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Chandler Arizona, Home purchase. After all inspections signed we find roof needs replacement not repair. Can we get relief?
Ellen's answer
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Answered on March 26, 2014
In most contracts, you have to do all of your inspections and estimates during the inspection period. Once you inspection period has ended and you...
Archived
Can I sue Bank of America?
Ellen's answer
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Answered on March 26, 2014
I strongly recommend that you speak to an Arizona real estate attorney as soon as possible who has experience with loan modifications. I am...
Archived
I am losing my AZ. primary residence since 2008 to Chase Bank in foreclosure. Can they claim a deficiency judgment?
Ellen's answer
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Answered on March 23, 2014
Short sales can be challenging for a variety of reasons. If Chase failed to properly review your offer, and failed to update their BPO, it is...
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I've lived with my brother for 2yrs and yesterday he tells me, investor took over house and I have to b out in 10days. What I do
Ellen's answer
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Answered on March 19, 2014
It is not clear from your situation if the foreclosure has taken place, or it if is about to take place in 10 days. Either way, if your brother is...
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I inherited my mother's house and found out the company and agent are a scam after signing contract to sell the house.
Ellen's answer
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Answered on March 19, 2014
I agree with the previous answers. If the individual represented herself to you as a real estate agent, but is does not have a real estate...
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Archived
Can a mortgage company come after me after they closed a loan account after my forclosure
Ellen's answer
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Answered on March 05, 2014
Under Arizona;s anti-deficiency law, if you purchase a home that is 2.5 acres or less, a single or two family dwelling that has been lived in by...
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Is it better to have an Attorney represent you in a 2nd Mortgage settlement?
Ellen's answer
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Answered on March 05, 2014
I do believe it is helpful to involve a real estate attorney. An attorney who is experienced in mortgage debt settlement will give you an...
Archived
Will the 2nd mortgage foreclose if both loans total around 90,000 and the home is only worth around 70,000
Ellen's answer
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Answered on March 05, 2014
She should meet with a bankruptcy attorney and with a real estate attorney who does loan modification work. The 2nd mortgage company might have...
Archived
I live in a home that is paid for,owe on another, can I walk away & keep my home.
Ellen's answer
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Answered on February 06, 2014
If the subject home is 2.5 acres or less, a single or two-family dwelling that has been lived in, legally you can stop making all of your payments,...
Archived
Should I settle or go BK on a HELOC of 40K I got 2 years before the market crashed? Defaulted Jan 2010.
Ellen's answer
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Answered on February 06, 2014
If you had 80/20 financing, then re-financed the 2nd loan and received $7,000 cash, your second loan is classified as a "re-financed purchase money...
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