The terms of the short sale agreement usually specify that if any excess funds exist and there is a surplus of funds at the closing, the surplus...

How successful is a short payoff offer?

Most banks have a loan remediation department which handles short sales, modifications, and deed in lieu of foreclosure requests. Your attorney can...

Deed with a minor child

There is no law forbidding you from putting your minor child in title. However, you will have many problems as a result of this act. It is not...

In NYC, is your real estate attorney responsible for insuring the original deed is recorded to complete the transaction ?

As stated previously, there may have been a reason for using the builder's title company. You should discuss this with your attorney. It usually...

Is a judgement lien valid if filed after a property transfer, but before the transfer being being recorded?

Unfortunately, the deed should have been recorded ASAP to avoid these types of issues from rising.

Modification of second mortgage lien

In addition to what the other attorney mentioned above, you need speak to who ever handled your bankruptcy. If you discharged the second mortgage,...

Can someone who does not own a house transfer it?

Ownership of a property can only be conveyed by the owners in title or by parties granted authority pursuant to a Court order . The guardian would...

Lien on my house

If the lien was in the form of a judgment, the judgment is only valid for 10 years. After 10 years, the creditor has to renew the lien. If you are...

I am a seller. How can I pull out of a signed contract in new york

You need to speak to your attorney. Generally speaking, you can not break the contract unless there are specific clauses in the contract which...

Can a share holder of a co op attain a roommate without permission from the co op board?

Your answer is maybe. You need to see the house rules and by-laws for that co-op. Some buildings require board approval for anyone intending to ...