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Recent Owner Occupancy questions

I own a one bedroom condo and have recently recieved a board

I own a one bedroom condo and have recently recieved a board attorney letter for complaints filed against the two dogs in my unit and stating that the two pit bulls are a threat to the condo community and demand the non owner occupant to be removed even though the building does allow pets. When I asked for evidence or example of the dogs being a threat, I recieved a reply from the management agent stating a resident observed an incident where the dogs trapped an individual(not knowing if the individual is a condo resident or not)to the tree. I have thus being fined $3,000 for illegal occupancy. Does the board have any power to evict the tenant and should I must pay the fine if such complaints do not seem to be evident?

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Asad Rahman

Attorney

J.D.

3,196 satisfied customers
My husband passed away. He was borrower on our home loan and

My husband passed away. He was borrower on our home loan and I was co borrower. The loan originated with Met Life and was refinanced under Sterling National Bank. I was still a co-borrower on that loan. Chase assumed the loan and do not have me listed on the account and can't investigate without my husbands written request. They can then investigate and see why my name isn't on it. My attorney advised me after my husband passed away in 2012 just to keep making the payments. The problem is, since I am not listed, the IRS came back and say I owe more money because,of interest income. I have not notified Chase of his death as I was afraid they would require me to refinance the loan and the interest rates were higher and I probably wouldn't qualify based on reduced income. Please advise!

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Ely

Counselor at Law

Juris Doctor

64,594 satisfied customers
My question is this, my mother wants to move into a smaller

My question is this, my mother wants to move into a smaller home but as part of her estate planning her current home is titled to an irrevocable trust and therefore the next home should be titled the same as well. I am the trustee. There is a house that she likes but requires an owner occupancy form to be signed at the closing. Is buying it as the trust permissible if I have to bid as the trustee but she is the one who would be living there?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

108,214 satisfied customers
I am in the process of refinancing my 1920-era home with

I am in the process of refinancing my 1920-era home with cash out. The proceeds will go to improvements, ones that affect the value of my home. The front porch is in disrepair. The siding with peeling lead paint needs to replaced, among other things. (These issues appeared in one season.) Any lender would want an appraisal. I am terrified of an appraisal. Comparable homes in my neighborhood are selling for what I think it is worth. But these homes need no major work and have lovely curb appeal. My home looks, well, sad and neglected. The interior is excellent though.How much would the condition of my home as described affect an appraisal?Another thing, since the discovery of peeling exterior paint, my 2-year-old and I have been staying elsewhere. A friend is occupying my home, as I do not want it vacant and he will not chew on lead paint chips. One lender told me that if I am not currently residing in my home, it is considered an "investment property," and a higher interest rate would apply. Cash-out would not be an option either. Is this true? We plan to move back in a week or two after close (after the contractor is paid and takes care of the lead).Is it wise to apply for a HELOC in case the cash-out refi does not work out?

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Legalease

Attorney At Law

Doctor of Law w/ highest honors

15,044 satisfied customers
To what extent can 4 joint owners of a Florida Condo be held

To what extent can 4 joint owners of a Florida Condo be held legally and/or otherwise responsible for the consistent rule violations of one of them?Scenario: A man SB and his wife AB live in a Florida condo unit jointly owned with her parents DK and AK, who live in another unit in the same condo.The man SB is constantly violating rules and involved in behavior that is potentially legal "harassment". AB is a Florida Lawyer against whom the Board has already filed a Bar complaint for violation of the Rules of Professional Conduct in a matter relating to her husband's ownership of the condo. A complaint that has been sent on by the Bar for response; has been responded to by a hired expert in the field; and has had the response rebutted by the Board.SB is, among other sins, constantly checking with the City for any pending permit issue and constantly bringing the matter to the Board's attention. He misreads the information received and constantly harasses the Board for answers he receives and does not accept.Harassment is defined as a repeated course of conduct that causes distress to another and has no legitimate purpose. It is the Board's position that the constant permit inquiry and complaints constitute just such a harassment. In fact SB prior to the harassment, was SO angry at the President of the Board (HC) FOR ENFORCING THE RULES, that he actually said "he would make HC's life hell". The incident is documented by a sworn affidavit of the security guard to whom it was said. HC has complained of loss of sleep and headaches directly related to the harassment.1. I believe that the other 3 joint owners are not aware of the extent of SB's violations.2. I know that any fine that the Association imposes on SB can be filed against the unit but cannot, if unpaid, be used as a legal reason to foreclose.3. What other sanctions can be imposed on all? And is the wife AB at all responsible for SB'S behavior vis-à-vis the Bar?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

108,214 satisfied customers
State of Nevada Real Estate Law on taking Possession of Tax

State of Nevada Real Estate Law on taking Possession of Tax Deed Sale Property> I am the owner/builder/ occupant of tax sale property. Want to have a legal understanding of my property rights. Thanks in advance for your expertise in this area.

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TJ, Esq.

Juris Doctor (JD)

10,892 satisfied customers
I am making an offer townhouse in a senior citizens

I am making an offer for a townhouse in a senior citizens development. They have an HOA that says no renting of their units. I am purchasing the property as an investor, and plan to make some updates and resell the property. The HOA guidelines don't specifically say I cant purchase as an investor, but the president of the HOA told my real estate agent it wasn't allowed. Only people 55 and older can live there. I am 55. Can I consider myself an owner occupant, even though my purchase would be through my LLC?

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CalAttorney2

Attorney

Doctoral Degree

20,240 satisfied customers
My mother passed away we have paid the mortgage years.

My mother passed away we have paid the mortgage for 10 years. Now the loan is up. The company wants us to modify are refiniace. Are just pay the total balance. I'm in Texas the home is in the Harris County area. My father is still living. His name is ***** ***** deeds but not on the loan what could we do?

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Ely

Counselor at Law

Juris Doctor

64,594 satisfied customers
Is it legal management company operating under HUD to close

Is it legal for a management company operating under HUD to close a bid on a home ahead of time and then re-open the bid back up for more bids when there are acceptable bids available. They didn't follow what was advertised by their listing as far as how long bids would be accepted. Hudhomestore.com .my husband and I used a real estate company to place a bid on a home the bid ended Monday March 7,2016 @ 12 am ..ouragent told use wewould know Tuesday morning, we checked on line and the bid was extended for one day so when we went to place our bid at 2pm the home was removed and sold, HUD gave false advertisement and we never got the time that they stated to place a second bid..also the home was for owner occupancy and they change the bid to All "open investor"- they broke all government regulations the company named Asset Management Pemco did not follow guidelines as stated on hudhomestore, a HUD .GOV us department of housing. Many consumers have a right to a fair bidding process this has been violated..can you please advise us of our rights

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Phillips Esq.

Attorney

Juris Doctor

18,350 satisfied customers
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