Questions answered by Geil S. Bilu

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What is the likelihood the bank doesn't respond & we are awarded the excess?

Geil's answer | Answered on June 16, 2015

The bank that foreclosed on you husband has no right to claim any surplus. If there was a second mortgage or any other junior lienholder, they had...

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Can my name be put on a deed to a house without being on the mortgage loan?

Geil's answer | Answered on June 15, 2015

Yes. Your boyfriend can add your name to the property with a quitclaim deed. Technically it could be considered a violation of the mortgage, but...

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Hi, Is it a breach of contract to be offered specific terms , submit monies under the terms, then have the terms changed?

Geil's answer | Answered on June 15, 2015

It sounds like the terms that were not explained clearly to you over the phone. The final modification that the bank sent you will likely not be...

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Do I have a lawsuit

Geil's answer | Answered on June 15, 2015

There are a lot of facts that would need to be uncovered before your parents could find out if they have a potential claim against someone. It...

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Define fraud.

Geil's answer | Answered on June 15, 2015

There is really no good way to answer your question without more specific facts. It sounds like a constructive trust may have been established at...

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I am looking to lease a condo with the option to buy in West Palm Beach Fl. Is it possible to do.

Geil's answer | Answered on June 12, 2015

You need to be extremely careful entering into a transaction like this, especially if all or some of your lease payments will be applied to the...

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Can the owner of a life estate and the remainder sell their interests if the grantor did not grant the grantee the right to sell

Geil's answer | Answered on June 12, 2015

Unless there is some sort of restriction in the deed granting you the life estate, then their should not be a problem with you selling your...

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Foreclosure Certificate of Mailing/Notice of Action Issued... whats next?

Geil's answer | Answered on June 12, 2015

This is way too complicated to answer as a general question. You should have a local attorney review the case with you. It appears that there are...

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I am starting a real estate business, fix & flip, and I am purchasing from foreclosure. Do I need approval from the association?

Geil's answer | Answered on June 12, 2015

You don't need an approval from the association to purchase at a foreclosure auction. With that being said, there are a lot of things that you need...

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Our deed is in the name "Son, a married man, and H and W, husband and wife. H died, does his interest pass to W, his wife ?

Geil's answer | Answered on June 10, 2015

First off, please accept my condolences. When a married couple is listed as 'Husband and Wife" a Tenancy by the Entireties is created. So the...

Geil S. Bilu's Answers (289)

What is the likelihood the bank doesn't respond & we are awarded the excess?

Can my name be put on a deed to a house without being on the mortgage loan?

Hi, Is it a breach of contract to be offered specific terms , submit monies under the terms, then have the terms changed?

Do I have a lawsuit

Define fraud.

I am looking to lease a condo with the option to buy in West Palm Beach Fl. Is it possible to do.

Can the owner of a life estate and the remainder sell their interests if the grantor did not grant the grantee the right to sell

Foreclosure Certificate of Mailing/Notice of Action Issued... whats next?

I am starting a real estate business, fix & flip, and I am purchasing from foreclosure. Do I need approval from the association?

Our deed is in the name "Son, a married man, and H and W, husband and wife. H died, does his interest pass to W, his wife ?