You should consult with a California real estate attorney.
I'm a landlord for 1 unit in Hollywood, CA. My tenant is on a month to month lease which was originally a year lease that expired.. Although he pays his rent, I believe him to be irrational and very difficult to communicate with. He gives me a problem about everything. I have been unsuccessful... Read more »
More importantly, this sounds like a violation of a court order. If the broker was properly before the court and ordered to do something, failure to do it is contempt of court. You should consult an attorney regarding bringing the matter back before the judge.
There are two names on the deed as joint tenants in California. We were going to split proceeds 50/50, but now my partner is insisting he wants more of the money from the sale. We have no written agreement. The house is under contract and will close in ten days. What happens to the money if we can... Read more »
What the title and escrow company does is up to them, but if they receive conflicting escrow instructions from the two owners they may not be able to close the sale. If you cannot reach an agreement with the co-owner, the solution of last resort is a lawsuit for Partition, in which the court...Read more »
we bought the house during our marriage from my father. He had gifted both of us the allowable amount he could in order to get this house. I was not present on the date of our divorce so, the house was granted to her, which was fine since she has the kids. I don't know why the courts... Read more »
The Court cannot require the lender to remove you from the loan. You may have to seek an alternative -have her refinance the property would be best if she could qualify for the loan. Ultimately, you might need to ask the court to order the property sold and the loan paid off, otherwise you will...Read more »
both the buyer and the seller signed the counter offer. 3 days later, the buyer's agent sent a Cancellation of Contract, Release of Deposit and Joint Escrow Instructions. There is an escrow number, however, the instructions and deposit were never submitted to the escrow company. The... Read more »
Your question is incomplete- you state that the seller signed the counter - did they accept the counter, or just acknowledge receipt of it? Also, what is the difference between the "seller," and the "purchase agreement seller?"
Such a document can be recorded, but it may cause issues for the lender in the future if they want to conduct a foreclosure. However this should not be a concern to the owner, though; if they sell the property, the loan would be paid off. If the buyer assumes the old loan instead, however, their...Read more »
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