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I was served with a foreclosure notice on my mortgage. At the same time the bank served my cousin is not on the mrgt.
Lee's answer
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Answered on June 26, 2012
In order for a foreclosing party to cut off everyone's interest in the property, they must serve everyone who may have an interest. The question...
Archived
`have six months to get my ex off of morgage. have redone loan just in my name and now he will not sign quick claim
Lee's answer
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Answered on June 25, 2012
You would need to go back to divorce court and have him held in civil contempt for violating the court's order. This is something you should...
Archived
Married. House in both names mortgage based on spouse income only. Want my name off, options besides refi or selling?
Lee's answer
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Answered on June 25, 2012
It really depends upon the loan documents themselves. If it allows for a debt assumption, he should apply for the full assumption with the lender....
Archived
Is there a law about how long a buyer waits for a short sale property?
Lee's answer
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Answered on June 25, 2012
If you have a contract of sale, your attorney should have made sure the short sale addendum outlined how much time you needed to wait before...
Archived
Lost my business (property, building and contents) due to foreclosure. Can I claim a loss to offset the "income" of FC?
Lee's answer
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Answered on June 25, 2012
This question would be better directed towards an accountant, not an attorney, After all, they are the licensed tax experts. Good luck.
Can a deed be changed so the only people who can inherit and/or own the property are direct blood relatives?
Lee's answer
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Answered on June 25, 2012
If you are concerned about the disposition of the property after your death, you are best served by drafting a will that states your objectives. ...
Archived
Should I Sign This?
Lee's answer
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Answered on June 25, 2012
I would certainly have a local attorney review the docs. It seems suspicious to me as well. Good luck.
Archived
Underwater mortgage in New York and new mortgage bailout plan with the 5 major banks
Lee's answer
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Answered on June 19, 2012
As HSBC is a foreign bank and did not accept the TARP bailout funds, they do not participate in any of the federal modification programs. Still,...
Archived
If my daughter is in foreclosure, I purchased used auto for her (2011) is that subject to being taken because of the lien?
Lee's answer
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Answered on June 19, 2012
The lien on the car is not the same lien as is on the home. Unless the car was used as additional collateral for the home loan (Ive never seen it,...
Archived
If my husband and I are legally separated, am I still financial liable for a pending foreclosure of a rental property he owns?
Lee's answer
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Answered on June 19, 2012
If you signed the note to obtain the loan, you are still liable. Unless and until you absolve yourself of the property through the divorce court...