| Subject | Date Asked |
|
| dishonest listing agent | 11/21/2009 |
Q: my husband %26 I were supposed to purchase a home in AZ on 11/13/09. This is (for now) an investment ...
A: This is where the property is still in the sellers "A" name, but they contracted with another party ...
|
| Short Sale Questions | 11/6/2009 |
Q: I am hoping you can help me with some questions. We are currently trying to sell our house and we ...
A: The first step is "do you qualify for a short sale"? To answer this I recommend going online to ...
|
| Liability to Seller | 10/7/2009 |
Q: Does anyone know if a home inspector has any liability to a seller when performing an inspection for ...
A: Jack - Got your message an ddid not anticipate the need to follow-up although I didn't want to leave ...
|
| Liability to Seller | 10/7/2009 |
Q: Does anyone know if a home inspector has any liability to a seller when performing an inspection for ...
A: all Home Inspectors must be licensed. Each state has specific laws that govern the area of expertise ...
|
| Selling & Buying In This Market (10/09) | 10/4/2009 |
Q: I think that this is a great market for buyers, which means not so great for sellers. I can afford ...
A: Lets first talk about the concept of investing. Buy Low, Sell _______, correct "high". But the this ...
|
| Lower appraisal | 9/27/2009 |
Q: I have a bid in for a house for $220k.I had a apparisal done and it came in at $220k My lender I am ...
A: As you have just experienced, in this market, appraisal standards, and HVCC, are causing significant ...
|
| Can the Dead own a home? | 9/20/2009 |
Q: Strange question, but true. My mother owns 2 properties in Pittsburgh, PA. 1)The residence she ...
A: Michael - I am so sorry for the delay, I was not electronically notified of your reply. This is ...
|
| Can the Dead own a home? | 9/20/2009 |
Q: Strange question, but true. My mother owns 2 properties in Pittsburgh, PA. 1)The residence she ...
A: Deeds are handled differently depending on whether PA is a "lien theory" or "title theory" state. In ...
|
| House | 9/18/2009 |
Q: Can you tell me everything about buying a house? How does it all works?
A: In this reply, lets consider the general process. If you desire more information with regard to a ...
|
| 2009 Housing Tax Credit | 9/11/2009 |
Q: I am hoping to get some help with a question about purchasing a house in 2009 and getting the $8000 ...
A: This is the date that is considered your settlement date AKA Closing date. If you have any other ...
|
| Joint tenancy | 8/31/2009 |
Q: We signed a contract (actually 2 contracts) on a piece of real estate in Chicago IL. There are ...
A: On the other hand, I have been in the situation where only one of the sellers signed the listing ...
|
| AS IS | 8/31/2009 |
Q: Is it a violation (legal or otherwise) for an agent to list a property and not have in the listing ...
A: The issue for the REALTOR is the National Association of REALTORS Code of Ethics. Article 12 ...
|
| "As Is" Listing | 8/30/2009 |
Q: Is it a violation (legal or otherwise) for an agent to list a property and not have in the listing ...
A: Basically the inspection period is your protection to investigate the property. Each contract states ...
|
| delemma | 8/29/2009 |
Q: My daughter and her husband found a house. Becuase they have 'contracted' with a agent (this agent ...
A: Contract law indicates that if they signed the contract they will be held to the contract, unless ...
|
| Transfer ownership of Real Estate to a sibling | 8/16/2009 |
Q: What is the best way to transfer ownership of some real estate (apt, condo) from one sister to ...
A: Any excrow company will complete the form for you, with your direction, and have the document ...
|
| First-Home Worries | 8/11/2009 |
Q: my husband and I just bought our first home in Florida. It was a foreclosure and got a great deal on ...
A: My recommendation is to immediately contact a real estate attorney. (1) There is a requirement for ...
|
| HOA Failure to disclose | 8/10/2009 |
Q: Just purchased a large custom bank-owned home in AZ. The sale closed June 30. We paid the HOA $75 ...
A: Of course, I would imagine your desire is to hold the appropriate party accountable for the costs ...
|
| Arizona nightmare | 8/7/2009 |
Q: I opened my mail a few days ago to find a notice from the Pima County tax 'police' that my house ...
A: You may find the issue is with the Pima County Assessor and not title. Then again, if it is an ...
|
| $8000 tax credit | 8/6/2009 |
Q: My wife and I were recently denied for a home loan. We are a bit disappointed because we really ...
