Archived
I entered into a land contract in 2008 for$60,000 we are able to refinance we asked for a payoff and it is now $79,000
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Answered on May 14, 2015
Advances under a mortgage or land contract are added to the balance and will normally have the contract rate of interest calculated on said...
Archived
Got an installment loan with loan me. they don't have a license with CA finance lenders. Is the loan valid?
David's answer
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Answered on May 13, 2015
First, be careful with licensing requirements. Your lender may have a federal exemption that allows them to operate in various states without a...
Archived
My daughter signed a lease for a college apartment. The management company did not sign. Is she liable if she does not move in?
David's answer
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Answered on March 26, 2015
In general most leases dealing with college housing hold all tenants liable for the entire rent even though each student / tenant agrees to split...
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What would be the statute of limitations to sue a guardian who lied about material info at a petition to sell real estate hearin
David's answer
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Answered on March 26, 2015
When real estate is sold, any delinquent property taxes and other liens on the property would have to be paid in order to provide marketable title...
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I bought a house on land contract the previous owner let the occupancy permit expired and repairs were never complete it expired
David's answer
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Answered on March 20, 2015
First, if your municipality requires an occupancy permit for new owners or even tenants, and the property does not have the permit, then the home...
I bought a used house, and I found in winter that the air ducts don't work. This was not disclosed. Can I sue for this?
David's answer
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Answered on March 17, 2015
In general, the Seller's Disclosure is required to be completed by seller and seller is required to disclose any known defects or issues listed on...
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Archived
What are the consequences for allowing a plot of land to go into foreclosure by not paying property taxes?
David's answer
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Answered on March 17, 2015
I agree with Mr. Darish and Mr. Alexander but, for your consideration, I would add that while a tax foreclosure may not show on your credit report,...
Do collection agencies ( Alliance One) negotiate a lesser amounts than owed ??
David's answer
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Answered on February 27, 2015
Generally, you can always propose to settle a debt for less than the stated balance. But collection agencies represent the creditor and are not a...
Archived
I rented a place and broke the lease. They rented place back out but I still got bill for remainder or lease. Do I owe all that?
David's answer
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Answered on February 12, 2015
I agree with Mr. Frederick's answer regarding the landlord's mitigation of damages by immediately renting out your former unit. You will need to...
Archived
If our apartment complex have a plumber and refused to call him out for an emergency should we have to pay for repair ????
David's answer
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Answered on February 12, 2015
Generally a lease will provide for what repairs are covered and the time frame in which a land lord should respond. From the facts that you...
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