Archived
What would prevent a short sale pending approval from original mortgage holders should the current buyers rent while awaiting?
James's answer
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Answered on August 01, 2012
It is ok to rent BUT the escrow agreement and lease MUST be written by a real estate lawyer. It must say the seller has no right to the money...
Archived
I am in an interest only mortgage because of my Ex and now found out there is a judgement lien against him. Can I just walk away
James's answer
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Answered on August 01, 2012
Your ex-husband's lien prevents you from modifying the mortgage. If you walk away, your credit will be trashed for about 7 years.
Archived
Lease states 60 days written notice. Notice dated 4 days before it was hand delivered, date on notice only gives 46 days.
James's answer
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Answered on August 01, 2012
You signed a lease which says 60 days notice is needed. I assume you are talking about 60 day notice to terminate the lease. You have been...
I am a lifeguard full time for a swimming club. Am I entitled to overtime pay when I work more than 40 hours?
James's answer
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Answered on August 01, 2012
Here is the statute:
(c) Employes shall be paid for overtime not less than one and one-half times the employe's regular rate as prescribed in...
HOW DO I GET A COPY OF A LIFE ESTATE IN WHICH I HOLD A LIFE ESTATE ON A PROPERTY?
James's answer
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Answered on August 01, 2012
If not in the Register of Wills Office, go to the Recorder of Deeds and search your name.
Archived
We bought a home, have not been in a year, already and have had to replace allot of key departments is there anything we can do
James's answer
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Answered on August 01, 2012
Your question is not easy to answer. The answer boils down to three things: 1) what did the seller know, 2) what did the seller disclose and 3)...
Archived
Can a settlement agent legally draw up a real estate agreement of sale,
James's answer
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Answered on August 01, 2012
The preparation of real estate contracts is regulated by the state. You must have either a license to practice law or a license under the Real...
Archived
If a real estate licensee draws up a real estate agreement of sale and does not verify that the buyer has received-
James's answer
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Answered on August 01, 2012
Respectfully, I can not agree with the prior answer. Because the Sellers Disclosure Act specifically provides for what happens on failure to...
Archived
Can your bank foreclose on you, when we never missed a payment or tardy. they said they could because of a admin fee of $95.00
James's answer
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Answered on July 30, 2012
Technically, a bank can foreclose if your are $1 behind. I'd call the bank and work this out. You are fighting over a number you would burn with...
Archived
IS A SETTLEMENT AGENT RESPONSIBLE FOR VERIFYING THAT THE BUYER OF A HOME HAS RECEIVED A PROPERTY DISCLOSURE STATEMENT
James's answer
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Answered on July 28, 2012
The obligation to provide the seller's disclosure falls on the Seller. If a real estate sales licensee is involved, that person must also be sure...
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