A: *************************************************** Hector (UPDATE) - This is a revised answer to ...
|
| buying a house | 8/4/2009 |
Q: Todd, I am looking for some neutral advice about a home purchase my wife and I are attempting in ...
A: As a seller or a buyer the strength of your representation will determine your interpretation of the ...
|
| buying a house | 8/4/2009 |
Q: Todd, I am looking for some neutral advice about a home purchase my wife and I are attempting in ...
A: The median sales price has actually increased $20,000 in the last three months as reported by ...
|
| Q | 8/3/2009 |
Q: I never owned property before. I just have been using master card for over 15 years. I know I have ...
A: a financial planner or possibly even an attorney. Short of investigating these different areas of ...
|
| Earnest Money | 7/23/2009 |
Q: I recently put an offer in on a house that did not work out, now I am working with my realestate ...
A: Simply yes, if your offer was not accepted then the check should not have been deposited in escrow ...
|
| bidding on a home | 7/9/2009 |
Q: i bid on a house 11 months ago while it was listed with a realtor. Now it is for sale by owner, can ...
A: The answer to your question is 'Probably but it depends'. This depends not on you but the sellers ...
|
| selling and buying a home | 7/5/2009 |
Q: I own a home with a lot of equity...say it is worth 100,000 and I have 75,000 in equity. I plan to ...
A: the disclaimer! This question should be asked also of a financial planner, tax CPA, and possibly a ...
|
| Closing Delay By Purchaser...leading to Additional Seller Costs | 6/27/2009 |
Q: Todd: I have an issue and want to know if I have any recourse. My purchasers of my home were very ...
A: You are correct. First, you have the right to consider the terms under which you would be willing to ...
|
| title insurance | 6/25/2009 |
Q: I own a piece of property and I have a " policy of title insurance ". Should I get an abstract for ...
A: Margaret - I apologize for the delay. Discussion of title policy is considered practicing law and ...
|
| Seller can back out of contract with amendment? | 6/19/2009 |
Q: I am at 21 days of a 45 day escrow. I will need to issue an amendment to the original contract ...
A: modifications or alterations to the contract' rather than assignment since you are remaining on the ...
|
| selling to a family member | 6/18/2009 |
Q: I would like to sell my house to my brother. It's current value is approx. $450,000, but I would ...
A: The least expensive way is to use an Escrow/Title Company and tell the escrow officer your terms and ...
|
| Real Estate Ethics - Buyers | 6/17/2009 |
Q: Is it legal to represent more than one buyer (agent is not listing agent) and put in offers on the ...
A: com) does not reference this issue. Article 1 however does indicate that the REALTOR must always ...
|
| mineral lease bonus | 6/15/2009 |
Q: I closed on my home on 3/5/2007. In the contract, I leased the property to the previous owner until ...
A: and prior to, during or after you entered into contract and subsequently closed, the seller entered ...
|
| Buying a house with boyfriend, contract details? | 6/11/2009 |
Q: My boyfriend and I (and our son) are closing on a house in a month. We have asked our attorney to ...
A: When selecting an attorney it is imperative that they specialize in real estate. It is reasonable ...
|
| selling price | 5/14/2009 |
Q: We put our Ahwatukee home on the market April21 for 210k. It was worth maybe 225 2 months before ...
A: rather quite the contrary. The market could be interpreted as improving with the understanding the ...
|
| Changing Realtors | 5/14/2009 |
Q: My Realtor's contract expired at the end of April and I have been extremely unhappy with her. If I ...
A: R.S. 32-2151 must include a beginning date and an ending date as well as an amount of compensation ...
|
| Septic Tank Issue | 5/14/2009 |
Q: I purchased a previously owned home in Wayne Illinois with a septic tank about a year ago. recently ...
A: . maybe its just so you know its their property... maybe they want you to remove it... verify the ...
|
| Changing Realtors | 5/8/2009 |
Q: My Realtor's contract expired at the end of April and I have been extremely unhappy with her. If I ...
A: You would no longer be responsible under the terms of the contract. However, there is a term called ...
|
| home buying | 5/4/2009 |
Q: I entered a contract with a seller who is not the legal owner on record. I found this out the day ...
A: First, it could be no problem, second, it could be a major crisis. The first, it could be this was ...
|
| Compensation to buyer's agent | 5/1/2009 |
Q: I am looking to purchase my first home and have a few questions concerning my relationship with my ...
