Archived
When I got my Divorced in Florida my ex-wife got the house via a quick deed..Well now the house is in forclosure and the mortgag
Nicholas's answer
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Answered on May 10, 2012
The bank will not recognize a quit claim deed. The deed is binding only as between you and your wife, not bank. If you were on the mortgage and...
Archived
What is the difference between an underwater mortgage and mortgage modification?
Nicholas's answer
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Answered on April 05, 2012
While it is true that banks give priority to homeowners in default when considering applications for loan modifications, I do not **at all**...
Archived
Is a forclosure or short sale the best option for me on my rental property?
Nicholas's answer
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Answered on March 22, 2012
I agree that a short sale may not be the best option. Any amount forgiven on an investment property is indeed taxable income, and the bank will...
Archived
Deed in Lieu when two people in the mortage
Nicholas's answer
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Answered on March 11, 2012
I doubt the bank will agree to a deed-in-lieu unless both your mother and father are on board to do so. I also doubt the bank will agree to remove...
Archived
I received a foreclosure notice that my home will be sold in april but i am in a lawsuit about my home in flordia what can i do
Nicholas's answer
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Answered on March 11, 2012
Filing bankruptcy is one way to temporarily postpone the sale; however, there are other, and perhaps more appropriate mechanisms to do so. I do...
Archived
Due to being out of work my wife is six months behind in her mortgage. Suggestions
Nicholas's answer
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Answered on March 11, 2012
Whether or not the bank has commenced a foreclosure, you ought to contact the bank and inform them you want to apply for a loan modification. They...
Archived
Is this a slumlord
Nicholas's answer
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Answered on March 09, 2012
The easy solution is to move out. Is this a month-to-month tenancy? If you are not bound by a extended lease, you may as well move out. Go to...
Archived
Mortgage modification help
Nicholas's answer
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Answered on March 08, 2012
I agree with my colleague. I notice that the banks give priority to review mod applications for borrowers actually in foreclosure. That being...
Archived
Facing foreclosure
Nicholas's answer
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Answered on March 08, 2012
I respectfully disagree with my colleague, and those marking it as a good answer. If your ex is on the deed, she should be named as a defendant...
Archived
My Name is on my X Fiance' Property Deed
Nicholas's answer
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Answered on March 08, 2012
Whether or not you got married has nothing to do with whether or not your name should be on the deed. Did you contribute to the purchase of the...
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