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Recent real estate law questions

My brother and I just inherited our childhood house in Pa..

My brother and I just inherited our childhood house in Pa.. He is giving it to me since he lives in Las Vegas and I live in Pa. Can I "rent the house with option to buy" to someone immediately or do I have to have my moms and my brothers name removed from the title before signing the contract with only my name on it. I am the executor of the estate but there is no probate necessary.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

 
44,742 satisfied customers
We are in the process of trying to pay of the remaining

We are in the process of trying to pay of the remaining balance of our home witch is under contract for deed..come to find out my husband has some judgements against him..we can't do a quit claim. I already asked.Is there any other way I can get him off the contract and deed..there was an option. On writing a letter to the agency where is judgement is from and see if they buy the contract out from underneath us..how long does that company have to decide if they want it or not

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Irwin Law

Juris Doctor JD

 
8,060 satisfied customers
If i have a land contract and the owners have died i have

if i have a land contract and the owners have died i have been paying on this house for 6 years what happends to the contract none of the sibling are on it and my grandparents left no will about the house

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Loren

Juris Doctor

 
34,622 satisfied customers
I am located in the state of wa. I have a person interested

I am located in the state of wa.I have a person interested in buying 5.88 acresof property that I have for sale.I would like to finance it my self but not sure of the process.I have read that one can go to a title company and they do paper workfor a nominal fee.Also is there a way to determine interest on a loan for raw land.

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Christopher B, Esq.

Attorney

Juris Doctor

 
4,782 satisfied customers
I am a buyer in a 5 year land contract with a balloon in the

I am a buyer in a 5 year land contract with a balloon in the state of tn. The balloon payment is due on June 1st, 2016 in order to fulfill my obligation. The sellers have been hounding me for months even though I have made every monthly payment plus taxes on time as agreed. We also have kept the homeowners ins current as agreed. My question is without being in default to the sellers, do they have the right to put a for sale sign in the yard prior to the contract end date, just because they think we wont be able to satisfy the balloon? I believe this is a breach of contract on their part since we are current on everything as agreed. I technically have till June 1st 2016. So would i be able to recover my down payment of $5,000 plus 5 years of property taxes and 5 years of Ins. premiums due to sellers breach of contract? Please advise me, I have been praying for a miracle and even buying lottery tickets in hopes of fulfilling the balloon payment but the sellers are not willing to abide by the terms of their own agreed contract. They even went as far as giving me a 60 day vacate notice by certified mail even though I have not defaulted in any way. They mailed that to me on April 02, 2016- 2 months before contract is up!

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Roger

Litigation Attorney

Doctoral Degree

 
32,830 satisfied customers
I'm in Texas and trying to sell house and 30 acres. We have

I'm in Texas and trying to sell house and 30 acres. We have a Mortgage. Several people have called and want owner financing. We have been telling them we can not do that. I talked to the mortgage company and they told me I could. If I do, I would want the payments coming to me and the ability to take back the property. Can I do that? and what would it be called?

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Ely

Counselor at Law

Juris Doctor

 
62,078 satisfied customers
We bought a home on private contract we paid payments

hello we bought a home on private contract we paid payments the first three years and ws supposed to pay a final ballon payment the next or get refinanced but were unable to so he extended the contract another year and we still could not get it refinanced this year so he told us he would extend it one more year but no longer or we will lose the house is that rightJA: OK. The Real Estate Lawyer will need to help you with this. Have you consulted a lawyer yet?Customer: noJA: Please tell me everything you can about this issue so the Real Estate Lawyer can help you best. Is there anything else the Real Estate Lawyer should be aware of?Customer: we have made improvements on the house and have never missed a paymentJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Real Estate Lawyer about your situation and then connect you two.

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Irwin Law

Juris Doctor JD

 
8,060 satisfied customers
My property in Georgia is offered with Owner Financing.

My property in Georgia is offered for sale with Owner Financing. When the transfer is complete, the seller signs a warranty deed and the buyer signs a security deed with intent to pay the balance to the seller. Can I sale by Michigan Home under these same conditions.

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Christopher B, Esq.

Attorney

Juris Doctor

 
4,782 satisfied customers
I have a property purchased on a land contract. The person

I have a property purchased on a land contract. The person living in the property is behind 6 months. What is the best way to proceed (forfeiture or foreclosure)? What is the normal fee for each? This is in Columbus, Ohio

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

 
44,742 satisfied customers
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