A: Answering this from another perspective... you could say that the listing agent charges a fee for ...
|
| Compensation to buyer's agent | 5/1/2009 |
Q: I am looking to purchase my first home and have a few questions concerning my relationship with my ...
A: In this case, buyer broker services should be paid by the buyer. When two brokerages that both ...
|
| Suggestions please? | 4/25/2009 |
Q: "Hello, I have lived in a home for 20 years, we refinanced a couple times. My brother and ...
A: First, contact the lender and tell the lender the situation and ask about your options. One option ...
|
| purchasing a tenant-occupied house in short sale- tenant refuses to vacate | 4/24/2009 |
Q: I made an offer on a home in short sale on January 18,2009. Settlement, after being stalled by the ...
A: There are a couple of issues. First, usually the new owner must honor any existing lease on the ...
|
| Breaking a lease | 3/23/2009 |
Q: I have heard that there is a law that states that you can break a lease in Florida if you are ...
A: I am not aware of any law stating this. The 'term' that would allow a tenant to 'break' a lease ...
|
| release of deposit money | 3/22/2009 |
Q: I am a Fl. resident with a signed sales contract for my home. This is a failed cash transaction ...
A: this language would indicate that the buyers failure to provide the funds along with failure to ...
|
| release of deposit money | 3/21/2009 |
Q: I am a Fl. resident with a signed sales contract for my home. This is a failed cash transaction ...
A: What does the contract say the terms of breach or failure to close are? Does this breach provide for ...
|
| Filing a Complaint | 3/20/2009 |
Q: My sister called a listing realtor to show us a home that we were interested in. My sister let the ...
A: There is more than one potential violation in your question. Article 16 "interfering with another ...
|
| getting my deposit back | 3/17/2009 |
Q: We put a deposit on a house but did the broker who was the owner of the house, could not get us ...
A: In Arizona there is a finance contingency built into the contract which in the event a buyer is ...
|
| adding name to home title | 3/16/2009 |
Q: I recently moved to AZ and bought a house. My wife had not relocated at the time so her name isn't ...
A: Contact the Escrow Agent at the title/escrow company you used to buy your home. Tell them the ...
|
| telling purchaser the appraised value | 3/15/2009 |
Q: My parents have decided to try and sell their home themselves. They got the appraisal and would ...
A: First, your parents are not obligated to disclose the appraisal exists or the appraised value unless ...
|
| Listing agreement | 2/26/2009 |
Q: We listed our home for sale on 8/29/08 with an agent who seemed very agreeable to handling our ...
A: First, you must determine if she is a member, and you can determine this by visiting Realtor.com. If ...
|
| loan officer uses her dad to steal 1/2 comission | 2/16/2009 |
Q: Sir, I need to ask a ethic question. A realestate agent used a new loan officer to complete a sale ...
A: This is a great question! It raises a number of issues... but let me answer the question, then I ...
|
| Disclosures | 1/31/2009 |
Q: I want to sell my house. However, it is "haunted." I've lived here for nearly 10 years and it hasn't ...
A: In AZ as a seller you DO NOT have to disclose violent crimes, AIDS, sex-offenders, etc as this ...
|
| contracts | 1/28/2009 |
Q: I wanted to buy a 1948 home but I did not want to buy it without a home inspection. The realtor ...
A: PERIOD. This is the key ingredient of a buyers opportunity, and due diligence, to ensure the ...
|
| Getting our money back out of escrow | 12/18/2008 |
Q: We are in Southern California and are trying to buy a home. We found a house we thought would work ...
A: There are so many issues here that this reply will be exceptionally long. Let me state two obvious ...
|
| Buying out ex's interest in marital property | 12/17/2008 |
Q: As part of divorce, (6/14/07) my ex was awarded physical residence of the marital property, and I ...
A: Good Morning Norman - Thank you for the follow-up. I am glad to learn that the 'original' judgement ...
|
| Buying out ex's interest in marital property | 12/17/2008 |
Q: As part of divorce, (6/14/07) my ex was awarded physical residence of the marital property, and I ...
A: Also, your possession concern is well warranted. If there are no additional requirements established ...
|
| Good time to buy | 12/15/2008 |
Q: .please help is it a good time to buy now or will it get better ?? I want to buy but I am hearing it ...
