Questions answered by Peter John Wagner

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Removing mother from title and mortgage with bank of america

Peter's answer | Answered on November 11, 2013

Typically that type of transfer may invoke the "due on transfer" clause of your mortgage (if the lender finds out), which could require you to pay...

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Purchasing a home.

Peter's answer | Answered on November 09, 2013

Definitely "Legal" but I would suggest you run a title search and get title insurance to ensure that you will have sole legal title not subject to...

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In NYS is it allowed for the Seller's attorney to deal directly with the Buyer if the Buyer has formally waived this right?

Peter's answer | Answered on November 07, 2013

I find it strange that your lock in and mortgage are "lost" if you're not in contract by tomorrow. Never heard of a lock in expiring before you're...

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Medicaid Denial for Dad

Peter's answer | Answered on October 31, 2013

Did you explain all if this in cover letter? Did you have mon sign "spousal refusal " with divorce papers? Did you include deed to other house...

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Do I have any rights to a house if I am not on the deed but I am on the loan and have been making the payments all this time?

Peter's answer | Answered on October 31, 2013

So you're the co-signer? Who applied for the mortgage loan? Do you have proof of all of your payments? Did you ever have any written or...

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Singles that own their homes and need roommates to share expensive with, how do they do this legally.?Protect themselves.

Peter's answer | Answered on October 30, 2013

Based on my understanding of Brookhaven Code, they allow only up to 4 unrelated people to live in same home. You have to pay the rental fee and...

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Where can I get a copy of my settlement check?

Peter's answer | Answered on October 29, 2013

He should have a copy. Easiest thing to do is ask.

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I inherited my father's home, he gave his girlfriend a life estate. Can I take out a mortgage on the house without her consent.

Peter's answer | Answered on October 27, 2013

No, you must have her consent to mortgage the property and she will be required to sign the mortgage and the truth in lending disclosures as well...

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Renting with life estate- My brother has life estate,my sister and I are remaindermen on a house in New York State.

Peter's answer | Answered on October 27, 2013

No, he has the right of occupancy and use during his lifetime. He does not have to live there. He can collect rent and this is not considered...

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Can you quit claim deed a 3 person owned property as 50%, 25%, 25%?

Peter's answer | Answered on October 17, 2013

Yes, you can but an LLC might be a better idea and apportion the shares accordingly. However, if you are to refinance the home most lenders won't...

Peter John Wagner's Answers (44)

Removing mother from title and mortgage with bank of america

Purchasing a home.

In NYS is it allowed for the Seller's attorney to deal directly with the Buyer if the Buyer has formally waived this right?

Medicaid Denial for Dad

Do I have any rights to a house if I am not on the deed but I am on the loan and have been making the payments all this time?

Singles that own their homes and need roommates to share expensive with, how do they do this legally.?Protect themselves.

Where can I get a copy of my settlement check?

I inherited my father's home, he gave his girlfriend a life estate. Can I take out a mortgage on the house without her consent.

Renting with life estate- My brother has life estate,my sister and I are remaindermen on a house in New York State.

Can you quit claim deed a 3 person owned property as 50%, 25%, 25%?