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Recent Cooperative Housing questions

Assistant: Thanks. Can you give me any more details about

Assistant: Thanks. Can you give me any more details about your issue? Customer: I am wanting to transfer the ownership of my house in Jupiter Farms to my son and daughter in law. We purchased the hope about 3 years ago. The home mortgage is carried by Wells Fargo. All payment have been paid on time. We have paid it dwon so that no PMI is required.What process would we encounter to accomplish this..

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Richard

Owner

Doctoral Degree

50,128 satisfied customers
I have a question my aunt pass away and left me the house. I

I have a question my aunt pass away and left me the house. I did not tell the mortgage company about the death because we were going through probate and plan to refinance. We still have not finish but are closer to being financing the now.JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: Bonita Fortune, I am in Washington, DC.JA: Has any paperwork been filed?Customer: For probate yes, for I was told that I could not pay the mortgage and my aunt is dead. SoJA: Anything else you want the lawyer to know before I connect you?Customer: So I was going to call the mortgage company and tell them of her death.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

54,762 satisfied customers
Tying to find the best way to keep a house that I am on the

Hello, tying to find the best way to keep a house that I am on the title to and have ben living in for twelve years, but I am not on the loan my x husband is. He is willing to let me keep the house if I make all of the future payments. I cannot qualify for the loan by myself, but he is willing to hold the loan in his name for me. could this work? and if so how do we protect ourselves legally ?JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: CAJA: Has any paperwork been filed?Customer: noJA: Anything else you want the lawyer to know before I connect you?Customer: No

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

54,762 satisfied customers
I live in Ohio. I own a house with my husband and there is a

hello, I live in Ohio. I own a house with my husband and there is a mortgage on the house. We are both in our 70's. Can we put a house with a mortgage in a trust with our son as the beneficiary?JA: Since estate law varies from place to place, can you tell me what state this is in?Customer: OhioJA: Has any paperwork been filed?Customer: what type other than a mortgage deed by the bank.JA: Anything else you want the lawyer to know before I connect you?Customer: no

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Richard

Owner

Doctoral Degree

50,128 satisfied customers
My kids mother lives in house that I am souly on morgatge,

my kids mother lives in house that I am souly on morgatge, but also years ago she had me put her on title that I was not really asure that I had done. now I want to get married and my demlia is how dose that affect my future wife as far as libelity as a couple, is she protected any way.JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: OhioJA: Has any paperwork been filed?Customer: supposively on county website but have not gotten a copieJA: Anything else you want the lawyer to know before I connect you?Customer: should I put propty in lcc or would a rental agreement be more apt

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Loren

Juris Doctor

45,914 satisfied customers
My daughter's name is on the deed with me in case I should

My daughter's name is ***** ***** deed with me in case I should die, I want the property to go to her automatically, however, I hold the mortgage, lots of equity. Must she qualify to hold this mortgage or just continue making the monthly payment. State of North Carolina

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

54,762 satisfied customers
Are cooperative housing communities where the corporation

Are cooperative housing communities where the corporation owns the land and the homeowners own the improvements and are given shares by the corporation required to have reserve funds in the state of California. And if so, can you cite chapter and verse for me or provide a link to the statute.Regards,Steve ******

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Ely

Counselor at Law

Juris Doctor

69,910 satisfied customers
My father owns a house in Arizona Pima County, but lives in

My father owns a house in Arizona Pima County, but lives in Ohio.There is a $70K principal balance owed on the Arizona property.A relative who is going to be the sole beneficiary of the Arizona house upon my fathers death, got him to sign a Beneficiary Deed. Here is my worry. Does this Deed that is held to Arizona Law, require that the house be paid in full from my fathers assets prior to the transfer to the beneficiary? In other words, is this a really sneaky way to obtain a larger portion of my fathers assets? I am fine letting the relative get the house with all current principal plus remaining debt. I am not happy with it if they receive the paid in full from my father assets. My father is still alive and he also doe snot want this to happen. So I need to figure what to do here.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

54,762 satisfied customers
I recently received a letter from the loan company and am

I recently received a letter from the loan company and am not sure what to send them next. please take a look at it and let me know what you think

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Richard

Owner

Doctoral Degree

50,128 satisfied customers
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