Real Estate Law

Have real estate law questions? Ask a real estate lawyer.

Ask a Lawyer,
Get an Answer ASAP!

2nd mortgage lender placed lien on property 8yrs ago. Real…

Customer Question
2nd mortgage lender placed...

2nd mortgage lender placed lien on property 8yrs ago. Real estate attorney reviewed docs/contract and described loan as the most egregious case of predatory lending his seen in his 40yrs of practice.

Lawyer's Assistant: The Fraud Examiner will know what to do. Please tell me everything you can so the Fraud Examiner can help you best.

Had my home on the market, went to the county to research property as directed via internet (thinking of selling your home) found lien had been placed on property by 2nd mortgage lender 8yrs ago. Contacted lien holder settled on an amount,(70000) when I asked for settlement docs to be forwarded to title co. They refused said they would not settle for less than full amount (300000). I asked for doc's?contracts pertaining to the account. Had real estate attorney review doc's, he determined the loan was the most egregious case of predatory lending he's seen in his 40yrs of practice.

Lawyer's Assistant: Is there anything else the Fraud Examiner should be aware of?

The home is in escrow.

Submitted: 8 months ago.Category: Real Estate Law
Show More
Show Less
Ask Your Own Real Estate Law Question
Answered in 2 hours by:
9/28/2017
Real Estate Lawyer: Asad Rahman, Lawyer replied 8 months ago
Asad Rahman
Asad Rahman, Lawyer
Category: Real Estate Law
Satisfied Customers: 2,443
Experience: Practicing Attorney with 10 years experience
Verified

I am sorry to hear this. I am not sure what your specific question is.

Ask Your Own Real Estate Law Question
Customer reply replied 8 months ago
I need representation to have the lien removed from title so I can move forward with sell of property
Real Estate Lawyer: Asad Rahman, Lawyer replied 8 months ago

What state are you based in?

Ask Your Own Real Estate Law Question
Customer reply replied 8 months ago
calif
Real Estate Lawyer: Asad Rahman, Lawyer replied 8 months ago

ok. I'm not licensed in attorney so let me opt out so a california expert can assist.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Michael Bradley,
 replied 8 months ago
Michael Bradley
Category: Real Estate Law
Satisfied Customers: 1,377
Experience: Owner at The Protection Group LLC
Verified

did you sign a note and mortgage for the 2nd mortgage?

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Michael Bradley,
 replied 7 months ago

have you made any payments?

Ask Your Own Real Estate Law Question
Customer reply replied 7 months ago
we sign documents in 2006 paid until 2009 when it was paid off or we thought it was paid off
Real Estate Lawyer: Michael Bradley,
 replied 7 months ago

have they given you an accounting?

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Michael Bradley,
 replied 7 months ago

briefly what is the basis for your claim of predatory lending?

Ask Your Own Real Estate Law Question
Customer reply replied 7 months ago
The outrageous interest amount the entries on the financial statement that don't pertain to us different dollar amounts for contract and actual statement unauthorized advances We Believe simply that our account number got mixed up with another
Real Estate Lawyer: Michael Bradley,
 replied 7 months ago

and they have not been willing to investigate for you

Ask Your Own Real Estate Law Question
Customer reply replied 7 months ago
They're asking for $300,000 they say it's worth it for them to go to court and take the risk
Real Estate Lawyer: Michael Bradley,
 replied 7 months ago

it seems that your hands are tied and I would retain an attorney and file suit against the creditor

Ask Your Own Real Estate Law Question
Was this answer helpful?
Ask Michael Bradley Your Own Question
Michael Bradley
Michael Bradley
Michael Bradley
Category: Real Estate Law
Satisfied Customers: 1,377
1,377 Satisfied Customers
Experience: Owner at The Protection Group LLC

Michael Bradley is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Tina

Tina

Lawyer

5,436 satisfied customers

17 years of legal experience including real estate law.

Barrister

Barrister

Lawyer

11,126 satisfied customers

17 years real estate, Realtor. Landlord 26 years

Infolawyer

Infolawyer

Lawyer

7,785 satisfied customers

Experienced lawyer

Ray

Ray

Lawyer

7,559 satisfied customers

Texas Attorney for 30 years dealing in real estate

LawTalk

LawTalk

Attorney

6,207 satisfied customers

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

Dimitry Esquire

Dimitry Esquire

Attorney

5,526 satisfied customers

JA Mentor, multiple jurisdictions, specialize in business/contract disputes, estate creation & admin