A: and whether the acquisition is for personal or investment reasons. Prices are low, this is true. ...
|
| turns out our inspection was not good | 12/14/2008 |
Q: We live in CA. Almost two years ago we bought a home that had some renovations done to it. We had ...
A: buyer diligence, building code, and home inspection. As a result there may be "potential" and ...
|
| Preventing neighbor's disclosure fraud | 12/5/2008 |
Q: Neighbor bought house 6 years ago. He was not properly informed about a creek running through his ...
A: .. the first is the right to install the sign and second, the potential for risk reduction by ...
|
| real estate | 12/4/2008 |
Q: I own a rental row house in baltimore md, do I have to buy hazard insurance for it?
A: Liability and hazard insurance is usually required on properties which have been financed as a ...
|
| Due-dilegence sewer/septic | 12/1/2008 |
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 ...
|
| Due-dilegence sewer/septic | 11/30/2008 |
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 ...
|
| Right to represnt | 11/17/2008 |
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 ...
|
| Giving a house as a gift | 11/11/2008 |
Q: What is the procedure if I want to give a house with a paid up mortgage to my grandson as a gift. ...
A: Good Morning Sid - I will anticipate 'paid up' mortgage means you own the property Free and Clear. ...
|
| Landlord being foreclosed REaltor Getting People Into The Property | 11/7/2008 |
Q: I had been renting a property in Orlando Florida. I was paying the rent on time every month. My ...
A: in the event that there is visible damage or act of waste the landlord may enter without notice. You ...
|
| Preventing neighbor's disclosure fraud | 10/11/2008 |
Q: Neighbor bought house 6 years ago. He was not properly informed about a creek running through his ...
A: seller disclosure is a mandatory requirement promoting the disclosure of known latent defects, ...
|
| HOA Disclosure | 10/8/2008 |
Q: My son bought a house in a HOA and he never received the Disclosure package. At the time of closing ...
A: he should seek legal counsel. Specifically from an attorney with HOA/real estate experience. ...
|
| covenants | 9/29/2008 |
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 ...
|
| realtor lied | 9/24/2008 |
Q: Our realtor told us we had reached a deal on our purchase. After asking for a copy of the contract ...
A: In general, you always want to get everything in writing. 'Normal procedure' is when the agreements ...
|
| house i bought | 9/11/2008 |
Q: I recently found out that the house i bought was sold to me on the terms that it was on sewer but i ...
A: There are multiple levels of repsonsibility in disclosure issues. First, were you represented by an ...
|
| Seller bought pre-construction | 9/5/2008 |
Q: My husband and I are U.S. citizens negotiating a contract on a condominium in Puerto Aventuras, ...
A: my area of expertise does not include property laws and real estate governance in Mexico. I ...
|
| Joint ownership | 8/30/2008 |
Q: My husband and I and my son and his wife purchased a home together 3 years ago as an investment with ...
A: If not, this will complicate the 'fairness' to buying out their interest and we can discuss this ...
|
| Disclosure | 8/27/2008 |
Q: I'm going to skip alot of details. A '83 doublewide was bought & paid for 12,000 from a friend in ...
A: I discussed this with my firms legal counsel and since I am not an attorney, and he does not ...
|
| Builder-delayed closing | 8/26/2008 |
Q: Our closing was delayed 4 business days by the builder or lender because few homes in the $600,000 ...
A: In addition, the assessors value usually does not take into consideration the land unless separately ...
|
| BackUp Offer | 8/24/2008 |
Q: I submitted a contract after the property was in "contingent" status. Buyer 1 has a home sale ...
A: laws, administrative codes, and procedures. Obviously, I specialize in N.A.R. Code of Ethics and ...
|
| real estate inspection | 8/18/2008 |
Q: we are buying a home and the inspection is scheduled for this Wednesday. the listing agent said ...
A: To answer you question you would have to look at your contract. If you are in AZ the contract ...
|
| First time Home buyer? Lots of questions... | 8/16/2008 |
Q: This is the first home we are buying, and I have a few questions and you might know some inside ...
A: I would not have recommended using the seller as your loan originator. Depending on your contract ...
|
| Obtaining earnest deposit back from builder | 8/15/2008 |
Q: My husband and I paid $15,000 for an earnest deposit on a new build home with Keystone American in ...
