Attempting to purchase foreclosed properties and need the real answer
Super-liens with priority get paid first, the foreclosed mortgage then gets paid and anything subordinate gets paid in priority order and whoever is properly served gets cut off in the foreclosure.See question
I was willed a home with my sister a few years back. I had to use an affidavit of heirship to get the title fixed, but one of the people on the title (a third person who was an heir) passed and their heirs have never lived here nor helped with an...
From what you stated it appears that the third group of heirs have a vested ownership interest that is vested and it would require their joint co-operation to remove them from title, noting that they do not have to co-operate. The other option is to bring a partition action but when the house gets sold they will get their 1/3 share less possibly a 1/3 of what was expended towards the house which may be offset by 2/3 of the fair rental value of the premises.See question
My husband and I purchased our home over 20 yrs ago and a few yrs ago we did a refi and lender said we could get a better interest rate if I signed a quit claim and the new loan was put in my husbands name only. They said It really wasn't a big de...
At least in NY it's "no big deal", as your Lender flippantly characterized it, to be placed back on the deed, provided that your husband co-operates in doing so, and if he chooses not to so co-operate in doing so then it's a "big deal".See question
My mother and I co-own real estate and I want to know if she can put someone else on the deed to the property without me knowing.
Answering from a New York perspective, yes she can.See question
he had the house in a will in 2009, but in 2011 he sold it to me with a quit claim deed
If you have title to this real estate then his will has no effect as to such property because he no longer owns it.See question
I want to add my daughter to my house deed to protect my home from Medicaid Estate Recovery (Life Estate)
No, you are not required to have an attorney represent you, but you had better be 100% certain that you know how to do it correctly yourself.See question
My uncle owns property with his son, my cousin. They were transferring ownership of the property by ways of a quit claim deed to me. Unfortunately, my uncle suddenly died two days as we were preparing to do this. Can my cousin and I still do the q...
Sure, but it will only cause the conveyance as to your cousin's interest in the real estate, and it will have no effect as to your deceased uncle's share.See question
I sold my house 2 years ago with title insurance. Now we are receiving a bill from HUD for $25000 because they were not paid off at the time we sold the house. This lien was documented in county clerks office. Are we responsible for this debt or i...
You no doubt signed a Note concurrent with your signing the Mortgage. The Note is your unconditional promise to pay the Note and the failure by the title agency to discover the Mortgage on record which secures the lien as against the property does not dispense with your obligation to pay the Note. On this point, haven't you, since you took out the loan for 25,000, been making monthly payments? And haven't you been receiving still the monthly coupons? You do not get rewarded because of the title agency's poor search results.See question
I bought my house on March 15th 2016. My house inspection was done February 12th 2016. Inspector noted the roof was good for another 10 years however I went to sell my house on March 2017 and the buyers inspector stated I need a new roof ASAP. He ...
You will really never know the answer to those questions unless and until you bring the lawsuit as against both of them.See question
My mother was the original owner of house and was the only person on the titles. Before she died she did a quit claim deed of her property to me but now I can't afford it. My brother wants the property but the house is still has a mortgage on it...
The conveyance of the real estate to your brother may can the mortgage to accelerate, whereby the Lender, when they get word of the conveyance, they could require payment in full. So you would need the Lender's approval, which is not likely forthcoming. Remember as well, the insurance policy in your name, upon transfer, will be unenforceable, so you leave your brother exposed if the insurance policy is not changed to his name as the named insured.See question