Archived
If I co-own a house, but I am the only one on the mortgage, do I need the co-owner's signature to refinance the loan?
Bari's answer
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Answered on November 06, 2014
In New York the mortgage and deed have to match. Based on what you wrote I suspect that only your name is on the note, and both your name and your...
Archived
If someone owns a house, then later adds a co-owner, then sells the house - are proceeds always split evenly?
Bari's answer
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Answered on October 30, 2014
You could also speak with the other owner and see if you can reach an agreement between yourselves. If that is accomplished it is an easy fix. It...
Archived
How different is a short sale real estate purchase from a regular purchase?
Bari's answer
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Answered on October 21, 2014
A short sale purchase differs from an ordinary purchase in that the seller owes more the bank than the amount for which the home is sold. The...
Archived
E-contract lists my offer and a 1k deposit to be made to escrow agent. Should I have an attorney help me read contract?
Bari's answer
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Answered on October 20, 2014
In my experience with real estate in southern Florida the realtors prepared the contract, and the title company held the escrow and did the...
Archived
Can I sue someone for adding another owner to a property after land contract was signed?
Bari's answer
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Answered on October 17, 2014
Please provide more information. I do not understand what you are asking.
Archived
How to buy the administrative out of the house?
Bari's answer
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Answered on October 12, 2014
Through discussion with the administrator determine how much money s/he wants for his/her portion. If the price, and any other necessary terms...
Archived
1984 dad borrowed $170,000 @ 14% interest & secured it with a deed of trust to his house. He hasn't paid anything in 20 yrs.
Bari's answer
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Answered on October 03, 2014
The only additional comment I want to make here is to suggest that you order your own lien search before listing the home for sale. This way you...
Bought house with boyfriend. Splitting up. He refuses to sell. He tells me only way out is for me to refinance in his name.
Bari's answer
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Answered on September 24, 2014
Your former boyfriend's position does not make sense since down the road he can not sell the house without your consent at which time you can...
Archived
Divorced Aug12 NY . Exwife suppose to refinance, had exclusive use of home & collected rent. Has NOT paid mortgage in 2 yrs.
Bari's answer
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Answered on September 16, 2014
I agree that the house cannot be sold unless both parties on the deed agree. You state the mortgage has not been paid in 2 years. As an owner...
Archived
Can security deposit be used for rent arrears?
Bari's answer
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Answered on September 08, 2014
I agree with my colleague's that if the tenants in question are still in possession when you sell the building you are obligated to turn over the...
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