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My father died intestate in 1998, when I was 10. His estates being sued for property taxes from 1990-now. What are my options?
Erica's answer
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Answered on January 30, 2011
You need to hire an attorney who concentrates in this area of law to help you resolve your rights. It is unclear from your statement who is suing...
Can a bank rescind an agreement of sale after issuing a short sale acceptance letter, even though buyers fully met their oblig?
Erica's answer
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Answered on January 26, 2011
Essentially, there is nothing you can do. The "contract" for the approval of the short sale is between the sellers and their lenders. If the...
Archived
4 fam rental property mortgage/lien free, how long does it take to the close its sale if I am going to hold entire mortgage
Erica's answer
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Answered on January 23, 2011
Your question raises as many questions as it asks. The time frame for handling the kind of sale you suggest should only be a matter of days, you...
Archived
House Short Sale requirements and Obligations
Erica's answer
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Answered on January 22, 2011
You should look at your loan documentation. Did you agree that you would occupy the property within 60 days of the purchase? You may be...
Archived
We bought a house (short sale), can the title company modify the HUD-1 after closing?
Erica's answer
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Answered on January 22, 2011
The next time you try to contact the title company, tell them you believe that your not getting the HUD1 that you signed is a RESPA violation and...
Archived
Son is buying home w/girlfriend. Because of credit issues loan is in her name only. He will be paying 1/2 of mortgage.
Erica's answer
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Answered on January 19, 2011
They should get a lawyer to help them draft a partnership agreement that sets forth what will happen in the event that they break up. If he is not...
Are Quit claim deeds ever worded "without consideration" when no money is transfered and you are only removing co-owner?
Erica's answer
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Answered on January 17, 2011
Most deeds are recorded with a nominal consideration listed, whether or not it is a sale of the property or a convenience. For consideration you...
Archived
Property title changed by Deed in lieu of forclosure, I was sued to PAY for the forged illegal mortgage, is that permitted?
Erica's answer
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Answered on January 17, 2011
Your question is way too complicated for an attorney on this site to answer without the ability to look at documentation. Find an attorney in your...
Archived
Lease option in Illinois
Erica's answer
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Answered on January 08, 2011
You might want to assure against this problem by either have an third party independent take your rent payments and apply them to the mortgage or,...
Archived
I purchased a home in IL less than 2 months ago. within two weeks my main sewer line backed up with water into my basement.
Erica's answer
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Answered on January 08, 2011
Did you get an inspection of your home? See if the inspector did his job right. That may be your only recourse. After all it is only $3000 - the...
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