Archived
If a home has 2 owners owner 1 and then owner 2 and there is a lein placed against owner 2 can the lein holder take the home?
Michael's answer
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Answered on September 20, 2013
I agree with my colleagues. The creditor could take only the debtor's interest. However, the creditor could thereafter move for partition and sale...
Archived
Is it fraud if a Real Estate agent represented himself as being a Broker/owner of a Real Estate office, but he is not?
Michael's answer
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Answered on September 20, 2013
It is a violation of the NAR code of ethics for an agent to represent that he is a broker. Report him to the local real estate board.
Archived
Do I have to pay the bill of a home inspection when the sellers backed out?
Michael's answer
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Answered on September 20, 2013
If you ordered the inspection, then you are likely responsible for the cost of the inspection.
Archived
Is it possible after a loan assumption, modification with the present lender to immediately refinance with another
Michael's answer
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Answered on September 20, 2013
Unless your present mortgage provides for pre=payment penalties, there should be no reason why you cannot refinance.
Archived
I loaned my girlfriend at the time $2,225 for a security deposit for a house. We have since broken up, and she refuses to repay.
Michael's answer
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Answered on September 20, 2013
You will need to check with a local attorney to determine if your claim is now barred by the statute of limitations. It is my understanding that DE...
Archived
Is there any legal recourse for consumers when UW's don't meet time lines in order to close a deal on time?
Michael's answer
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Answered on September 20, 2013
Just about every commitment with a lender is subject to final approval by an underwriter, thus it is unlikely that you have claim against the...
Archived
HOW CAN I REMOVE MY EX GIRL FRIENDS MOTHER OUT OF MY HOUSE I PURCHASED WITH HER AS COSIGNER?
Michael's answer
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Answered on September 20, 2013
If your name is solely on the deed, you could either evict or file an action for ejectment. You will likely need to refinance to remove her name...
Archived
Can I get out of a signed house contract?
Michael's answer
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Answered on September 20, 2013
It depends on what the contract says. As a general rule, you can only cancel when certain events trigger the right to do so = such as the buyer did...
Archived
Former landlord suing under cancelled LLC entity... is this illegal?
Michael's answer
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Answered on September 20, 2013
As a general rule, an LLC that has been cancelled may not bring an action in a state court.
I am not a VA attorney, laws vary from state to...
Archived
I am buying a house from my friend/neighbor, without using a realtor. Is it necessary to have an attorney review the docs?
Michael's answer
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Answered on September 20, 2013
It is possibly the largest purchase you will ever make in your lifetime and you are wondering if you should have a professional help? It may not be...
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