I have 2nd mtg @ 44k. Its a shortsale. 2nd wants 13k. 3k the 1st is paying. I need help is this legal?

It is legal, although maybe not moral. You might try going back and negotiating with them - and also asking the first if they will cover some or...

This is actually a question you should post for an Estate Planning or Elder Law attorney to answer. I, unfortunately, know a little about this,...

Once a short sale offer is accepted how do you make sure you are off the hook with BOTH banks on an 80/20 loan?

The only way to be SURE that you are not liable to either lender after a short sale is to have release language in the letter which accepts the...

Quit claim deed?

The advice you have gotten about having the property quit claimed into your husband's and your name. However, there are certain considerations you...

Eight years ago my girlfriend and I bought a house together. We both signed the mortgage. One year later I moved out and haven't

As long as there is a mortgage on the property, you will be obligated on it and any defaults will continue to affect your credit. As a co-owner...

"Eshewed" earnest money?

You should look at the contract. Most likely it says that if the buyer defaults, then the Seller must agree to release the earnest money. If no...

Real Estate question

When a foreclosure is filed, you will be named in the foreclosure, so that your interest in the property is wiped out. The foreclosure may show up...

Would I have the right as a half owner listed on the deed to take possession of the property and have locks changed.

Since your mother was listed as executor of the estate, she is entitled and obligated to preserve the assets of the estate. It sounds as if she is...

We bought a house,which happens to be sitting on two lots. The seller's house is being foreclosed on. What are our rights?

If the property is going to sheriff's sale in a couple of weeks, you should find legal counsel immediately. You probably have a cause of action...

Do kids from previous marriage have rights over a home purchased by my stepfather.

There are so many unanswered questions in your post, that it is difficult to give an answer. Was title in his name alone? Did he die with or...