| Subject | Date Asked | Expert |
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| Selling our mobile | 10/7/2008 | Michael McClure |
Q: We are having trouble selling our 2006 mobile home in Santa Rosa CA.(Leisure mobile home park) and ...
A: Real property and leased land are 1000% different! Of course a realtor will not tell you this, but ...
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| Re: builder/mortgage company | 10/4/2008 | Rick Stone, Broker/Owner, CRS, ABR, GRI |
Q: We bought our home in Sept of 2006 for $400,000. I think we only had some peace of mind for the ...
A: Because you have closed so long ago, I really can't help with your closing costs and problems with ...
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| Im buying a home | 10/4/2008 | Laurie Stephenson |
Q: Im buying a home and the process is taking forever. I need money to pay off bills because Im still ...
A: As I am a Realtor and not a lawyer I can only make a suggestion. All I can suggest is to call your ...
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| Closing? | 10/4/2008 | Jim Root |
Q: We closed our house today (10/03/08) and handed the keys to the buyers but were later notified that ...
A: Sorry for the delay in this response--I had a medical emergency last Thursday PM and just go out of ...
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| Buying a house | 10/2/2008 | Jessica Bryan |
Q: I am wanting to buy a house but have no idea where to start or how to go about it. I have been ...
A: This is the best and worst time to buy! Prices are low which makes it great! Loan rates are very ...
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| buy a house | 10/2/2008 | Jessica Bryan |
Q: Can a person qualify for a home loan with disability income and 18,000 down on 300,000 home?
A: It depends on how much your disability income is per month. Rule of thumb...a lender wants ...
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| space Rent for mobile home parks | 10/2/2008 | Michael McClure |
Q: Mr. McClure, My husband and I are considering selling our home and buying a mobile home, for cost ...
A: First, Swan has had "major" problems with a lender and dealership that had their park about half ...
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| improper transfer of property | 10/1/2008 | Rick Stone, Broker/Owner, CRS, ABR, GRI |
Q: My name is Nick Florez and I am seeking legal counsel in Cabo San Lucas to represent my mother, ...
A: Hmmm, if Ben does not want it, there must be a very good reason. Here is another here in town my ...
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| Quit claim deed | 10/1/2008 | Dick Dennis |
Q: In 1999 we recorded a quit claim deed for an acre of land which we had our house built on. This ...
A: The best I can understand your problem, Rene, I am afraid you are using the wrong term for the deed ...
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| selling a condo for less than what you owe | 10/1/2008 | Matt Heisler |
Q: My wife and I have an opportunity to build a home (we were given the land by my wife's family). The ...
A: I've sketched out the broad outlines of what you need to do. The specifics on what your asking ...
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| selling a condo for less than what you owe | 10/1/2008 | Matt Heisler |
Q: My wife and I have an opportunity to build a home (we were given the land by my wife's family). The ...
A: No, it shouldn't matter. But you should shop around, as the credit crisis has made rates vary ...
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| Purchase Agreement | 10/1/2008 | Jessica Bryan |
Q: When I signed my purchase agreement I was told I had to sign a promissory note and was told that I ...
A: The purchase agreement became a binding contract once all parties signed it and therefore, the terms ...
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| selling a condo for less than what you owe | 10/1/2008 | Matt Heisler |
Q: My wife and I have an opportunity to build a home (we were given the land by my wife's family). The ...
A: You have several options available to you. 1) You could try a short sale with the bank. A short ...
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| short sale | 9/30/2008 | Connie Wildasinn |
Q: We now find it necessary to sell our house and find a much cheaper apartment.We have a 1st and 2nd ...
A: You will need to contact your current mortgage holder on both your 1st and 2nd loan, you will need ...
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| Finance Contingency/Pre-settlement Occupancy Agreement | 9/30/2008 | Toni Yates |
Q: We entered into a Pre-settlement Occupancy Agreement wtih a $10k deposit and $2500/month rent ...
A: The correct answer may vary depending on what's in your contract and the laws in your jurisdiction ...
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| purchasing home | 9/30/2008 | Toni Yates |
Q: My wife and I are supposed to close on a house that we are purchasing tomorrow. The owner agreed to ...
A: Yikes! OK, here's the deal. DID THE OWNER AGREE TO FIX THE A/C IN WRITING? If so, he doesn't have a ...
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| buyouts | 9/29/2008 | Laurie Stephenson |
Q: I was recently affected by the flooding in cedar rapids, Iowa. My city is now talking about buyouts ...
A: Kristina, I'm so sorry for your circumstances! As I understand it, FEMA is helping out the disaster ...
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| NY Property Condition Disclosure | 9/29/2008 | Hans Weber, Licensed Broker Associate |
Q: I came across a very helpful answer you previously provided about the NY property disclosure form. ...
A: I think you are asking if the buyer can waive the $500 credit and require the seller to complete the ...
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| How to break a purchase agreement? | 9/29/2008 | Dick Dennis |
Q: We signed an agreement for buying a home in cincinnati.we got all the home inspection work done. Our ...
A: First thing you have to realize, Nishanteeka, is that first-time buyers seem to always feel they ...
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| USDA-RD Loan; sell? | 9/29/2008 | Jessica Bryan |
Q: In 2006 I built my first home in the city. The builder has a finance person who obtained my loan ...
