Archived
What should we do if our mortgage lender did not follow the exact terms specified in our final closing statement?
Chi's answer
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Answered on October 24, 2012
If you have the truth of lending disclosure statemetns supporting the agreement that $4,300 was to be reduced, you should send a demand letter to...
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Archived
Should I start legal action on listing to save the sale?
Chi's answer
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Answered on October 23, 2012
Without going through your purchase / sale agreement, we have no ways to assess what approach should be taken? Edward www.lawyer4property.com
Archived
Do I have a case where I am owed real estate commissions? I'm am a licensed real estate agent?
Chi's answer
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Answered on October 23, 2012
How much revenue was attributable to your efforts? A claim to the labor board is a quick resolution. Then, the question about whether you are an...
Archived
Self-dealing in real property transfer from a disqualfied person to private foundation.
Chi's answer
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Answered on October 23, 2012
I can see the benefit of lowering the proprty tax for the doner. Does the doner has full control of this private foundation? May the donor control...
Archived
My parents have an IRA that is mature. How can they loan/gift me money for property/real estate with minimum tax consequence's?
Chi's answer
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Answered on October 23, 2012
There will be gift tax consequence chargeable upon your parents. If they jointly give you more than $26,000 per year. The alternate is set up a...
Archived
I need a recommendation for a real estate and bankruptcy attorney. I am disabled and low income senior. I live in Oceanside,CA
Chi's answer
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Answered on October 23, 2012
Call your local Legal Aid. Edward www.lawyer4property.com
Can a California DRE licensed Real Estate Broker pay a Salesperson's entity (Corp) or must it be in the individual's name?
Chi's answer
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Answered on October 23, 2012
The Broker can pay to any entity as directed by the salespersons. However, the Broker must issue 1099 to the salespersons in the name style that...
Archived
If I file a motion to consolidate a UD with a wrongful foreclosure, will I still have to file an answer to the UD?
Chi's answer
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Answered on October 23, 2012
Yes, you must answer and prepare to fight the eviction first.. In general, the two courts will not consolidate these two actions. As between you...
Can I purchase a piece of residential real estate in California using a Straw man?
Chi's answer
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Answered on October 23, 2012
If you don't want exposure to your personal liability. Set up a LLC or corporation as your holding entity. I see too oftern the straw man will take...
Archived
What rights do I have against someone who is filing a frivolous lien?
Chi's answer
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Answered on October 23, 2012
Sit tight. And don't do nothing. After 20-days from the date of walk-out, the preliminary notice will be untimely, if one will be filed (assuming...
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