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We having been trying to buy a short sale for 6 months now. It has came down to the appraisal and our's came back 18 grand less
Carol's answer
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Answered on January 27, 2013
As mentioned by my colleague, in a short sale the lenders make all the rules. They are trying to get as much as they can to pay down the amount...
Archived
Can a quit claim deed be used if the buyer agrees? What other costs are associated to the seller under this circumstance?
Carol's answer
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Answered on January 27, 2013
The answer is technically "yes" - but, as the other attorneys have pointed out, it is a really bad idea. There is not enough information here...
Archived
Hello. self directed ira buys real estate but loses it for non payment of property taxes. value of ira is then zero.
Carol's answer
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Answered on January 27, 2013
This is more a tax question than real estate.
Archived
I gave a 3 day notice for non-payment of rent on the 2nd of Jan. On the 6th tenant gave me a small amount that she owed in Dec.
Carol's answer
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Answered on January 26, 2013
If the tenant gave you part of the rent due for January, then you cannot ding her for the entire month's rent. Right? If you do another 3-day, you...
Archived
I need to sell my house to move out of state to care for my 77 year old Mother.
Carol's answer
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Answered on January 26, 2013
All of your questions can best be answered by either going to the Florida SHIP website...
Archived
If a home is in a trust and is sold prior to the trustees death, where do the proceeds of the sale of the home go?
Carol's answer
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Answered on January 26, 2013
The POA has nothing to do with the trust unless they are also the trustee. The property will most likely remain in the trust, unless the trust is...
What is time frame for returning money out an escrow account that was being held for a commercial real estate held by attorney
Carol's answer
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Answered on January 26, 2013
That is the problem with not having a contract drafted by a real estate attorney. If your letter of intent did not clearly stipulate the terms for...
Archived
How can one find out who owns real property upon learning that there was a sale but that the evidence of same was unrecorded?
Carol's answer
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Answered on January 25, 2013
You can check with the County Appraiser's office, or the clerk of the court's site to check who has recorded title to the home. If you are a...
Archived
Me and my ex-wife own a FL home. My ex took out a HELOC with my permission but I did not co-sign the loan. Was that loan legal?
Carol's answer
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Answered on January 25, 2013
If you did not sign ANY of the paperwork for the HELOC, then Attorney Deason is correct and the loan is not legal. However, if you signed the...
Archived
If I had someone park their camper in my back yard in July. 2012, and they were supposed to be staying in it for a few months
Carol's answer
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Answered on January 25, 2013
What you are suggesting is called "conversion" and is not legal. As Attorney Deason mentions, you CAN go to court to get an order to have the...