My dad agreed to the $26,000 someone offered him, inspection came back with deficiencies and my dad was told he needed to deduct $800. My dad doesn't want to sell now based on the $800 deduction, but the real estate agent told him he has to sell it or he will get sued. Is this true? My dad... Read more »
If the agreement was for $26,000 your father should receive the full $26,000 if he does not want to make any concessions. Generally the agreement with have a time period for the due diligence - inspections, etc. during that time if an issue is discovered, the buyer can chose to waive the deficiency...Read more »
Last Monday we bought a house in Rhode Island with a big fenced in yard for our dogs. As we were at the closing at the lawyers, the seller of the house told the next door neighbor that a portion (about 1/3) of our soon to be property actually belonged to her and was not part of his property at... Read more »
There are many components to this That need to be examined before I would be able to give you a correct answer. If during the transaction you purchased title insurance and the owner signed an Affidavit swearing that there are no known encroachments, boundary disputes, etc. you may...Read more »
You will need to provide notice to the tenant regarding the damage to the apartment/house with an itemization of the cost to repair and you can pursue those damages in a court action if they are in an amount to be worthwhile. I would also evaluate whether or not the former tenant has...Read more »
we were in a rollover accident on 2/19 (it is now 2/22). we are still awaiting the police report, and our vehicle was towed to our parking area (private off street parking with assigned spaces, of which we are only taking up our own space). the vehicle has considerable damage to it, but is not... Read more »
If it is not roadworthy, one could argue that it is "debris" or refuse." Probably best for you to get it to an auto body shop where they will be able to allow the insurance company to make their assessment and perform the necessary repairs, should that be the option you choose....Read more »
I informed my landlord 4 days ago that my heat was not working. Someone came out the next day (not a professional company just like a "handyman") and said he would be back the next day. I waited at home all day and he never came back. I informed my landlord again and she sent someone... Read more »
I have been renting in the home that I am currently in contract with to purchase, there are tenants there currently. Their initial lease expired and is basically a month to month tenant. How can I begin the process of providing them notice, that upon closing (Scheduled for End of July 2018,) they... Read more »
Negotiate that term with the seller. You will not be the owner until after the consummation of the sale. If the seller refuses to deliver unoccupied, you may well have to engage an attorney to assist you with the eviction.
If the value is such that it is not in your interest to consummate the deal, one of your options may be to cancel the sale. This will depend on the conditions you wrote in the P&S agreement. Consult with an attorney to evaluate your position.
His name was put on my birth cert. 2 yrs ago..My question is, can he sign the deed over to me without any taxes being owed on either end "his or mine" He payed 170000 and it's worth around 260000 on the market. I am on ssi with no other income..We live in R.I
My son doesn't have my last name because I never married his mom...I did pay child support when he was young and 2 yrs ago put my name on his birth certificate as his father..We live in R.I. Can I give a 1- time gift???? What should I do??? I don't want to put him on the deed as joint... Read more »
Speak to an attorney to discuss the impact of what you are considering. It may turn out that what you need is a will. There are tax implications you should consider as well. There are ways to achieve what you desire without having to give the house to him all at once.
The deed states tenancy in its entirety with both out names listed. When we divorced he was to remortgage within a year, that was 2008. He did not until 2016. Also he never pushed me to do a quit claim because he said he did not plan to marry again. I am not listed on the new mortgage only the deed.
behind on the mortgage, the original bebt was for 275.000, I just contacted the mortgage company to find out exactly how far they are behind, waiting for that amount. But gets better, my sister in law is a bit of a nut job, she's a cat hoarder, didn't realize just how bad but I'd... Read more »
Your boyfriend was very kind to guarantee your brother's mortgage. I am sorry your brother is ill. If he sells the property, your brother will be needing a new place to live. If he also owns the other lots you speak of, he can do with them as he wishes. I hope this doesn't strain your...Read more »
My mother and father in law had both passed away and no one has filed for executor of their estate. My sister in law is currently living in one of the apartments but her sister states that she is going to have her evicted. Can this be done?
Depending on whom are the heirs and what there rights are under the will, if any, and who will be the executor, or administrator, the answer may vary. Meet with a probate attorney in your area and discuss the details in private. If you are the executor, retain an attorney to assist you in...Read more »
She stated the papers would be emailed to me since I live in Florida and can not be at the closing and i would be signing over my rights to the house so she could sell it...She had stated shortly after his death there was no will and nothing was left to me so why would i need to do this? She has... Read more »
If your father died without a will, his wife and his children would divide his property among them according to the state's laws of succession. In my state, for example, the wife would take half and his children would split the other half. Thus, in order to sell the property, the wife would...Read more »
Grandfather passed away 6 months ago. He has 4 daughter's one is deceased. The older sister .She wants my other aunt and my mother to sign a waver to become power of attorney of his estate . Can they sign a paper that if they sign the wavier to give her power she still will have to have the... Read more »
2 separate families occupying 2 units (3 family home) holdovers from a foreclosure. Former owner moved out of 3rd unit and washed his hands of the property 2 years ago but told tenants as long as they paid the water bill they could stay. Tenants replaced the hot water heater last year and have... Read more »
If that is what the judge orders, that will be the order of the court. Of course, your attorney will have more specific instructions for you to ensure you don't get caught in some procedural trap for the unwary and untrained.
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