Is a real estate broker due a commission on Deed-in-lieu. Broker has exclusive right to sell but house went to foreclosure.
Richard's answer
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Answered on December 09, 2013
Under the facts you state, and since the broker knew of the short sale requirement, the broker would have been presenting the sale as a short sale....
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We signed a contract for a condo on 12/4 and gave a ck for $5000 as earnest money' can I block the check?
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Answered on December 07, 2013
A contract for condo purchase can be cancelled up to 72 hours after the disclosure documents are provided to you as the buyer. Stopping the check...
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I have a debt with the Condo Association and threaten to foreclosure how to stop this action?
Richard's answer
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Answered on December 04, 2013
You did not say why you let this fall behind. In any event, I have the same advice - pay it either in full or in installments.
I have...
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I recently bought an association foreclosure at an auction. They let me to believe that I was buying a bank foreclosure.
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Answered on December 03, 2013
I don't have a lot of good news for you. But there are questions to be asked, including whether the first lender has an active law suit for...
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Do all liens & judgements against my name an property have to be cleared for a loan mortgage modifiction to be approved.
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Answered on December 02, 2013
The law is that if the terms of your loan being modified are not be being changed as to a greater amount nor a higher interest rate, then the lien...
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My home is going up for a foreclosure auction January 13,2014. Will PMI + FHA take care of what I would owe post sale
Richard's answer
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Answered on November 30, 2013
The insurance from PMI is to cover the loss to the lender - not your obligation. So if the PMI company pays the lender $50,000 for example, the...
Can a lender accelerate a mortgage note twice?
Richard's answer
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Answered on November 30, 2013
Your story actually is a bit of a complicated set of facts that sift down to the matter proceeding in one of two directions. I will set them...
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B of A has taken me to court for a forclosure. My lawyer filed motions to dismiss but nothing ever came of it. Now what auction?
Richard's answer
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Answered on November 30, 2013
You can review the clerk's court docket, probably on line for the county in which the property is located. The court docket will give you at least...
Archived
My web designer threaten to use my idea to create his own business even though he signed an nda. Should I file an injunction?
Richard's answer
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Answered on November 28, 2013
Unfortunately, the purpose of an NDA if properly written, is two fold -
First it sets forth the rights and obligations of the parties regarding...
COMMERCIAL CONTRACTS - IN FLORIDA, HOW MANY WITNESSES DOES A COMMERCIAL CONTRACT NEED TO HAVE TO BE ENFORCEABLE?
Richard's answer
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Answered on November 28, 2013
You are asking two questions.
1. Commercial contracts for a lease of more than one year have to be signed by the party and two witnesses. There...
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