A: It is always difficult to speak in general terms to a question of your sort. I don't know any of ...
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| Seller's Obligation | 9/29/2008 | Lisa Webber |
Q: Lisa, I read your profile on the website and hope that you can answer the following questions for ...
A: First of all I have to tell you that since I am not a real estate attorney, I am not allowed to give ...
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| buying property under ammended contract | 9/29/2008 | Matt Heisler |
Q: We want to buy a piece of property for which the seller is asking $255,00, but his terms sound ...
A: Tommy: Some quick thoughts. 1) The seller is offering to loan you the money, the same as a bank ...
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| covenants | 9/29/2008 | Todd C. Menard |
Q: I purchased a home in a subdivision that has an hoa. When I was looking at this house I informed the ...
A: In addition, each state has a governing agency that real estate sales requirements including notice ...
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| seller's obligation | 9/29/2008 | Rick Stone, Broker/Owner, CRS, ABR, GRI |
Q: Stone, I read your profile on the website and hope that you can answer the following questions for ...
A: It is unfortunate but I am not licensed in Maryland. Their Disclosure Law is quite different from ...
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| short sale - what is reported to IRS? | 9/28/2008 | Heather |
Q: I a unclear - do they issue report to the IRS for capital gain, or as miscellaneous income, which ...
A: so this is something that should be discussed with whoever does your taxes. Basically the way it ...
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| Foreclosure/Loan Modification | 9/28/2008 | Dick Dennis |
Q: Dennis..I live in California, I have a MTG with Nationstar. I am currently deliquent on my Aug 1st, ...
A: It sounds to me, Anne, like the reason why you have not received any late notice from your lender is ...
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| VA loan | 9/28/2008 | Matt Heisler |
Q: Ca I use my VA guarentee to get a loan as a single borrower if I am married. Does my wife's credit ...
A: Your VA status should enable special consideration on both factors. The VA loan program is designed ...
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| trading in 2 states | 9/28/2008 | Dick Dennis |
Q: We are interested in trading our property in New Hampshire with the owner of a property in Vermont. ...
A: If you don't already have a Realtor with whom you can work to accomplish your goal, Denise, I would ...
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| Leaking Stanley Martin Homes in Woodbridge, VA (Belmont Bay) | 9/27/2008 | Toni Yates |
Q: I am a Soldier in the Army and I will be deploying to Iraq in February. I bought a house in ...
A: I applaud you in being a man of action, particularly in light of your going overseas shortly. God ...
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| Propert Deed Form, and Language Therein | 9/27/2008 | Dick Dennis |
Q: My wife and I are deeding over a rental house to my daughter and her husband. The residence will be ...
A: Like I said, Tony, I didn't know your financial, or your plans for the future, but I would have told ...
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| Plumbing problems on new home purchase | 9/27/2008 | John McKenna, CMI |
Q: I recently bought a home on Sep 1st 2008, Luckily we had a month overlap on another home we had and ...
A: If an inspector reports the conditions that are present at the time of the inspection and what he ...
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| New home | 9/26/2008 | John McKenna, CMI |
Q: I just bought a house - new construction. I closed in mid july and moved in at the end of july 2008. ...
A: I recommend that you consult a qualified attorney ASASP. It sounds like you have a major issue and ...
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| Propert Deed Form, and Language Therein | 9/26/2008 | Dick Dennis |
Q: My wife and I are deeding over a rental house to my daughter and her husband. The residence will be ...
A: If you are choosing to deed over a 1031 exchange property to your daughter, be aware that you are ...
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| 2nd Mortgage | 9/25/2008 | Dick Dennis |
Q: I live in Florida and own a house which worth $270000. I have a 1st mortgage with $170000 and 2nd ...
A: With the new financing laws scheduled to take effect Oct. 1, Niloofar, it might be a very good idea ...
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| Buying A short Sale | 9/25/2008 | Heather |
Q: I make about 130,000 a year but I do have a NY state tax lien. My credit is not good but the income ...
A: A lease option land trust is when the seller agrees to accept a deposit and put the property in a ...
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| Buying is this environment | 9/24/2008 | Connie Wildasinn |
Q: I live in northern California and am just about ready to make an offer on a lakefront property in ...
A: You sound like you have a heart felt tug to this property! So good for you for having the cash, buy ...
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| How Do You Get A Staging Certification | 9/24/2008 | Tina M Kinney |
Q: My wife lives in Florida and she is extremely good decorating. She even had done some work ...
A: When I attended the staging conference last year, I learned that Florida and California were the ...
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| Buying A short Sale | 9/24/2008 | Susan Milner |
Q: I want to buy a house in Orlando Florida. I make about 130,000 a year but I do have a NY state tax ...
A: Hector, I don't think you can buy 'using your sister in law'. You need to get an approval yourself. ...
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| Buying A short Sale | 9/24/2008 | Sue Bernstein |
Q: I make about 130,000 a year but I do have a NY state tax lien. My credit is not good but the income ...
A: First thing you need to do is contact a lender and get pre-approved for a loan. The lender can tell ...
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| Buying A short Sale | 9/24/2008 | liznarr |
Q: I make about 130,000 a year but I do have a NY state tax lien. My credit is not good but the income ...
A: It sounds like you need to find a really good LENDER, in addition to a good Realtor. I’m not a ...
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