I was approved and entered into a Hamp Streamline Modification in June 2016. In December 2016 I received a letter from my mortgage company stating that they made an error when approving my modification. They say that the error was approving modif...
I'm licensed in New York, so I can't speak to the issues as they relate to NV foreclosure practices. However, there are provisions in HAMP that allow the lenders to pull back their approval of a streamline mod under certain circumstances, and you have the right to find out exactly what they are and dispute them if they are incorrect. I suggest you contact a NV attorney well versed in both Foreclosure law and HAMP immediately. I wish you luck.See question
of which, the deed says the neighbors own but that they cannot prevent our egress and ingress. Over the years, they have always stopped our workmen from proceeding with emergency repairs (ex. Sewer work) we needed to do on our property because ou...
If the easement is in writing and is recorded as part of the deed, and has no express limitations regarding the ability of you or your agents (the workmen) from using the easement to do work on your property, they cannot prohibit their egress and ingress.See question
My relative and his fiancee are buying a house together and need an attorney to review their "Joint Tenants with Right of Survivorship" agreement. How much should it cost them to have an attorney review their agreement? An attorney just quoted the...
As my colleagues have stated, attorneys can't advertise prices or their services here, but the price and terms seem high if it's a purchase contract for residential real estate. Most residential deals are done on a flat fee basis, and include review and negotiation of the contract (which is typically prepared by the seller's atty), as well as ordering title, ordering and reviewing a survey, reviewing mortgage documents, and attending the closing. There are other services in some instances that may add cost, but these are the traditional services of a purchaser's attorney in residential real estate. If it's commercial real estate, it's typically done on an hourly basis and there are many other things to review, advise and consider. Shop around and get a real estate attorney who focuses on residential real estate, or one that otherwise does a lot of residential real estate.See question
I was in contract to purchase a 2 family house. Lender went past the time of essence and the deal fell through,and now they won't return my down payment
As many of my colleagues have stated, the time is of the essence clause is typically a clause in a purchase contract with the seller, however there are very few contracts that actually start with a time is of the essence clause. What did your contract state? Also, the lender isn't a party to your contract unless you are purchasing a property that a lender owns (An REO), and they are the seller. In that case, most REO contracts DO contain a time is of the essence clause. The first person to ask is your attorney who represented you in this transaction, assuming you had one. If not, I would strongly suggest you need to hire a real estate attorney.See question
Can I obtain a home equity line from a bank that is not the bank that my mortgage comes from?
Of course, although it's often a good place to start. Shop around.See question
I inherited a property with a mortgage tax liens and mechanic liens. I have been offered short sales by several people in realestate . Does the prospected buyer pay the liens . If I accept a short sale it's clear that I'm unable to pay off the debt .
Typically these liens and judgments are paid by the first mortgage lender . However during your negotiation you must make it clear that this is what you want the lender to do And depending on the investor there are rules that dictate what liens judgments or other costs the payoff lender will ultimately paySee question
I and my wife sold our farm to my son and his wife 25 years ago, in the contrct it was statted that the house that my wife and I live in was to be ours to live in till we die,now my son and his wife have divorced, and to settle the divorce my son ...
This certainly sounds like a life estate, and based on the deed anyone purchasing the property would have to buy subject to that life estate, or would have to pay you for the value of that estate. You need to find a real estate attorney and perhaps a trusts and estate attorney to help determine the present value. The court cannot order the sale without taking this into account.See question
I recently found out that I'm not the owner of this house due to the attorney's error in the wording of the irrevocable trust, which he amended.
It depends on what the trust itself says. Is there a life tenancy for the current occupant who is likely to be the grantor of the trust? are you the trustee or the grantor/trustor? Was it your house before it was placed into the trust?See question
mothers income of approximately $4000 per month , her home is in Life Estate since 1994 for 3 daughters.can she get medicaid.other assest cash $45,000, 2014 car, $3,000 annuities.
There are several options. However, prior to doing anything I strongly recommend you speak with an Elder Law Attorney that does a lot of medicaid work.See question
i am looking to buy a new house in new york
Yes. NY is an "attorney" state where attorneys draft review and approve real estate contracts. If you are getting a mortgage most lenders will require you to get a lawyer, and I highly recommend retaining a real estate lawyer or one who does a lot of freak estate. They will know how to get a deal done smoothly and will protect your legal rights. However , the first step is to find a house and you should go to a reputable realtor to help you in your search for your dream home. Realtors help tremendously in finding the right house, negotiating price and "pushing" the deal along.See question