Archived
Is it possible to assume another persons mortgage and take over the payments and have ownership of the home without having to
Michael's answer
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Answered on March 28, 2013
You can only assume a mortgage if the bank first agrees to the assumption.
You will have to make an application to the bank to assume the...
Archived
On Monday I signed a contract to lease a new 2013 Hyundai Sonata from a local dealer. The steering is wobbly and erratic.
Michael's answer
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Answered on March 28, 2013
Since this was posted in the real estate forum, I have changed the practice area to "Contracts" and "Consumer Rights" - so that attorney who...
Archived
I would like to know if I could buy real estates in the state of Maine and Massachusetts?
Michael's answer
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Answered on March 28, 2013
If you are a cash buyer, you are free to buy real property in the USA. However, if you require a mortgage to purchase the real property, you would...
Archived
What would happen if we stopped paying the property taxes going forward?
Would there be any adverse consequence?
Michael's answer
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Answered on March 28, 2013
I agree with Mr. Hoffman. The only thing that will happen is that the property will eventually be lost due to tax foreclosure sale.
Archived
Is it necessary for the seller of property to be present at the closing?
Michael's answer
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Answered on March 28, 2013
No - a seller does not have to be present for the closing so long as the seller has signed all of the documents necessary to transfer title ahead...
Archived
What is the best way to transfer a deed to family member?
Michael's answer
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Answered on March 28, 2013
What is the "best: method to accomplish a property transfer is dependent on the circumstances. A transfer requires only a deed and realty transfer...
Archived
Do I need to sign a release form my brother as well as his attorney to get my funds we agreed upon for a real estate transaction
Michael's answer
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Answered on March 28, 2013
You do not indicate if you have a problem with the way the escrow was handled, the proposed distribution or with the real estate transaction. ...
Selected as the best answer
Archived
LEASE TO BUY? What is customary? Commercial Real Estate for Retail
Michael's answer
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Answered on March 27, 2013
1. There is no "customary" arrangement for how much, if any, of the rent will be applied against the purchase price. I have seen everything from...
Archived
Can I sue if my realtor,attorney told me to move by my closing date & then the buyers loan was rescinded after I already moved?
Michael's answer
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Answered on March 27, 2013
I have handled well over 150 litigation matters involving residential real estate transactions.
You likely would not have a cause of action...
Archived
What does a court of law look at? the law or the intend behind the litigation? In a condo case where association is greedy
Michael's answer
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Answered on March 27, 2013
I am not sure what you are asking.
In a civil court, a judge decides the law and the jury decides the facts. When there is no jury the judge...
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