Archived
Can Mortgage Foreclosure Atty's really charge a fee (say $3000) to be pd over several months before a final mortgage agreement?
Diane's answer
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Answered on December 27, 2012
Be very careful when relying on promises by anyone, including a lawyer, regarding loan modifications. As Mr. Axinn suggested -...
Archived
My mother holds a second mortgage on the house she sold. A bank holds the first. What are her rights if the borrower don't pay
Diane's answer
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Answered on December 27, 2012
It depends on the mortgage and note. Your mother needs to talk to a competent real estate lawyer in the state where the property is located. Make...
Archived
My home in CA forclosed in Dec 2007. I had a second for 75k. Its been over 4 years. I thought SOL was 4 years in CA.
Diane's answer
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Answered on December 27, 2012
As part of your due diligence into this matter make sure to talk to a competent tax attorney or CPA who is familiar with the tax consequences of...
Archived
My house was damaged by hurricane Sandy and I'm afraid the insurance payment will be applied to arrears on my mortgage.
Diane's answer
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Answered on December 27, 2012
The mortgage company should have the same interests as you - repair the house. This is a common sense answer, but not all banks use common sense...
Archived
What documents are necessary to postpone foreclosure sale in California?
Diane's answer
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Answered on December 27, 2012
As Mr. Daymude states - you need to talk to the attorney who is representing you in the loan modification. If that lawyer cannot answer your very...
Archived
I live in CA but refinanced to buy a house in WA which was sold at a huge loss due to structural issues I could not afford tofix
Diane's answer
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Answered on December 27, 2012
You are confusing the Mortgage Forgiveness Tax Act of 2007 (which expires at the end of 2012) with the normal tax forgiveness issues of Section 108...
Archived
Our condo went to auction and the bank foreclosing on the property was the only bidder at what was owed.
Diane's answer
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Answered on December 27, 2012
It would be wise for you to meet with a competent CPA or tax attorney to determine your exposure. There may be something you can do to minimize...
Archived
I recorded my abstract of judgment 2 days ago. Judgment debtor has rental properties in foreclosure and 3 weeks from
Diane's answer
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Answered on December 21, 2012
You need to talk to a competent CA real estate attorney. See if you can find a specialist in your city. As was mentioned earlier, it is possible...
Archived
Need to find out on how to file a motion in order to collect money that is legally mine
Diane's answer
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Answered on December 21, 2012
You need to talk to an experienced real estate lawyer to determine your rights. Do this immediately.
Archived
Is it legal for me as a private lender to cooperate with HOA to get home buyer out of house
Diane's answer
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Answered on December 21, 2012
Since you have a lawyer you need to follow their advice. Make sure your lawyer is certain about the position of the HOA.
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