A: You must obtain an attorney. The problem is that you have already moved out of your existing home. ...
|
| buying now? | 7/28/2008 |
Q: I live in east Bay and I am trying to buy a single fam residency. Should I wait for a couple of ...
A: When prices are low and the interest rates are low then typically that make housing more affordable ...
|
| House not appraised high enough | 7/22/2008 |
Q: Is there anything that can be done, in this bad market for saleing a home, if you owe more then what ...
A: I have never heard of a quick-sale... she may mean a short sale or she was possibly speaking of a ...
|
| getting out of a contract | 7/19/2008 |
Q: we are under contract to buy a home in NJ and are supposed to close the second week in august. ...
A: .. mutually and contractually. First you should always talk directly to the builder to arrive at ...
|
| buying repo home | 7/10/2008 |
Q: The home that I plan on purchasing is only $35,000 is it necessary to find an agent? Do I have to ...
A: You do not need to obtain a loan if you have the money to pay cash in the bank, or the money is ...
|
| real estate | 7/9/2008 |
Q: If I sell my rental home through a realtor and by the time we close the mortgage is one month late ...
A: There is really two situations here. If you are in escrow and the closing takes longer than ...
|
| House not appraised high enough | 7/8/2008 |
Q: Is there anything that can be done, in this bad market for saleing a home, if you owe more then what ...
A: homeowners are suffering from increased mortgage payments as a result of a recalculation which was ...
|
| Questions regarding buying a home | 6/25/2008 |
Q: I live in the Chandler area. I have already been pre-approved by several banks for FHA loans and ...
A: First, short sales require patience by the buyer. The term 'pre-approved' means a prospective ...
|
| RE classes online | 6/25/2008 |
Q: I wasn't sure where to ask this question so forgive me if it's posted in the wrong area. I am ...
A: the State portion; and the federal portion. Obviously, the state controls the education necessary to ...
|
| Disclosure | 6/18/2008 |
Q: We purchased our home in Jan 2007. Shortly after we moved in our next door neighbors began ...
A: There are many potential HOA, local and state law, administrative code, common law, zoning and ...
|
| real estate contract time limit | 6/8/2008 |
Q: We saw a house in Illinois through a realtor that was for sale by a real estate company. The house ...
A: I replied the day after your posting. I do not know what happened. Please accept my apology for any ...
|
| New Home Construction - Different from Model | 5/28/2008 |
Q: I'm about 3 weeks away from closing on a newly constructed home (Taylor Morrison)and, after doing ...
A: .. he is the guy that controls the subcontractors... usually he is willing to assist in the little ...
|
| Escrow deposts | 5/26/2008 |
Q: We are FSBO's that signed a P&S with the contingency that the appraisal price of our home was ...
A: Robert - It is difficult to determine the reality without documentation. The transaction is usually ...
|
| Escrow deposts | 5/23/2008 |
Q: We are FSBO's that signed a P&S with the contingency that the appraisal price of our home was ...
A: in many parts of the country the real estate markets inventory is has leveled off and the decline in ...
|
| Escrow deposts | 5/23/2008 |
Q: We are FSBO's that signed a P&S with the contingency that the appraisal price of our home was ...
A: I would imagine there are cancellation provisions of the contract including such wording and ...
|
| new home contract | 5/23/2008 |
Q: We purchased a new home last June, and our builder's home warranty is about to expire. When we ...
A: The grass, and the language used in the contract. Usually, if there is a contingency, the builder ...
|
| Buying a home/hit a snag | 5/19/2008 |
Q: My fiance and I are in the process of buying a home. 8 days ago the seller accepted our offer and we ...
A: what is it you are trying to accomplish? Condition of the premises, more inspection time, to cancel, ...
|
| buying a foreclosed property | 5/13/2008 |
Q: I have decided to help my son with his first purchase. He lives in the Tempe area and has asked the ...
A: OK- Now let me answer each of your questions. 1-Seller Contributions: Whether or not the ...
|
| Awards? | 5/9/2008 |
Q: My property manager advertises himself to be an award-winning, nationally recognized real estate ...
A: True professionals work hard to achieve additional education to provide a higher-fiduciary service ...
|
| purchase agreement cancelation | 5/8/2008 |
Q: I am a Seller of a home and my wife and I have signed a purchase agreemnt. If we have decided to get ...
A: The negative side is your potential liability for damages to the builder. Sometimes it is loss of ...
|
| family investment | 5/5/2008 |
Q: my parents own land about 2 acres. They have 4 adult children all with incomes above 60,000 a year. ...
