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Recent Cash for Keys questions

I've been living in this house and paying rent since

Hi i've been living in this house and paying rent since 2001,the lady that owned the house she got sent back to Mexico in 2007,i continued to stay there and give money to the family in which they sent it to her. They let the house go years ago without telling me and now the house up for auction for auction on the 31st of Jan. She had a reverse mortgage on it.It wasnt a rental she just helped me out with a place to stay.so since 20007 to now i've been satying and paying the family.Its really last minute for me (finacially0 as well to move out.Thank youJA: When we are ready I'll take you to the appropriate web page.Customer: excuse any typos tyning to do three things at once at work.JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: Stockton,CA.JA: Has any paperwork been filed?Customer: Yes last Tuesday,it was a noitce i took to the family stating the house will be up for auction on the 31st of this month.JA: Anything else you want the lawyer to know before I connect you?Customer: no

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Loren

Juris Doctor

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Sure. I was just informed yesterday that my 10 yr interest

Sure. I was just informed yesterday that my 10 yr interest only loan will expire. My mortgage goes up over $1,000 per month on a 6.73% interest. I cannot get a refi because it's a Jumbo loan and would need about $100,000 dn I deducted $100,000 of my salary this year which means $1,000 + mortgage increase is not doable. LOL any ideas on what I should do. Also, there's no equity in the house! Was I sold on a very bad loan??JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: Indiana Crown Point, Lake CountyJA: Has any paperwork been filed?Customer: NoJA: Anything else you want the lawyer to know before I connect you?Customer: Yes, the current lender does not do refi's (Ocwen)

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Loren

Juris Doctor

40,346 satisfied customers
I am the winning bidder at an auction site for an REO

I am the winning bidder at an auction site for an REO property in NJ. The foreclosed property is occupied. The bank is selling it as is. I would be responsible for evicting the tenants. How much would a lawyer charge for that process?

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,214 satisfied customers
I have a tenant whose lease is up on 1/31/16. However, we

Good afternoon! I have a tenant whose lease is up on 1/31/16. However, we need her to be out of the residence by 1/11/16 (property has been sold). Tenant has violated lease by keeping a junk car in the back yard for an extended period of time and not keeping inside and outside of home in acceptable condition. Need to know how feasible would it be to begin eviction procedures?JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: Wake County, North CarolinaJA: Has any paperwork been filed?Customer: We sent notice to vacate. No eviction paperwork.JA: Anything else you want the lawyer to know before I connect you?Customer: I think that's about it.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,214 satisfied customers
My tenant hasn't paid the rent, which was due December 1st.

My tenant hasn't paid the rent, which was due December 1st. I sent her an email today asking her to pay or vacate by December 15th because GA requires me to give 7 days notice. I am also selling the property and she told me that she would move out by December 18th but now she is trying to back out of the date. I have a binding contract with a buyer scheduled to close January 3rd.If I offer to let her pay 1/2 the rent and give back her deposit on the condition that she move out by the 18th, do I lose my ability to evict her if she doesn't leave?

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Loren

Juris Doctor

40,346 satisfied customers
I am selling house and buy want tenant move before deposit

I am selling house and buy want tenant move before deposit the ernest moneyJA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: washingtonJA: Has any paperwork been filed?Customer: gave them three days noticeJA: Anything else you want the lawyer to know before I connect you?Customer: I have her to move by 27th and I told the buyer

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Loren

Juris Doctor

40,346 satisfied customers
I own a Texas property mortgaged by Wells Fargo, which has

I own a Texas property mortgaged by Wells Fargo, which has been in foreclosure for some time.I filed a chapter 13 back on April 2016 to stop it. However it was dismissed due to non payment a month later.6 months have gone by and then a new foreclosure sale date was scheduled on home for this October 3rd.I refilled another chapter 13 on October 2nd to stop it.I am scheduled for a creditors meeting tomorrow Wednesday Oct 26th and then a hearing on Nov 3rd for "order to show cause". (I guess since the last one was dismissed for non-payment)Unfortunately, I realize now I'll be unable to make the new proposed chapter 13 payment.So if I don't show up to the creditors meeting tomorrow or the "order to show cause hearing on Nov 3rd, I know the case will be dismissed for non payment again.I am now making plans to move as I know there is no other option.My question is the following:Will the approximate time before I get another foreclosure sale date be another 5 to 6 months. Maybe considering there are certain legal steps the bank must take again before they can place. Anew foreclosure sale date.OrIf the case gets dismissed they can try to foreclose say within just 30 days.I have a family of 5 and could use a few months to move out. Thanks.Kind regardsEC.

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DrakeLAW

Juris Doctorate

952 satisfied customers
In illinois when owner does deed in lieu. when does the

In illinois when owner does deed in lieu. when does the tenants have to move out. How much time do they have to leave the property.

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Loren

Juris Doctor

40,346 satisfied customers
What kind of scam is this? HECM reverse mortgage home that

What kind of scam is this ? HECM reverse mortgage home that is upside down. Currently being foreclosed upon. Some guy is trying to get me to sign this Exclusive Option Contract:If Recorded Mail To:APEXP0 BOX 30472Mesa, AZ 85275EXCLUSIVE OPTION CONTRACTFor valuable considerations, receipt of which is hereby acknowledged, I/weJamil Bissar, (Optionor) grants toSydnee Hymas dba APEX, (Optionee) and/or assigns,the 'exclusive optional rights' to purchase, sell, lease, let, sub-let, hypothecate, mortgage, encumber, occupy,collect and retain rents/funds/fees, etc. for the real and personal property and affixtures located atXXX X 10th Ave Mesa AZ 85204,Assessors Parcel Number is ***** in Maricopa County, Arizona which is currently owned byXXXXXXX (Optionor).This contract begins'and expires no earlier than two years later unless terminated inwriting by Optionee. Optionee can execute any, all or none of the 'exclusive optional rights' listed above atany time during this option period. Optoinee shall pay Optionor $250/month on the first of each monthbeginning after the thirtieth day from the 'contract begins' date above, until/unless the contract is terminatedin writing by Optionee. Optionor and Optionee acknowledges and agrees to the following ... the subjectproperty listed above is vacant/abandoned and the loans/HOA assessments-dues4ees/taxes/other financialobligations/etc. secured by and associated with this property may currently be in default, may go into defaultin the future and may proceed to foreclosure. If 'cash for keys' is collected by Optionee or if 'cash for deed' isrecorded by Optionee, Optionee shall pay Optionor $10,000.00 of that amount, otherwise there shall be noother consideration paid to Optionor by Optionee for executing 'exclusive optional rights' listed above.Optionee is not acting on behalf of Optionor as an attorney, accountant, counselor, advisor, consultant (perARS 44-1378), realtor, broker, property manager, etc. and has not made any verbal/written promises,guarantees or warranties. Optionor has the ability to read and understand this contract and agrees to holdthe Optionee harmless and fully indemnify Optionee and/or assigns.Optionor: XXXXX(for XXXXXXX)Optionee:

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Irwin Law

Juris Doctor JD

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