Archived
Do we need to pay a real estate attorney when we terminate his service after he handled the case ignoring our instructions?
Bari's answer
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Answered on October 14, 2015
The attorney did work on the file, and earned a fee. I think if you refused to pay, and you were sued ,you would not prevail. Until you sign the...
Archived
Do I pay my school taxes or leave that to the buyer since the house will be closed by the taxes due date?
Bari's answer
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Answered on September 21, 2015
If you are using an attorney you should discuss this with him/her. If the decision is made to pay the taxes, it may be best to go in person to the...
Archived
Contract closing date aug 25.my date sept 11.buyer changed last minute to another mtge co.my lawyer never called me.
Bari's answer
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Answered on September 21, 2015
You have not provided enough facts in order to receive a proper answer. Generally speaking a contract for the sale of a home contains a mortgage...
With an initial UCC1 filing, does the bank or debtor give the secured party a mortgage?
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Answered on September 20, 2015
A UCC-1 is filed by banks making loans on cooperative apartments. Owners of cooperative apartments own shares of stock in the cooperative...
Archived
If a couple is married,say 3yrs, and they buy a house in NJ but put husbands name does wife have any legal claims on that
Bari's answer
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Answered on August 27, 2015
Yes. In my experience in New Jersey if the person was married at the time of the purchase, even if only his name is on the promissory note with...
Archived
Have a Real Estate question
Bari's answer
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Answered on July 31, 2015
If a bank is involved in your acquisition of the condominium unit they will require you to maintain a particular insurance coverage. A condominium...
Archived
How do I add a person to a deed / property that I own in Georgia?
Bari's answer
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Answered on July 13, 2015
You did not say if the Quit Claim deed was recorded. If it was not, and you still have it, you can simply tear it up. If it was recorded, you...
Va loan with just his name but both on deed. if he divorces me can he make me leave?
Bari's answer
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Answered on July 06, 2015
What he must mean is that his name is the only one on the promissory note to the bank, and that the loan was granted on his credit and income...
Archived
Extra tax fee for selling inherited property?
Bari's answer
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Answered on June 30, 2015
My colleague's answer is accurate. It is not an estate tax, but an tax levied by NYS on property transfers. The Seller is usually responsible for...
Archived
Paid downpayment, seller wasn't able to close. What now?
Bari's answer
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Answered on June 08, 2015
I do not think a time of the essence letter will be helpful. This is sent to force the Seller to close on a date certain. You said you longer...
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