Ely

Ely

Counselor at Law

4,925 satisfied customers

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

< Previous | Next >

Related Real Estate Law Questions
who pays th escrow company cancelllation fee if the house
who pays th escrow company cancelllation fee if the house does not go through because buyer unable to obtain a mortgage… read more
KimberlyLaw
KimberlyLaw
Principal Attorney
Master\u0027s Degree
3,905 satisfied customers
Are real estate investors allowed to contact list pendens
Are real estate investors allowed to contact list pendens recipients? If not, who is? Is there any legal way to conduct a purchase of the property without breaking any contact law? … read more
Barrister
Barrister
Lawyer
Doctoral Degree
11,126 satisfied customers
I think I became a victim of real estate fraud. Not yet.
Hi, I think I became a victim of real estate fraud … read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,126 satisfied customers
A landlord signed the attached agreement with a real estate
A landlord signed the attached agreement with a real estate to rent a few apartments. The landlord has his own listing on streeteasy that state by owner no fee. a secondary real estate contacted the o… read more
Lori
Lori
Juris Doctor
1,375 satisfied customers
I think a person failed to be honest in a real estate
I think a person failed to be honest in a real estate situation … read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
Can an attorney in local govenemnt sponsor real estate
Can an attorney in local govenemnt sponsor real estate agents as if he was a real estate broker? … read more
Phillips Esq.
Phillips Esq.
Attorney
JD
19,603 satisfied customers
Real estate mortgages, I got a mortgage with an adj rate its
real estate mortgages , I got a mortgage with an adj rate its the 1 year libor plus 2.25 percent, is this ok or would the treasury index been better ?… read more
Lori
Lori
Juris Doctor
1,375 satisfied customers
In a transaction involving a "gift of real estate" there is
In a transaction involving a "gift of real estate" there is no consideration (it's a gift). If the gift deed is recorded is it protected from third party claims or can it be challenged because there w… read more
Barrister
Barrister
Lawyer
Doctoral Degree
11,126 satisfied customers
Real estate Question Can you define “wholesale real estate”
Real estate Question Can you define “wholesale real estate” & “Bandit”sign? Also, are bandit signs legal in Michigan?… read more
LegalGems
LegalGems
Juris Doctorate
11,979 satisfied customers
Need a real estate lawyer in city. I signed a real estate
I signed a real estate contract without my thinking through but would like to cancel the contract. what can I do without getting sued? … read more
TaxAttorneytoHelp
TaxAttorneytoHelp
Owner
Doctoral Degree
2,542 satisfied customers
This is a real estate issue. We are the sellers of a home.
This is a real estate issue. We are the sellers of a home. Our next door neighbor's propane tank is encroaching on our property by two ft. The neighbor has verbally agreed to have it relocated but it … read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,126 satisfied customers
Is an Agreement for the Sale of Commercial Real Estate
Is an Agreement for the Sale of Commercial Real Estate binding if only the Husband signs the Agreement although both the husband and wife are on the deed for the property … read more
Ray
Ray
Lawyer
Doctoral Degree
7,559 satisfied customers
Is there a real estate loan for business where the borrower
Is there a real estate loan for business where the borrower pays monthly for several years and then closes the loan with a large balloon payment?… read more
Damien Bosco
Damien Bosco
Attorney
Doctoral Degree
4,537 satisfied customers
Does a real estate investment fund need a real estate
Does a real estate investment fund need a real estate license to operate? The crowd funding company's real estate broker license was suspended since 11/11/2017 due to several violations that was broug… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
I have a real estate question. I inherited a mortgaged home
I have a real estate question. I inherited a mortgaged home in the state of Florida. Probate has already taken place and the deed is in my name. Queston is will the mortgage company give me a hard tim… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I own a commercial real estate mortgage co. I operate under
Hello, I own a commercial real estate mortgage co. I operate under a California Finance Lender's License (CFLL). I would appreciate it if you can tell me if it is legal to pay someone a referral fee o… read more
KLAW
KLAW
Juris Doctorate
2,115 satisfied customers
This is a real estate question. I have an escrow being tied
this is a real estate question. I have an escrow being tied up due to a property that was loan denied. per sellers lawyer they feel I breached contract due to time frame. Both the broker & my real est… read more
Barrister
Barrister
Lawyer
Doctoral Degree
11,126 satisfied customers
I currently hold a Real Estate License and Mortgage License
I currently hold a Real Estate License and Mortgage License in the state of Colorado. I am being told that I am a risk to hire from a local Real Estate Office because hold both. I do not double side a… read more
Infolawyer
Infolawyer
Lawyer
Doctoral Degree
7,785 satisfied customers

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).

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).

Show MoreShow Less

Ask Your Question

x