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The seller cannot unilaterally change the purchase price agreed to in writing by the parties. However, you still have to comply with the deadlines...

How long do I have before I have to move.

You may have as few as 3 days to vacate before the new owner files an action for unlawful detainer, which usually takes about 45 days.

Remove name on a joint tenancy

The transfer should be exempt from reassessment under the parent-child and husband-wife safe harbors of the California Tax and Revenue Code. Make...

Can owned occupied residential mortgages in Los Angeles (City) and Ventura County be crammed down even if there's equity?

So long as both properties have positive equity, the bankruptcy code will not permit a cramdown. However, the borrowers COULD file bankruptcy to...

If I file a chapter 13 bankruptcy by myself will my wife be affected?

California is a community property estate. If you are filing in Los Angeles, you will be required to disclose your wife's income and assets for...

The function of the interspousal deed is to clarify that the property remains entirely your sole and separate property, as opposed to community...

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I am a hard money lender for non resident occupied properties. Do I have to pay for forced placed insurance?

A deed of trust usually permits, but doesn't require, the lender (or beneficiary) to purchase insurance and charge the borrower.

Does an Agency agreement or Assignment (to MERS) cease when the Assignor (initial mortgage holder) ceases to be a legal entity?

California courts have consistently upheld the validity of MERS an its ability to assign deeds of trust as a mere nominee. This is not to say that...

What do i do my house was foreclose and sell on auction while am still on process for modification? I was send the RMA package

If you are facing an imminent trustee sale, consider filing bankruptcy, if only to stop the sale. Perhaps you and your daughter-in-law will be...

I am a mortgage broker that recently received a demand from a lender.

The prepayment penalty is designed to indemnify the lender in the event of an early payoff. I think the lender is overreaching and that the broker...