Questions answered by Richard J. Brickwedde

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I was puchasing a house on a land contract in the contract it stated that they pay taxes now my house is up for forclosure

Richard's answer | Answered on October 16, 2013

You need to have the land contract reviewed by an attorney as quickly as possible to see what your rights are. I assume the property is up for a...

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What happens to the person who owns the mortgage when they are taken off the deed to the home?

Richard's answer | Answered on October 15, 2013

Sometimes a mortgage is silent on whether the property can be sold without the bank having the option of calling the mortgage due. In fact FHA,...

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I am doing a hard money loan secured by a first mtg on my home the lender wants me to sign a deed in lieu of foreclosure

Richard's answer | Answered on October 10, 2013

What state is the property in? No reputable lender not takes a deed in lieu of foreclosure as security in the State of New York.

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How do we determine the transfer tax rate on our house sale?

Richard's answer | Answered on October 10, 2013

It's $2.00 per $500.00 of value upstate. Don't know if the City of NY is different. If the house is selling for a large amount (I don't remember...

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Am I responsible for helping to fix up the yard or the out side of the house if my boyfriend decides to sell it?

Richard's answer | Answered on October 10, 2013

I need more facts. What is it he wants cleaned up? Are you agreeable to the sale? At the price he is proposing? The short answer is no you're...

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What is cost basis on parent's life estate deed? (Orig deed was joint/survr, 2 yrs later joint owner signed deed over to mom)

Richard's answer | Answered on October 07, 2013

I agree with the prior answer; however, when it comes to distribution of proceeds, you should receive a credit for the amounts you paid for taxes...

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My husband broke his arm severely at work and now can't work. And now we are being evicted is there anyway to delay process ?

Richard's answer | Answered on October 04, 2013

If your husband is still in the military, there may be special defenses available because of his military status.

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Can a partition waiver be added to an existing deed?

Richard's answer | Answered on September 30, 2013

WE need more facts to be able to answer. Do you mean a provision that the property cannot be subdivided? or that one person can't sue to force...

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Can i quit claim may part in our home to my mom if cshe is not in nys

Richard's answer | Answered on September 27, 2013

Your Mother need not be a grantor on any quit claim deed from you to her even if she is part owner now; however there are certain tax related...

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Can I still own the house if go through proper channels?

Richard's answer | Answered on September 25, 2013

As the first lawyer stated, you would have no priority over anyone else. You could explore buying the house and giving your grandparent a life...

Richard J. Brickwedde's Answers (651)

I was puchasing a house on a land contract in the contract it stated that they pay taxes now my house is up for forclosure

What happens to the person who owns the mortgage when they are taken off the deed to the home?

I am doing a hard money loan secured by a first mtg on my home the lender wants me to sign a deed in lieu of foreclosure

How do we determine the transfer tax rate on our house sale?

Am I responsible for helping to fix up the yard or the out side of the house if my boyfriend decides to sell it?

What is cost basis on parent's life estate deed? (Orig deed was joint/survr, 2 yrs later joint owner signed deed over to mom)

My husband broke his arm severely at work and now can't work. And now we are being evicted is there anyway to delay process ?

Can a partition waiver be added to an existing deed?

Can i quit claim may part in our home to my mom if cshe is not in nys

Can I still own the house if go through proper channels?