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Recent Escrow questions

For a California Real Estate Lawyer to answer only.

For a California Real Estate Lawyer to answer only.California person purchasing commercial property. The property is under contract and in escrow. During escrow, If buyer hazardous inspector find material like asbestos, is the seller "obligated" under Federal or California law/rule to abate asbestos at seller's expense? If so, please provide the exact law section/paragraph/code reference.

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39,730 satisfied customers
A friend of mine from the state of California bought a owner

A friend of mine from the state of California bought a owner occupied condo in Santa Maria California with the intent to be owner occupancy. Circumstance in the family life have changed related to health and work schedule change is requiring the family to live closer to work. they are concerned the loan will be called if the rent the condo out to be closer to work. Work is in one county and the condo is in the next county over.JA: Because laws vary from place to place, can you tell me what state the property is in?Customer: CaliforniaJA: Has any paperwork been filed?Customer: What paperwork. In escrow they signed owner occupiedJA: Anything else you want the lawyer to know before I connect you?Customer: Not for now

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P. Simmons

Attorney

Doctoral Degree

38,324 satisfied customers
I have rented for 5 years. It has been a constant argument

I have rented for 5 years. It has been a constant argument over the maintenance of the building. I did not hire a lawyer, i just kept stetting with owner.I finally quit paying rent but did not put money in escrow. I am willing to pay rent i have no hot water now.They took me to magistrate in Crafton PA who gave me 30 days to vacate I talked to Ingram building inspector who told me that there is no occupancy permit that means there no lease and landlord must return all rent and pay fine...and they owe me..all paid rent Thoughts or advice?JA: Because laws vary from place to place, can you tell me what state the property is in?Customer: PAJA: Has anything been filed or reported?Customer: yes...local magistrate has given me 30 days to vacateJA: Anything else you want the lawyer to know before I connect you?Customer: I am waiting on workman comp settlement, but I have money....i just do not want to pay unless property is maintained.....

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Maverick

Doctoral Degree

8,410 satisfied customers
I'm selling my house "as is condition", received an offer

Good morning. I'm selling my house "as is condition", received an offer from prequalified buyer who was willing to close deal in 21-30 days. After I accepted offer was informed by my realtor that buyer changed condition and will use financing through FHA loan and some repairs should be done in my house for FHA inspection. I don't have money for those repairs and specified that my house sells in condition " as is". My realtor told that buyer is willing to do repairs by himself before inspectin and they willing to sign agreement if they don't get approve for loan through FHA I won't be responsible for cost if repairs.I'm feel very unsecured by letting someone in my house to do repairs while house is still not sold. I do live in California.Please need legal advice ASAP

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Loren

Juris Doctor

44,900 satisfied customers
I am looking for an answer, Sugarland TX, i am in middle of

i am looking for an answerJA: Where is the property located?Customer: Sugarland TXJA: Has any paperwork been filed?Customer: i am in middle of buying processJA: Anything else you want the lawyer to know before I connect you?Customer: Sure - Contracts are signed and we passed both inspection and financial contingency on the contract

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Loren

Juris Doctor

44,900 satisfied customers
My husband did an owner finance because the property he was

My husband did an owner finance because the property he was selling did not qualify for traditional financing and at the time unfortunately we were not familiar with contract real estate practises here in alaska. At closing I read the contract at the title company and asked why there were no late fees or any clauses about late payments and the tile company rep said that was handled by the escrow company and I could call them after closing to find out what that was. It struct me as odd since we were signing the legal document but I trusted the "professionals" and call the escrow company after closing. The escrow company said no that is not their responsibility they just execute and enforce terms of the contract we signed at closing and that is addressed at closing in the contract. So I called the title company back and they said it is up to the real estate agents and that should have been addressed when we accepted the offer on the property. Anyway, here we are 7 years later and the contract is up next month with a balloon payment and the buyer/owner has been consistently late and behind for the last 7 years. We checked into foreclosure several times, but because of the buyer/owner being in divorce and bankruptcy our efforts were detoured and asked to work with him and his exwife. Now we are concerned that with the contract coming to an end and knowing the history that we will never not have taken to right steps if he does not pay the balloon payment plus the back monthly payments. So my question is what is the right path forward...and do the conditions or our position are lien holders change once that contract comes to terms with the balloon payment being due. Thank you LisaJA: You just pay a $5 deposit now and the rest only when you get a reply from the Real Estate Lawyer. All of this is 100% satisfaction guaranteed, so you can get a refund if you're not happy for any reason. Since laws vary from place to place, what state is this in? And has any paperwork been filed?Customer: How do I pay the deposit? Alaska, no papers have been filed by myself or husband (the lien holders)JA: PayPal, Debitcard or credit card are all fine. Has any paperwork been filed?Customer: No paperwork has been filed that we are aware of. Both attempts of the buyer/owner to get bankruptcy were eventually denied.JA: Anything else you want the lawyer to know before I connect you?Customer: No, but where do I go about paying by credit card?

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Ray

Lawyer

Doctoral Degree

44,026 satisfied customers
I have a question about HOA's. I bought my home 8 months

Hi, I have a question about HOA's. I bought my home 8 months ago. At the time, seller did not disclose the existence of an HOA. I have not paid anything to any HOA's as a result. This week, I saw a notice on a tree about a meeting in the HOA. Where does it leave me? Am I required to be part of an HOA?JA: Because real estate law varies from place to place, can you tell me what state the association is in?Customer: YEs, certainly, I am in Orange County, CAJA: Has anything been filed or reported?Customer: NoJA: Anything else you want the lawyer to know before I connect you?Customer: I bought this home specifically due to the absence of an HOA so I would have more freedom to install amateur radio antenna structures

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legalgems

Juris Doctorate

19,058 satisfied customers
Can you explain to me in layman's term about ernest monies,

can you explain to me in layman's term about ernest moniesJA: What state are you in? It matters because laws vary by location.Customer: I live in NC but I have a home I am trying nto sell in NYJA: Has anything been filed or reported?Customer: The bwas up for sell. I had a buyer. Their loan was approved on April6, 2017. Te closing date was April 7.2017. On April 27, 2017 I was informed that the loan was taken back by the and that there was no saleJA: Anything else you want the lawyer to know before I connect you?Customer: Am I entitle to the ernest monies

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Loren

Juris Doctor

44,900 satisfied customers
I have people that file tax loans to pay taxes and what not,

I have people that file tax loans to pay taxes and what not, now when they don't pay the tax loan those people get first lien on the property and sometime we have to pay it, is there any way I can prevent that from happening to a new customer such as signing a waiver of some sort and what would it have to say

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80 satisfied customers
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