I need some sound legal advice on a mobile home in Texas
Hello. I need some sound legal advice on a mobile home in Texas please. We purchased for 75k, still owe 50k. We want to move on into a traditional home but have been utterly unable to sell this mobile for what we owe on it. Value has depreciated massively much like a car. We are currently on private property which is not ours, belongs to family. We have been so desperate to get out of this that we are contemplating "walking away" from it.We know this will leave horrible marks on our credit ...so we want to make a home purchase first and then stop paying the mobile and walk away. We need to know what to expect if we did this. Besides the bad credit, what else can happen? Can we be sued by our lender or would this just be a repossession like a car and that's the end of the story?Could the mobile lender place a lien on our new home or garnish wages? If Texas allows just a repossession then I don't see why we shouldn't do this. But if we can be sued, I don't want to do that either. What are Texas laws regarding a defaulted mobile home loan? Please help!Thank you
I have a question regarding quick claim deeds and medicaid,
I have a question regarding quick claim deeds and medicaidJA: What state are you in? It matters because laws vary by location.Customer: michiganJA: Has anything been filed or reported?Customer: last year my mom quick claim deed her home to my brother because she was moving in with me due to health reasonsJA: Anything else you want the lawyer to know before I connect you?Customer: now her health has deteriorated and she is in an assisted living and will probably apply for medicaid in a few years but we found out the house needs to go back into her name in the meantime my brother has just applied for a home improvement loan. how will that be affected
I own 18 acres in the country, made up of 9 separate
I own 18 acres in the country, made up of 9 separate residential lots, where I graze livestock with an ag use exemption. My sister would like to buy a couple lots from me to help me out financially. How can she and I maintain the exemption after the purchase?
I own 9 lots that comprise an 18-acre place in Texas where I
I own 9 lots that comprise an 18-acre place in Texas where I run goats/sheep. I have ag-exempt status on all 9 lots. I need to raise cash but I understand I cannot cash-out the equity in any of the lots as a result of Texas law? Is this true?
An adjacent property has an easement to my well, its only
An adjacent property has an easement to my well, its only source of water to thehouse. occupied until 2012, I was never paid for the electricity or well repairs since2000. this amounts to about $2100.00. Can I file a lien on the property as it was recentlysold but has not closed yet? If so, what kind of lien?
Counselor at Law
A client of mine owns a lot of land in north carolina. they
a client of mine owns a lot of land in north carolina. they paid 67,000 financed 49,000 through BBT. They owe 38,000 now and it's current value of 20,000.Builder is involved in a law suit because of the HOA owners are suing. The owner was required to build a club house once 90 % lots were sold. they never built the clubhouse because the added more lots that were not part of the original agreement.Some of the owners are suing and that cost is being passed on to the HOA.Bot***** *****ne is the lots are now worth 20,000. The banks is not budging on restructuring the loan and the client wants to get out of this mess as the lots are un sellable.The location isCare free Cove in Zionville north CarolinaCan they walk away and not have their assets attached
I have a home equity loan and through an error on the banks
I have a home equity loan and through an error on the banks behalf, they no longer hold any collateral interest in the property. I no longer own the property, they were paid in full when the account was closed and they subsequently urged me to use the equity line. Do I have any recourse and what would happen if I just stopped paying on it? Thank you.
Attorney and Counselor at Law, Mediator