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Related Real Estate Law Questions
My ex husband just died and his mortgage went unpaid for 28
My ex husband just died and his mortgage went unpaid for 28 months. After going through his papers there is no evidence of foreclosure. It seems to me that foreclosure would have been started by now. … read more
Barrister
Barrister
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Doctoral Degree
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We had a condo with an association and we vacated the property
We had a condo with an association and we vacated the property after 8 to 12 months trying to work with bank. We stopped paying our HOA dues and tried to short sale. That didn't work! (lost have of ou… read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
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We are upside down on our Mortgages (because we have a first
We are upside down on our Mortgages (because we have a first and second with two lenders) - is it better to walk away or should we try to get a better mortgage rate until we can sell?… read more
Ely
Ely
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We own a 1992 mobile home in the bay area with a mortgage of
We own a 1992 mobile home in the bay area with a mortgage of approximately 90,000.00. It's value has depreciated to 55, 000.00. We will retire and move out of state in 2.5 years and have decided that … read more
Roger
Roger
Litigation Attorney
Doctoral Degree
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Is it true that if person dies with a mortgage still owed
Is it true that if person dies with a mortgage still owed that the bank will come after their next of kin for payment? Or does the bank just keep the condo? I am being pressured to buy insurance to pr… read more
LegalKnowledge
LegalKnowledge
Juris Doctor
36,525 satisfied customers
i live in utah and am trying to short sale my home $360,000
i live in utah and am trying to short sale my home $360,000 1st with a heloc 2nd $97,000. My home is only worth $340,000. I have not been paying the mortgage for 8 months. What can I expect to negotia… read more
Ellen
Ellen
Lawyer
Doctoral Degree
36,720 satisfied customers
Hi - Our house is being foreclosed. I think it was sold back
Hi - Our house is being foreclosed. I think it was sold back to the bank?? We were contacted by a real estate agent to do the cash for keys. She offered us $3500 and 30 days to move out. I am just get… read more
Ellen
Ellen
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Doctoral Degree
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I live in California and may have to go through foreclosure
I live in California and may have to go through foreclosure on my small condo (my only residence). I have many questions, but three which I need to find out answers to in order to help me know which i… read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
12,421 satisfied customers
I have a condo in Ga. that my son has been living in and making
I have a condo in Ga. that my son has been living in and making payments. His business just went bankrupt and he can no longer pay. I owe 121,000 and the same units are selling for 77,000. Is it best … read more
MShore Law
MShore Law
Doctoral Degree
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I am on the board of a small, 14 unit condo complex, of which
I am on the board of a small, 14 unit condo complex, of which I own two units. We are having trouble collecting dues, as might be expected in this economy. One instance the owner filed bankruptcy, ano… read more
Alex J. Esq.
Alex J. Esq.
Managing Attorney
Doctoral Degree
16,709 satisfied customers
I am living with my domestic partner whom I have been with
I am living with my domestic partner whom I have been with for 6 years. We have lived in our home for 3.5 years. We are joint tenants on the title. The cost of the home was $299,900, of which she put … read more
Lucy, Esq.
Lucy, Esq.
Juris Doctor
27,691 satisfied customers
In 2007 we purchased a home in Rancho Mirage Ca. with hopes
In 2007 we purchased a home in Rancho Mirage Ca. with hopes of retireing there after 5 yrears, We rented it for two years, then when the economy went south we not only lost more than 300k but were not… read more
JBaxLaw
JBaxLaw
Attorney
Doctoral Degree
8,080 satisfied customers
This is for Florida Condos. Im president of a 10 unit condo.
This is for Florida Condos. I'm president of a 10 unit condo. We have one unit under foreclosure. They are not paying their maintenance fees. We have had a lein on the unit since they stopped paying. … read more
Real Estate Expert
Real Estate Expert
Juris Doctor
1,970 satisfied customers
My husband and I are employed. We had a condo in 2001. In
My husband and I are employed. We had a condo in 2001. In 2006, we bought a home and rented our condo. In 2008, we had a child. In late 2007 just before the birth of the child, our renter got military… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,184 satisfied customers
I have a condo that I need to sell. My realtor is saying it
I have a condo that I need to sell. My realtor is saying it will only sell for $160k, but my mortgage is $218k. He is advising that we do a short sale. The difficulty comes in here: my partner is buyi… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
My wife bought a condo before we were married. We bought a
My wife bought a condo before we were married. We bought a house together since we got married. What ramifications are there if we foreclose on her condo?… read more
LisaBC
LisaBC
General Counsel
JD
8 satisfied customers
Should we stop making mortgage payments on our second home (rental) in Florida
We live in Ohio and our primary residence is worth approx. $540,000. We purchased a rental property in Florida with another couple in Sept. 2006. They had to back out due to financial issues leaving u… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,184 satisfied customers
Im in Texas, my mortgage ARM has reset and I cannot continue
I'm in Texas, my mortgage ARM has reset and I cannot continue to pay my mortgage. My income has taken a hit in the last couple of months which will make it impossible to pay the original monthly payme… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,184 satisfied customers

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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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Meet the Experts:

Barrister

Barrister

Lawyer

13,520 satisfied customers

19 years real estate, Realtor. Landlord 27 years

Ray

Ray

Lawyer

9,330 satisfied customers

Texas Attorney for 30 years dealing in real estate

LawTalk

LawTalk

Attorney

6,208 satisfied customers

I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.

Ely

Ely

Counselor at Law

5,000 satisfied customers

Qualified attorney in private practice including business, family, criminal, and real estate issues.

P. Simmons

P. Simmons

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3,844 satisfied customers

12+ yrs. of experience including real estate law.

ScottyMacESQ

ScottyMacESQ

Lawyer

2,578 satisfied customers

Licensed General Practice Attorney, Texas

J. Warren

J. Warren

Lawyer

1,290 satisfied customers

Experience in residential real estate and commercial leases.

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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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