Archived
When writting the lease agreement, should I put "housemate" & "cohabitation housemate" instead of tenant and landlord?
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Answered on January 01, 2012
The San Francisco Rent Control Ordinance makes the distinction between "tenants" and "lodgers" in deciding whether the occupants are entitled to...
Archived
Owner died with 3 tenants with lease(7 months left)
Kenny's answer
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Answered on January 01, 2012
I would certainly want to have an attorney review the will and find out fromt the probate court who has the power to act on behalf of the...
Archived
Real Estate Title issue
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Answered on January 01, 2012
In California, a deed is valid even if unrecorded as long as it was legally delivered.
For there to be a legal delivery, the granter, your...
Archived
The property I am leasing is currently a foreclosure. Do I have priority in making an offer over other potential buyers ?
Kenny's answer
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Answered on December 31, 2011
I agree with the answers above that you don't have any right of first refusal just because you're tenant and has a lease with the new owner unless...
Archived
2nd Mortgage wont approve short sale.
Kenny's answer
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Answered on December 31, 2011
You need a good short sale negotiator. I mean experienced one. That person may or may not have to be an attorney but someone who knows the short...
Bank approved short sale but Sellers will not disclose approval letter
Kenny's answer
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Answered on December 31, 2011
There is an implied covenant of good faith and fair dealing in every contract in California, real estate contracts included.
If the lender has...
Archived
Is a home remodel contract void in California if a specified material is unavailable and no acceptable relacement can be found
Kenny's answer
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Answered on December 23, 2011
For something like tiles, it may be hard to argue that it is impossible to perform the contract because equivalents are not available. Moreover, it...
Selected as the best answer
Archived
For mortgage modification,is it possible to show my savings(which covers 12 mortgage payments,& all the bills) as a income?
Kenny's answer
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Answered on December 23, 2011
Unless you have a spouse or a co-borrower who has a source of income, it is difficult to get a loan mod by showing that you have savings because...
Archived
Why do we have to go through 3 months trial period to remodify our mortgage?
Kenny's answer
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Answered on December 23, 2011
HAMP requires a trial period to make sure permanent loan mod will only be approved to borrowers who can demonstrate ability to pay. I guess the...
Archived
What do I do as a short sale buyer & the sellers do not vacate after change of ownership? How long does the process take in CA?
Kenny's answer
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Answered on December 22, 2011
This is a very interesting situation.
If you are thinking of unlawful detainer, you have to think about whether or not the sellers are the...
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