| Subject | Date Asked | Expert |
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| medicaid and life estate | 12/3/2008 | Dick Dennis |
Q: my 87 year old mom deeded her home over to me and maintained a Le interest in it. she is now in a ...
A: Tom, it is obvious you know nothing about life estate. A life estate is retained usually by the ...
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| medicaid and life estate | 12/3/2008 | Dick Dennis |
Q: my 87 year old mom deeded her home over to me and maintained a Le interest in it. she is now in a ...
A: You may need to talk to an ESTATE attorney, Tom, to make sure THAT house will not be taken by ...
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| helping buyer purchase home | 12/3/2008 | Sue Bernstein |
Q: I'm a Realtor and met a possible buyer who lives in a home owned by his girlfriend's mom. He's ...
A: You need to have your clients meet with a lender to determine their qualification to purchase. I ...
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| Purchasing Late Tax Properties | 12/3/2008 | Dick Dennis |
Q: A man told me yesterday that one can go to a courthouse & purchase property which has unpaid ...
A: No, Mike, it's not that simple. I suppose there might be certain states in which the process of ...
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| can we still do something? | 12/3/2008 | Russel Ray |
Q: In August 2006 we purchased our first home. The inspector (recommended by our real estate agent) ...
A: Hey, Gertie. Here's the New Hampshire legal statutes for home inspectors: ...
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| Upon death | 12/2/2008 | Jim Root |
Q: My sister has just passed away and left my niece executor of the will. She has no one else's name ...
A: Ms. BORNER-- I'm sorry for your loss! Yes,your Niece needs to have an ATTORNEY assist her with her ...
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| can we still do something? | 12/2/2008 | Russel Ray |
Q: In August 2006 we purchased our first home. The inspector (recommended by our real estate agent) ...
A: Hey, Gertie. Before I answer your inquiry, please let me know what state you are in, what date the ...
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| Should I rent my condo and buy a house? | 12/2/2008 | Dick Dennis |
Q: I bought a condo for $174,000 and I've been living there for 4 years, I don't want to sell it ...
A: If you are comparatively young, Solinka, I would recommend you keep the condo and rent it out ...
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| Due-dilegence sewer/septic | 12/1/2008 | Todd C. Menard |
Q: What is the easiest way to determine if a property is on the public sewer system or a private septic ...
A: Good Morning David - Normally there is no fee as sewer/septic is pertinent information to the ...
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| Due-dilegence sewer/septic | 11/30/2008 | Todd C. Menard |
Q: What is the easiest way to determine if a property is on the public sewer system or a private septic ...
A: They will flush the dye in a toilet and check for the dye remnants in the sewer in front of the ...
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| realtor agreement | 11/29/2008 | Toni Yates |
Q: if i found a buyer for my condo and my broker did nothing to help me why and how or can i get out of ...
A: Let me start by saying that there are a lot of other services that a listing broker/agent provides ...
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| FSBO Return of Earnest Money | 11/28/2008 | liznarr |
Q: Our buyers backed out of a contract because they did had differences with the backyard neighbors. ...
A: When problems arise, your Contract of Sale is the first place you need to go to determine what ...
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| Homes and Termites | 11/27/2008 | Russel Ray |
Q: I just recently got to Hinesville, Ga and am looking to buy a house, the house I liked had been ...
A: Hey, Nelson. Get the documentation from the company that did the treatment. That should tell you ...
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| upside mortgage - way out | 11/26/2008 | Dick Dennis |
Q: we bought a condo at the wrong time and have an upsidedown mortgage we owe about 70,000. my ...
A: You were a little clearer, JAS, but still a bit confusing, like where you say, "I have a condo with ...
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| upside mortgage - way out | 11/25/2008 | Dick Dennis |
Q: we bought a condo at the wrong time and have an upsidedown mortgage we owe about 70,000. my ...
A: I'm sorry, Jas, but your question is not understandable the way you wrote it, especially the ...
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| forcing sale of home | 11/25/2008 | Jessica Bryan |
Q: My ex-fiance own a home together in Cortland,IL. We have been together for 10 years and have broken ...
A: The only thing that can be done is either one of you could buy the other one out--but if she doesn't ...
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| Buying a home from father in law | 11/24/2008 | Dick Dennis |
Q: My husband and I moved into his family home after we got married, we paid his father monthly for the ...
A: The least expensive way of conveying title is with a quit-claim deed. But you must be very careful ...
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| Purchasing a home in Business Name | 11/24/2008 | Dick Dennis |
Q: How can I buy a home in my business name? I have a software consulting company, personally I have ...
A: As long as you already have a C-corp, and it DOES have a credit history, then it might be possible ...
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| Purchasing a home in Business Name | 11/24/2008 | Dick Dennis |
Q: How can I buy a home in my business name? I have a software consulting company, personally I have ...
A: If you have the property already, Nikki, or expect to close on one soon, go ahead and take title in ...
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| Purchasing a home in Business Name | 11/23/2008 | Dick Dennis |
Q: How can I buy a home in my business name? I have a software consulting company, personally I have ...
A: It sounds like you really need a business attorney, Nikki. This person would suggest perhaps a ...
