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My ex didnt cooperate with the short sale as agreed in our divorce decree and I cant afford to pay for the house, need advice.
Sarah's answer
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Answered on December 18, 2013
If it is in the divorce decree and settlement that you cooperate with the short sale then you should do that, but in most short sales since there...
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I understand it is unlikely that my heloc will foreclose. I owe $465K on the first and $86K on the heloc. The condo is
Sarah's answer
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Answered on November 17, 2013
The HELOC since it is a secured loan on the property cannot sue you until the house forecloses. If the HELOC forecloses on the property then under...
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Archived
I will be receiving a 1099C this year for a short sale. What is the amount in Box 2
Sarah's answer
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Answered on November 17, 2013
The 1099-C will also contain the market value of the home and the forgiven amount is the difference between what you owed (including late fees,...
Archived
Can I be held rent responsible even if my lease is up because i did not sign a 30 day notice?
Sarah's answer
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Answered on November 17, 2013
You need to review your lease carefully with regard to termination or renewal and look for any notice requirements with regard to termination of...
Archived
Prefer direct buyer over the real estate agent legal?
Sarah's answer
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Answered on November 17, 2013
I understand about wanting to save on not paying commissions but those commissions are paid to agents for good reason, there are hundreds of pages...
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.My seller said no to disclose negative thing..I withdrew from being his agent. not
part of this transaction; I liable?
Sarah's answer
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Answered on November 15, 2013
Agreed it sounds as if you made your recommendation in writing to the buyers agent so the buyer cannot claim they had no knowlege and can now do...
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I want to add my spouse's name to a property that I own solely and got a reverse mortgage before our marriage. Can I? How?
Sarah's answer
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Answered on November 14, 2013
Estate planning by way of adding a spouse onto a deed is not the best route to take and can have a series of bad and unintended consequences. You...
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Would a judge in MDade county have jurisdiction to force a short sale on a property owned by two people?
Sarah's answer
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Answered on November 14, 2013
The other attorney is correct in that a Judge will not force the other owner to short sale the property unless it was part of a divorce settlement...
Archived
My former boss bounced multiple pay checks. Can I be reimbursed plus costs and damage to credit?
Sarah's answer
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Answered on November 13, 2013
It depends on the wage and hour laws in your state but most likely he can be held responsible. You need to seek out an employment law attorney or...
Archived
Can a lender foreclose my home when I am in the middle of a loan modification or short sale?
Sarah's answer
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Answered on November 13, 2013
This depends on your state law, for example in California under specific factors they cannot. You need to consult with a real estate attorney in...
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