Archived
Who is considered the legal owner of a property: the person (s) whose name is on the deed OR with the mortgage company?
Sharonrose's answer
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Answered on October 20, 2014
If your mom quit claimed you and your brother her interest in the property using a quit claim deed, then those persons on the deed are the legal...
Archived
What's involved to remove someone from property deed
Sharonrose's answer
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Answered on October 20, 2014
I agree with my colleagues. If the manager is not willing to voluntarily quit claim their interest, then a quiet title action is the owner's...
Archived
House in escrow buyers last minute bank challenges
Sharonrose's answer
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Answered on October 20, 2014
I agree with Mr. Chen. Send a notice to perform and if the buyer fails to perform send a request to cancel the contract. Whether you have the...
Archived
How can I fight a contractors lein
Sharonrose's answer
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Answered on October 20, 2014
The contractor's claim for payment is against you as you retained the contractor. A licensed contractor will have mechanic's lien rights for work...
Archived
Purchased a home back in 98 with my parents. We refinanced the house in 08.
My father and I were removed from the loan.
Sharonrose's answer
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Answered on October 16, 2014
I agree that your parents can only bequest their own interest in the home. It is unclear whether this was a loan modification or a new mortgage. ...
Defective Substitution of Trustee in Violation of the Deed of Trust, Can sale be VOID?
Sharonrose's answer
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Answered on October 16, 2014
An attorney would need to review all of the relevant documents as there may be assignments or some other explanation for the way in which the...
Archived
My house is for sale. I am unsure how much I paid for it in 1991. If I just estimate the purchase price will the IRS confirm
Sharonrose's answer
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Answered on October 16, 2014
I agree with my colleague that this information regarding purchase price is probably available. If you cannot locate any paperwork as to the...
Archived
Mom made DPAw/real est. 4me. She holds deed for a RE loan now paid off,but has no photo ID for notary. How can she release?
Sharonrose's answer
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Answered on October 16, 2014
I am not familiary with MO law. However, your mother can probably obtain a photo Identification from the State of MO, following that state's...
Archived
Transfer of Property Ownership
Sharonrose's answer
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Answered on October 16, 2014
The transfer will likely trigger the due on sale clause. and accellerate the obligation to repay the lender the entire balance of the existing...
Archived
Can a person acquire legal rights to a house if his name is not on the title?
Sharonrose's answer
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Answered on October 12, 2014
I agree with Mr. Chen and I would add that the parents most probably have the right to evict a son who occupies their home. The parents should...
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