When does my due diligence period begin on a short sale property that has two mortgages?

As other attorneys have indicated, this generally depends on the terms of your contract. For instance, many home sales in California are done on...

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Real Estate Question: Purchasing a Property Over Value

No. This does not appear to be a legal or appropriate transaction. In addition to tax and re-assessment issues, an immediate concern from your...

I own a free-standing NNN (KFC) in Mi. The tenant, a multi-franchisee owner is about to default. I would like to replace him.

You may be located in California, and that is probably why your question was posted to California though your question involves Michigan...

Business and Professions Code section 10130 declares it is unlawful for any person to engage in the business of a real estate broker without...

The lawsuit for subrogation may be brought in the name of either the subrogee insurance company (See United States v. Aetna Cas. & Surety Co....

In order to be valid, a notice of completion must be recorded within ten days of actual completion. (See Civ. Code, sec. 3093(a) and (e).) Actual...

What's the difference between a grant deed and a quit claim deed? When transferring interest to my wife, which deed to use?

A quit claim deed should be sufficient and appropriate for the reasons described by other contributors. But you have not indicated why you want...

The landlord gave me a 30 day notice on the 15th. I left after 15 days. Do I owe rent for the remaining 15 days (1st-15th)?

Generally, if you were given a 30 day notice on a month to month tenancy, you would owe for the 30 days. But there are some possible issues that...

I am a tenant and the house is being foreclosed. I just received a notice from the Sheriff I have until Thursday to move out

The good news for you is that, assuming you were a bona fide tenant under a month-to-month tenancy, you were entitled to a 90 day notice under the...

Can I make an offer on REO property listed as active while bank reviewing other offers on this property?

From a legal aspect, nothing prohibits you from making an offer at this time. The bank has apparently not accepted any other offer, and the bank...