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If my mother had a reverse morgage on the property and she passed away ,and the reverse morgage company bought the property with
Carol's answer
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Answered on September 06, 2013
It depends on your status with regard to the property; i.e., if you were your mother's tenant and paid rent to her, then you may qualify for the...
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In Real Estate: What would a company need to lend money and receive a mortgage from another company?
Carol's answer
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Answered on September 06, 2013
Hire a good real property and transactional attorney to draft the proper paperwork, have them correctly executed and then get them recorded for...
Archived
In Real Estate: As a natural person (not a company), Do I need a license to loan a large sum of money to a company?
Carol's answer
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Answered on September 06, 2013
I am not aware of any restrictions that Florida regulations place on private lenders outside of state and federal usury laws (restricting the...
Archived
Once my father passes, how should I proceed to settle his "estate" when I have no funds to work with?
Carol's answer
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Answered on September 06, 2013
It would appear that the home is your father's homestead. Since that is the case, it will pass outside of probate as a matter of law. The other...
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Seller misrepresented home/condo insurance coverage. What is our recourse?
Carol's answer
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Answered on September 06, 2013
You should hire a real estate attorney to review the homeowner documents for the community. If the misrepresentation was put in writing, i.e., as...
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How do I protect what I have already paid in special assessment if the intended project is not effectively realized?
Carol's answer
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Answered on September 06, 2013
I agree with Attorney Ross. Additionally, where HOA fees are mandated, the HOA generally holds a lien against the homeowners for the payment of...
Archived
Is it legal for a real estate broker to charge a commission on a property bought for himself? no prior written contracts.
Carol's answer
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Answered on September 06, 2013
If you and the Realtor did not discuss and execute a legally-binding listing agreement which stipulates the length of the agreement and the...
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I am widow , I put my daughter. On my house deed , if I remarry and do not put spouse o. Deed if I die who will get the house
Carol's answer
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Answered on September 04, 2013
As Attorney Pippen states, Florida allows the surviving spouse rights to remain in the homestead as a life estate. If the home is not your...
Archived
My mother passed away in 2000. Estate never went through probate. To sell the house, how do we expedite probate? Who pays?
Carol's answer
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Answered on September 04, 2013
If the home was the only asset, even without probate, the creditors ability to intervene expired many years ago. The house passes outside of...
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Made complaint FREC that agent/title company released funds without release Or notifying Us of mediation??
Carol's answer
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Answered on September 04, 2013
I am not following what you are asking - please explain what you meant to say by "agent?title company must get release and notify of mediation but...