If I buy a property at an HOA foreclosure auction, what happens to the mortgage or other liens that were on the property?
William's answer
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Answered on August 06, 2015
Good for you, asking that question! I am working with someone right now who didn't - and he is going to pay a very high price. You MUST check...
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If I get the house in divorce settlement, how do I get his name off the tittle so his creditors do not try to put a lean on it?
William's answer
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Answered on August 05, 2015
I'm sorry but you are not going to like this answer: You can't get his name off of the mortgage. Lenders will not release anyone until a loan is...
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Do I have any recourse against my 55+ community forcing me to sell and move because my adult son cannot stay for few months.
William's answer
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Answered on August 05, 2015
Probably not. The rules in those 55+ communities are set forth in their docs and rules and regulations and you are stuck with them. If you truly...
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I saw some termites in my home under contract, I'm about to let the buyer know about it.
William's answer
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Answered on August 04, 2015
First, you are doing the right thing to tell the buyer about the termites. There is something in the law called "latent defects", things which are...
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How do I buy the house I live in after foreclosure but before officially on the market? The owner and heirs have all opted out.
William's answer
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Answered on August 03, 2015
First, you say you can't pay a lawyer and pay for the house. You also say you can pay off the entire amount owed to the bank.
Because of the...
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Rules of Mediation , ordered by Court, for a homestead foreclosure, in Orange County, FL
William's answer
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Answered on August 03, 2015
I've handled hundreds of foreclosure mediations (as the mediator). Only rarely does the lender appear in person. The lender (usually a servicer,...
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Can someone take out a lien on a house that they do not live in or own and have never been married to the person who owns it
William's answer
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Answered on August 03, 2015
The word "fraud" comes to mind. And the proper area for anyone contemplating this is criminal defense, not real estate. Don't even think about it!
What happens if a Second Mortgage forecloses on a home but also lists the First Mortgage as defendant?
William's answer
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Answered on August 03, 2015
I like all of the answers to this question so far, but there is one thought I have not seen presented. If the second mortgage holder alleges in...
Archived
Hi, I acquired a pre-foreclusure home from the prior owner via quit claim. Should I speak with the lender/servicer or not?
William's answer
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Answered on July 29, 2015
It's a dollars and cents question. Do you know how much is due to the holder of the mortgage (including past due interest, escrow payments and...
Archived
Condo Docs require 50% of Unit Owners to amend; our attorney is stating 50% of members in attendance can amend. Who is right?
William's answer
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Answered on July 29, 2015
You seem to be correct but - and please forgive me - because of long experience with non-lawyers misinterpreting documents, I don't think a real...
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