Archived
Is it possible to assume another persons mortgage and take over the payments and have ownership of the home without having to
Vincent's answer
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Answered on March 28, 2013
It's possible but not common nowadays. Call the lender and ask. It can't hurt.
A rent to own contract contract was drawn up as a POA, When the POA expires does a new one need to be drawn up?
Vincent's answer
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Answered on March 25, 2013
It all depends on how the Power of Attorney reads. If it is a Limited Power of Attorney, in may be limited as to term and/or scope. If it is a...
Archived
Can I get him off the deed
Vincent's answer
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Answered on March 24, 2013
If you ex fails to agree to sign a deed then litigation is your only option, but that doesn't guarantee that you will get his interest in the house...
Archived
A realtor made an offer to buy my house. Don't I need a realtor too? How much should I pay one?
Vincent's answer
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Answered on March 24, 2013
You already have a purchaser so why would you pay a broker?
Archived
I have been in my home for 10 yr.
When it rains I get water in my basement on the side where my neighbors drain spouts are
Vincent's answer
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Answered on March 23, 2013
I answer generically, and in this respect, a homeowner is obligated to retain his or her own water. They are not permitted to drain their water...
Archived
If three people own a home (they are all on the title) and one of them dies does the home automatically go to the remaining two
Vincent's answer
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Answered on March 22, 2013
The way in which the deed reads will establish the answer.
Archived
Can one of the people holding joint ownership of a property sell the property or do they have to agree?
Vincent's answer
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Answered on March 22, 2013
Yes, one person holding joint ownership of a property can seel his or her share of the property, but you would be hard-pressed to find someone who...
Archived
What does " as is " purchase mean when results of inspection by buyer show appliances/ furnace don't work
Vincent's answer
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Answered on March 21, 2013
Succinctly, it means that you chose to buy a hounse that you now strongly regret.
Archived
I am purchasing a house on a short sale. The sellers cancelled their homeowner's insurance. Can they do that?
Vincent's answer
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Answered on March 21, 2013
Normally the hazard insurance policy is maintained in full force and effect by the Lender through the escrow account of the Borrower so as to...
Archived
In New York State county of Dutchess, can seller concession exceed listed price of home or does it have to below?
Vincent's answer
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Answered on March 21, 2013
A Sellers' Concession needs to stay within the parameters of lending guidelines, it has to be fully disclosed in the Contract and while it could...
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