Questions answered by Gary Lane

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Can the 2nd come after me for a short sale 3 years later in the state of CA?

Gary's answer | Answered on July 25, 2012

If you settled in writing on 5k then that is forever binding. They cannot recover anything else from you.

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Need a good real estate lawyer that understands short sales and foreclosure laws in San Bernardino Riverside California area.

Gary's answer | Answered on May 29, 2012

We work short sales frequently, where that is what homeowner desires. We also help with foreclosures, as needed. You should contact our office at...

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I am upside down 35% in my house. I am paying my 1st and second to BofA. If I stop paying on the 2nd, what is my liability?

Gary's answer | Answered on May 29, 2012

The answer is not entirely easy and you would be best served visiting our law offices at 2911 s Bristol, Santa Ana, near South Coast Plaza. While...

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I am renting the basement in a home where the house was sold in foreclosure. I live there with another tenant and the owner.

Gary's answer | Answered on May 23, 2012

Filing for BK relieves you of the right to answer, due to the automatic stay imposed by the bk court. However, the others who did not file bk must...

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If a property receives no bids at a trustee's auction, is it possible for the owner being foreclosed on to retain ownership?

Gary's answer | Answered on May 22, 2012

If no one bids at a trustees sale, the property reverts back to the bank as owner, commonly referred to as real estate owned (REO).

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Should we retain a Foreclosure Litigation attorney before agreeing to Unemployment Mortgage Assistance?

Gary's answer | Answered on May 22, 2012

By all means, it is best to hire an attorney who is a specialist. Also, you should never pay anyone for a forensic loan audit. We provide them...

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The home I reside in was recently foreclosed upon. I reside there along with another tenant as well as the original owner.

Gary's answer | Answered on May 22, 2012

Absolute, absent fraud, there will be an automatic stay in effect upon the legal filing of a chapter 7. You must be sure to serve notice to all...

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I've owned 4 homes for over 6 years, and am short selling all of them

Gary's answer | Answered on May 22, 2012

If you own the homes as you say for over 6 years, the mere fact that you plan on short selling all of them, does not take away your right, in and...

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We have a lien on our property that is not ours.

Gary's answer | Answered on May 17, 2012

In California, we would file a quiet title action. Can it be done in AZ?

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How can I get my personal belongings back?

Gary's answer | Answered on May 17, 2012

By law you have a right to return to obtain your belongings. Failure to allow you in, clearly violates that statute. Writing that you have access...

Gary Lane's Answers (86)

Can the 2nd come after me for a short sale 3 years later in the state of CA?

Need a good real estate lawyer that understands short sales and foreclosure laws in San Bernardino Riverside California area.

I am upside down 35% in my house. I am paying my 1st and second to BofA. If I stop paying on the 2nd, what is my liability?

I am renting the basement in a home where the house was sold in foreclosure. I live there with another tenant and the owner.

If a property receives no bids at a trustee's auction, is it possible for the owner being foreclosed on to retain ownership?

Should we retain a Foreclosure Litigation attorney before agreeing to Unemployment Mortgage Assistance?

The home I reside in was recently foreclosed upon. I reside there along with another tenant as well as the original owner.

I've owned 4 homes for over 6 years, and am short selling all of them

We have a lien on our property that is not ours.

How can I get my personal belongings back?