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We have about $125k in equity in our house and we're
Hello,We have about $125k in equity in our house and we're thinking about doing a HELOC to pull money out and invest into another property as a rental property.The house we're in now closed in Februar… read more
legalgems
legalgems
attorney
Juris Doctorate
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I live in house. If I sell my house today it would have 1
I live in house. If I sell my house today it would have 1 million in capital gains. I am married thus I would be able to exclude 500,000 in capital gains. Can I gift 1/2 of my house to a realtive (who… read more
N Cal Atty
N Cal Atty
Attorney
JD
40 satisfied customers
If I refinance my house with my son can I quit claim myself
If I refinance my house with my son can I quit claim myself off of the title and loan in the future. Will this trigger a reassessment? Or can I gift the house the house to him and have him refi in his… read more
Lori
Lori
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2,781 satisfied customers
I understand that any newly purchased property after the
I understand that any newly purchased property after the agreed date to live separately is consider separate property, does this exclude the asset of the house from being used to satisfy any debit he … read more
legalgems
legalgems
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Is the beneficiary of a life estate still legal owner if the
is the beneficiary of a life estate still legal owner if the title has not yet changed? Also, should a property go into foreclosure before a title change is done, would the equity fall back to the tru… read more
Jessica B
Jessica B
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Before marriage, my wife shared ownership of a property
Before marriage, my wife shared ownership of a property (house). After marriage, I did extensive home improvements to the property. We are not in the middle of a divorce. Am I entitled to some a porti… read more
legalgems
legalgems
attorney
Juris Doctorate
201 satisfied customers
We are six months in arrears with our mortgage payments. We
We are six months in arrears with our mortgage payments. We applied for a loan modification with our current lender in October 2017 and were informed late last week our loan modification was denied ba… read more
MCSmith
MCSmith
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My parents recently passed away and in a trust, left the
Hello, My parents recently passed away and in a trust, left the estate split 50/50 between my brother and myself. My brother is moving into the house and buying my portion from me. The house was appra… read more
legalgems
legalgems
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I have a Reverse Mortgage and I have an SSI income of
I have a Reverse Mortgage and I have an SSI income of $1050.00, the housing prices have risen and I tried to apply for a line of credit on my reverse and they denied me, isn't there a way I can get th… read more
legalgems
legalgems
attorney
Juris Doctorate
201 satisfied customers
Second opinion] I was recently in a relationship and we
Second opinion] I was recently in a relationship and we broke up. We were only together for 1.75 years and were not married. I bought a home while with her and put her on the title as tenants in commo… read more
N Cal Atty
N Cal Atty
Attorney
JD
40 satisfied customers
I have a daughter 23 that has about very little income but
I have a daughter 23 that has about very little income but has a saving of around 90,000. Her rent is so high in Denver and was wondering would she qualify for a first time home buyer or would her par… read more
legalgems
legalgems
attorney
Juris Doctorate
201 satisfied customers
Mortgage Validity - Father-in-law (F) and Mother-in-law (M)
Mortgage Validity - Father-in-law (F) and Mother-in-law (M) give Daughter (D) and Son-in-Law (S) $6 as a gift to pay off their matrimonial home (owned by D and S) but it is never documented in writing… read more
CalAttorney2
CalAttorney2
Attorney
Doctoral Degree
8,845 satisfied customers
My friend has a house in CA with $471K mortgage loan, and
My friend has a house in CA with $471K mortgage loan, and the house current market value is around $650k. My friend is willing to sell the house to me for the price $471K to pay off his mortgage. The … read more
LawTalk
LawTalk
Attorney
Juris Doctor
188 satisfied customers
My boyfriend and I purchased a home in 2008 he put 120,000
My boyfriend and I purchased a home in 2008 he put 120,000 down. We were placed on title as joint tenants. We were married seven months later. We separated three years later and I moved out of the hom… read more
Asad Rahman
Asad Rahman
Attorney
J.D.
2,583 satisfied customers
This is a tax question. I own a house with my husband and my
Hi, This is a tax question. I own a house with my husband and my dad. My husband and I physically pay the mortgage on the house but the mortgage isn't in our names. It's in my father's name. He's neve… read more
CalAttorney2
CalAttorney2
Attorney
Doctoral Degree
8,845 satisfied customers
My wife and I are transferring the title/deed of our house
Hello, My wife and I are transferring the title/deed of our house to one of our children. Could you please guide me as to what forms need to be filled out, and are there tax implications? The mortgage… read more
Attorney2020
Attorney2020
Lawyer
2,480 satisfied customers
I have recently separated from my partner where we were
I have recently separated from my partner where we were unmarried cohabitants since 2004 where we had 3 children. In 2010 we purchased a home together whereby she had the good credit and I had the dow… read more
Richard Price, Esq
Richard Price, Esq
Attorney
LL.M.
59 satisfied customers
My dad passed away in December 2014. He left myself and
My dad passed away in December 2014. He left myself and brother and sister equal cash share from a trust of 200,000 dollars. He also has a home he built in 1953 in southern calif that is paid for year… read more
LawTalk
LawTalk
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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