Archived
I'm looking for a lawyer & (title co) in MD to help me close on a property subject to existing financing.
Michael's answer
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Answered on October 04, 2016
These sort of transactions require special handling, but can be very useful if done right. I handle this sort of transaction all the time. Please...
Can a life tenant sell their property without the remainder man signing off on it too?
Michael's answer
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Answered on September 14, 2016
To expand a bit on Brian's answer, the owner of an interest in real property can only sell what they own. Thus, if the life estate holder only has...
Archived
Buying Vacant Land - How to mitigate "hidden" issues.
Michael's answer
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Answered on September 13, 2016
Unless you are willing to take a great deal of risk, you should perform a title search on each property that you are considering acquiring. Unless...
Archived
How to get missing item back during the inspection?
Michael's answer
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Answered on August 19, 2016
The seller's agent will not talk to you because of the professional rules she operates under. If you are represented by another agent, she can...
Archived
What are my rights in trying to recover property as per stated in a will?
Michael's answer
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Answered on August 03, 2016
The terms of the will, and the deed granting title to the college will have to be reviewed carefully in order to determine whether the college is...
How can I sell my house to my daughter
Michael's answer
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Answered on July 03, 2016
There are several ways in which you can make the sale. They generally involve your daughter making periodic payments to you until she can improve...
If the mortgage lender makes a mistake on the Closing Disclosure, can they force me to pay more months after closing?
Michael's answer
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Answered on June 27, 2016
Please read your closing and loan documents. They may say that all numbers are subject to audit and review and that you can be charged for missed...
Archived
How can i find out if a piece of real estate has been abandoned?
Michael's answer
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Answered on June 07, 2016
You would have to do a complete title search to discover all of the people who have ownership interest in the property. The property does not...
Archived
How much back fees and penalty do landlord and shop owners have to pay? will I be liable for any unpaid penalties after transfer
Michael's answer
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Answered on April 18, 2016
You will not be responsible for the seller's failures. However, if you want to keep both tenants after the settlement, you will have to be sure...
Archived
What does the "exception" mean RE: Personal Rep who has been appointed to settle the estate transferring title & giving Deed?
Michael's answer
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Answered on March 20, 2016
You are right in your analysis. The MAR contract, as are ALL of the Board of Realtors contracts are biased in favor of the seller. There are...
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