We are thinking of foreclosing and need to know if we will have to pay back the bank?
Generally speaking, the lender will first apply this month’s payment first to the late charges from last month, and the balance is applied to your...
Sacramento, CA
Real estate Lawyer at Sacramento, CA
Practice Areas: Real Estate, Business
Generally speaking, the lender will first apply this month’s payment first to the late charges from last month, and the balance is applied to your...
The landlord is obligated to provide habitable premises, just as you are obligated to pay rent, up until the moment the foreclosure sale occurs. ...
There may be an argument under California case law that their misplaced confidence in the acts of a third party can be negligence, but it would be...
A simple answer- no, because a “short-sale” is based on an agreement with the lender to accept less than the full loan balance in full satisfaction...
Generally speaking, once the time provided in the 60 day notice has passed, they do not need to serve another one. The landlord can pursue an...
It sounds like you intend husband and wife to hold together 50%, and each of the other two to hold 25% each. An appropriate vesting for California...
In a short sale, you can have cancellation of debt income. When you borrowed the money you were not required to include the loan proceeds in income...
Unfortunately, if the lender claims you owe the increased amount monthly and you pay the old amount, the lender will automatically consider it a...
It sounds like you have an adjustable rate mortgage (“ARM”). If so, the terms of the note and deed of trust govern when, and by how much, the...
Generally, the tenant is obligated to pay rent according to the rental agreement. However, where the landlord has stopped paying the mortgage, he...