Archived
Is deferred principal on a mortgage the same as a forbearance please answer asap thank u, charging no interest on money all due
Jacqueline's answer
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Answered on May 12, 2014
Depends on the terms. A forebearance is delayed payments however deferred in a modification is usually forgiven after 4 years
Archived
Can an ILLEGAL ALIEN protect his primary residence from debt collection.
Jacqueline's answer
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Answered on May 12, 2014
Foreign nationals are given loans and mortgages and hold loans all the time. Not sure what aspect about it you presume is illegal? Unless you are...
Archived
If my husband default on loan I didn't sign agreement if sued by bank , am I responsible for paying it back if he does not
Jacqueline's answer
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Answered on May 12, 2014
Unless you signed the Note as a co-borrower, then the bank can not go after you. You would not be responsible for the debt.
One spouse is being sued, what happens to the joint property?
Jacqueline's answer
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Answered on May 12, 2014
In short, NO! Whoever signed as borrower to promise payments on the debt is responsible. Not your wife if she did not sign as a co-borrower....
Archived
I have a question regarding the 10 inspection period. See Below
Jacqueline's answer
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Answered on May 12, 2014
Depending on what type of contract you are using (FAR or FARBAR), the inspection clause requires the seller to keep utilities on in order to be...
Archived
Quit claim deed signed by ex husband
Jacqueline's answer
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Answered on May 11, 2014
It transfers title removing him however it does not change or alter any documents signed with the bank Whoever signed the note will continue to be...
Archived
I have been approved for a loan modification, and my ex husband signed a quit claim deed.
Jacqueline's answer
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Answered on May 11, 2014
If he did not sign the note then only you are liable for the debt. And if be already quit claimed it then the property is yours. Did you divorce...
Mortgage Company refuses to apply extra payment to Principal
Jacqueline's answer
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Answered on May 10, 2014
I urge you to speak to speak to an attorney to discuss your options. The first consult is free and can explore your options
Archived
I divorced 4 years ago and we agreed that my husband will be responsible for the home, now I want my home back.
Jacqueline's answer
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Answered on May 10, 2014
If you have a marital settlement agreement in place that discusses who will keep the home that needs to be honored. However he should refinance to...
Archived
Commercial real estate attorneys, where do I find them
Jacqueline's answer
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Answered on May 10, 2014
You've come to the right place on Avvo
Almost every real estate attorney handling residential handles commercial. Make sure you read the attorneys...