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| Buying a house in my corporation name | 11/23/2008 | liznarr |
Q: I have an S Corp. How do I purchase a house in my corporation name? I am considering having ...
A: Since a corporation is a legal entity, just as an individual is, your S corporation would have to ...
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| Home issue after buying | 11/22/2008 | Russel Ray |
Q: We just recently bought a home (in upstate NY) 4 months ago. The disclosure statement said there ...
A: Hey, Sean. Most states require a septic tank clearance when a house is sold. I can't believe New ...
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| delay in closing date by seller | 11/22/2008 | Rick Stone, Broker/Owner, CRS, ABR, GRI |
Q: I am buying a foreclosure in DC. My attorney just told me literally the date of the closing that ...
A: I'm sure your attorney has already answered this for you. As a Buyer, you have certain ...
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| Closing Paperwork | 11/20/2008 | Dick Dennis |
Q: My husband and I just purchased a home in NC and signed closing paperwork remotely since we couldn't ...
A: You say that "with all of our previous home purchases and sales throughout our lives," but you seem ...
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| selling | 11/19/2008 | Melinda Gossard |
Q: Here is the deal My fiance and I are splitting. We just bought a home about 4 months ago. Got the ...
A: Home sales are not soaring right now, and winter is never a hot time to sell. But you could be in a ...
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| Selling | 11/19/2008 | Jim Root |
Q: Here is the deal My fiance and I are splitting. We just bought a home about 4 months ago. Got the ...
A: TOM-- MANY "Full Service" Realty Companies charge between 5 and 7% as a Listing /Selling Fee! These ...
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| Selling a home | 11/19/2008 | Alisann Smookler |
Q: Here is the deal My fiance and I are splitting. We just bought a home about 4 months ago. Got the ...
A: sorry to hear about your break up. Buying a house 4 months ago, it is most likely you will not even ...
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| forclosure | 11/18/2008 | Lori Frankfort |
Q: if im in process of a divorce and my husband goes into forclosure for back taxes can the house still ...
A: It depends on how far along the process of foreclosure is. If it's being foreclosed by the IRS you ...
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| Default on a Closing | 11/18/2008 | Dick Dennis |
Q: I'm selling my mother's run-down house in Sumter, SC through an ERA Realtor. I live in ...
A: Your Realtor is a milquetoast, Lydia. It is so obvious that the Realtor is afraid of losing a ...
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| selling home | 11/17/2008 | Susan Milner |
Q: can my ex wife sell our home in Florida without my signature. I am on mortgage and deed. final ...
A: If your ex wife sells a house that you own together without your signature someone could get in ...
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| Land Contract and Warranty? | 11/17/2008 | Susan Milner |
Q: I am selling my home. I am using a simple land contract found online, and working with an ...
A: Nancy, For the few hundred dollars that a warranty costs I'd say do it. In a land contract deal you ...
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| Right to represnt | 11/17/2008 | Todd C. Menard |
Q: We bought our first house 7 years ago in a very different market. Our agent worked vary hard for ...
A: First of all, if you did not sign an 'Exclusive' buyer broker agreement with her to represent you on ...
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| selling | 11/17/2008 | Dick Dennis |
Q: I'm selling a home in Baltimore and my buyer signed the papers to buy my house. His bank postponed ...
A: What is your Realtor doing right now besides twiddling his/her thumbs? Your Realtor should be ...
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| selling | 11/17/2008 | Rick Stone, Broker/Owner, CRS, ABR, GRI |
Q: I'm selling a home in Baltimore and my buyer signed the papers to buy my house. His bank postponed ...
A: Al, If the Buyer had a financing contingency, that is he agrees to buy your house subject to his ...
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| selling | 11/17/2008 | Jay Denit |
Q: I'm selling a home and my buyer signed the papers to buy my house. His bank postponed it so my buyer ...
A: You would need to check your local laws or with your real estate agent. If your buyer met his ...
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| Termites not disclosed | 11/15/2008 | Russel Ray |
Q: I needed to know how long as a buyer that we can do anything of items not disclosed in the buy. I am ...
A: Hey, Jayson. Termites can do significant damage in a very short time. Unfortunately, I don't know ...
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| Buying my mothers house | 11/14/2008 | Dick Dennis |
Q: my husband and I are negotiating with my mother to buy here house. She still owes $60,000 on the ...
A: But you didn't say what actual value the property is, Yvonne. At $1,000 per month at 1% interest you ...
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| Buying my mothers house | 11/14/2008 | Dick Dennis |
Q: my husband and I are negotiating with my mother to buy here house. She still owes $60,000 on the ...
A: As long as you are getting "fee simple" title, Yvonne, you may do as you please with that property. ...
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| Title Deed | 11/14/2008 | Melinda Gossard |
Q: A friend at work is getting ready to purchase a home in PA with his girlfriend. (both young). Her ...
A: The couple needs to talk to a settlement attorney or title company. They will be using one or the ...
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| landlord access | 11/13/2008 | Sue Bernstein |
Q: The landlord has died, and my husband who is trustee of the estate has three rental properties that ...
A: If the tenants turn out to be uncooperative it may be necessary to terminate the occupancy. If ...
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