A: Inquire about taking title as tenants-in-common (TIC). This means each tenant would own an undivided ...
|
| breaking a lease option to buy | 4/23/2008 |
Q: about 9 months ago i signed a lease option to buy on a 1375 sq. ft. home. now i find that my family ...
A: I would recommend that you go online and review the Florida Landlord Tenant laws. A quick search ...
|
| Home contract cancelled upon mutual agreement, but builder not returning deposit | 4/22/2008 |
Q: We live in California and we entered into a preliminary home buying contract for a town home in Utah ...
A: contact the REALTOR and the Firms Broker and ask for their assistance. If not remember, the on-site ...
|
| Wholesaling Real Estate to Distant Investors | 4/14/2008 |
Q: I'm in the Metro Detroit, MI area and I wholesale real estate. I recently learned that there are ...
A: They will have links to other state investor associations. In addition you may want to try online ...
|
| Breach of Contract | 4/4/2008 |
Q: We purchased a lot and built a home located within a vacation resort all coordinated by the resort's ...
A: The builder sells the property to the buyer at a perceived value (base price plus options less a ...
|
| rescinding purchase agreement | 4/2/2008 |
Q: I verbally agreed to sell my house to someone about 2 months ago. He brought over the $500 earnest ...
A: Each state deals with this situation differently. However, am I correct in my understanding that you ...
|
| Getting Earnest Money Back | 3/30/2008 |
Q: My wife and I signed a contract with DRHorton to build a home here in Illinois. Before signing the ...
A: If you do not follow all the terms of the contingency than the builder will be able to retain your ...
|
| Release from Contract | 3/28/2008 |
Q: We have a contingency in our contract that depends upon us obtaining a construction loan (for a ...
A: always go back to the wording in the contract. What do the terms of the contract say with regard to ...
|
| seller's agent scammed us | 3/26/2008 |
Q: We had an accepted offer on a foreclosed home this past August. We had inspection after inspection ...
A: The ability for a borrower to perform depends on the depth of the pre-qualification, as all are not ...
|
| Builder Price Cuts After Closing | 3/9/2008 |
Q: I've recently moved into a neighborhood being developed by CENTEX as one of the first 20 residents. ...
A: then 'to make the situation right' the builder only has to accommodate you. This is a good position ...
|
| Builder Price Cuts After Closing | 3/7/2008 |
Q: I've recently moved into a neighborhood being developed by CENTEX as one of the first 20 residents. ...
A: Obviously the builder is not obligated to provide any reductions. In Phoenix, Maracay Homes reduced ...
|
| Backing out of a real estate contract | 2/21/2008 |
Q: I signed up to buy an inventory home from a builder. 2 Months later due to economic reasons I ...
A: That said, you indicated you were represented by an attorney.. did the attorney specialize in ...
|
| real estate disclosure | 2/15/2008 |
Q: ow we are dealing with the issues they say the will try to repair the home, yet now we have found ...
A: Since 1996 there has been an increasing number of claims with regard to poor craftsmanship including ...
|
| Sale of Second Home | 2/4/2008 |
Q: Parent transferred home to (parent and 4 children) in 1999 for $1.00 New deed Showed 5 names as ...
A: From a real estate perspective there are many asset preservation and tax limiting strategies that ...
|
| Removing name from deed | 2/3/2008 |
Q: In April of 2007 I purchased my first home in New York. My fiancé was my real estate. At the ...
A: As far as the deed (lien) scenario the rule is "first in time first in line". This means at the ...
|
| quick claim deed | 1/31/2008 |
Q: "My mom did a quick claim deed to me for her house. Will I incur any taxes or have to pay any ...
A: The method of deed transfer is not relevant to the question of taxes other then the person who owns ...
|
| GOOD FAITH DEPOSIT | 1/23/2008 |
Q: Is a good faith deposit($8,000) REFUNDABLE? THE BUYER HAD THE HOUSE OFF THE MARKET FOR 3 1/2 ...
A: Probably not. Good Faith Deposits (AKA Earnest Money) are amounts of money pledged by the buyer to ...
|
| Special Assessments | 1/11/2008 |
Q: I purchased a house in September of 2007. The previous owners lived in the house for only 9 months. ...
A: Let me preface my reply with the disclosure that I am not a real estate attorney and I would ...
|
