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Questions Answered by Bahram Madaen
1 Answer | Asked in Identity Theft, Bankruptcy, Foreclosure and Probate for California on
Q: Grantor 1)RUFFIN, AUSTIN2)RUFFIN, PARIS M W3)WILLIAMS, PARIS MGrantee BANK OF AMER normal or i have a case?

I think stole property thats mine by heir. Although I haven't seen what's written inside these documents, I notice ReContrust Co. is an affiliate & i learned theyre notorious for scamming foreclosures. I need these documents examined for fraudulence. This leads me to a recent public... View More

Bahram Madaen
Bahram Madaen
answered on Aug 4, 2018

Send me a copy of the loan docs and the notices. I had almost exact issue with BoA couple years ago. The bank was really slow to respond and we had to bring a lawsuit. It took a year to get rid of the loans.

1 Answer | Asked in Real Estate Law and Tax Law for California on
Q: House in a Trust- 2 beneficiaries. 1 wants to buy 2's interest. Does Prop 13 parent to child transfer tax rate apply?

If beneficary 1 buys beneficiary 2's interest in the property, it would be removed from the Trust and put in Bene 1's name. The Settler (mom) has been dead less than 3 years. Or will the new market value set the tax rate?

Bahram Madaen
Bahram Madaen
answered on Aug 2, 2018

It depends on the term of the trust and the current trustee's power. if the trustee could amend the trust, he/or she might be able to do so without violating Prop 13. I recommend contacting an attorney to review the trust.

1 Answer | Asked in Real Estate Law for California on
Q: can this be done?

I jointly owned a property with my father. He then without my knowledge got a Judgement lien attached to the home. He has since passed but before he did he grant deeded the property to me. Can I still file an affidavit of death to remove his lien? Or did I get stuck with the lien when he gave... View More

Bahram Madaen
Bahram Madaen
answered on Jul 30, 2018

I need more facts about the judgment lien. Is the judgment lien against you, or it is against your dad's? if your dad brought a lawsuit and got a judgment against you then the executor of his estate has the right to pursue it. But, if there is a third party judgment against your dad, then you... View More

1 Answer | Asked in Real Estate Law for California on
Q: Buying and selling real estate

Selling and buying

My neighbor of 12 years whom I was also coworkers with sold his home. Nothing was said about selling it no signs in yard no realtors coming and going they pretty much left without telling anyone in the neighborhood they were selling they basically left in the middle of... View More

Bahram Madaen
Bahram Madaen
answered on Jul 30, 2018

It is actually very common for the homeowner to transfer the property to their LLC, Corp., or even the trust they created to protect against the creditor. So, yes, it is legal, and it is also very wise for many to create a living trust and l transfer the property especially to a living trust.... View More

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