Real Estate Law

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

Ask a Lawyer,
Get an Answer ASAP!

Carried back a loan on real estate, many payments are late…

Customer Question
Carried back a loan...

Carried back a loan on real estate, many payments are late and some never paid . Is he late on all payments after the missed payment>

Lawyer's Assistant: Because real estate law varies from place to place, can you tell me what state this is in?

Calif.

Lawyer's Assistant: Has any paperwork been filed?

No

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

No, I am putting a demand for total balance

Submitted: 9 months ago.Category: Real Estate Law
Show More
Show Less
Ask Your Own Real Estate Law Question
Answered in 1 minute by:
12/14/2017
Real Estate Lawyer: Infolawyer, Lawyer replied 9 months ago
Infolawyer
Infolawyer, Lawyer
Category: Real Estate Law
Satisfied Customers: 64,586
Experience: Experienced lawyer
Verified

Hello and welcome. I am working on your answer and will be right back!

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Infolawyer, Lawyer replied 9 months ago

what can I answer for you about this situation?

Ask Your Own Real Estate Law Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a real estate lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Barrister Your Own Question
Barrister
Barrister
Barrister, Lawyer
Category: Real Estate Law
Satisfied Customers: 12,400
12,400 Satisfied Customers
Experience: 17 years real estate, Realtor. Landlord 26 years

Barrister 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:

Barrister

Barrister

Lawyer

12,400 satisfied customers

17 years real estate, Realtor. Landlord 26 years

Infolawyer

Infolawyer

Lawyer

64,586 satisfied customers

Experienced lawyer

Ray

Ray

Lawyer

8,253 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.

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

4,998 satisfied customers

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

P. Simmons

P. Simmons

Lawyer

3,572 satisfied customers

12+ yrs. of experience including real estate law.

< Previous | Next >

Related Real Estate Law Questions
My husband and I are presently attempting to resolve a
Good morning. My name is***** and my husband and I are presently attempting to resolve a situation with a second mortgage that we took out in 2001. We have recently contacted the Al State Banking Dept… read more
Maverick
Maverick
Doctoral Degree
6,494 satisfied customers
My real estate business (multi member LLC) in Texas sold one
My real estate business (multi member LLC) in Texas sold one of our single family homes and financed the transaction, so we are now a lender. If the borrower misses a payment, they will have a princip… read more
Ray
Ray
Lawyer
Doctoral Degree
8,253 satisfied customers
Being a holder of a note home, what options do I have
Being a holder of a note home, what options do I have to get the balance? Sold home 2007 and balance now due about $65,000. Payments have been never late. Spoken with person to get a loan but doesn't … read more
DamienJD
DamienJD
Attorney
Doctoral Degree
5,605 satisfied customers
we have been purchasing our home on a real estate contract
we have been purchasing our home on a real estate contract for. the last 7 1/2 years. when the loan is 15 days late we receive a demand. I have always paid prior to the demand deadline except for this… read more
Attyadvisor
Attyadvisor
Doctoral Degree
8,543 satisfied customers
Sir or Madam For many years, I paid my mortgage payments
Sir or Madam For many years, I paid my mortgage payments on time and have never missed a payment. Then, suddenly, they told me that I must send them extra money that they would put into their escrow a… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
This is a real estate/condominium dues question: We are a
This is a real estate/condominium dues question: We are a small (six units) condominium association -- the board is comprised of all the owners; we do not have a management company. One of the units d… read more
A-LEGAL-MIND
A-LEGAL-MIND
Attorney
Doctoral Degree
142 satisfied customers
Just a basic question. On a Contract for Deed, can I put a
Just a basic question. On a Contract for Deed, can I put a house I am making payments up for sale on a contract, or do I need clear title to it first?… read more
Tina
Tina
Doctoral Degree
83 satisfied customers
I purchased a lot in La Quinta, Calif for $3M 5 years ago with
I purchased a lot in La Quinta, Calif for $3M 5 years ago with the American Bank in Bozeman providing the loan.....The ownership was taken in Family Trust with my wife and myself as TTE....I have not … read more
Dimitry Esquire
Dimitry Esquire
Attorney
Doctoral Degree
5,526 satisfied customers
3/10 I was laid off and went on unemployment. Around 9/10
3/10 I was laid off and went on unemployment. Around 9/10 we did a Unemployment Mortgage Assistance with Wachovia who has since been turned over to Wells Fargo. We are now applying for a Home Modifica… read more
Dimitry Esquire
Dimitry Esquire
Attorney
Doctoral Degree
5,526 satisfied customers
does a notice of default and payment demand actually start
does a notice of default and payment demand actually start the foreclosure process ? the bank is asking for a sum i can easily make to bring loan current ...is it save to say they will reinstate loan … read more
TaxAttorneytoHelp
TaxAttorneytoHelp
Owner
Doctoral Degree
2,542 satisfied customers
We are currently have to go through a civil suit. My questions
We are currently have to go through a civil suit. My questions are as follows: 1. If the landlord accecpts a verbal agreement for rent payment different from the contract does the verbal one hold up i… read more
Dave Kennett
Dave Kennett
Doctoral Degree
25,741 satisfied customers
I understand that a balloon payment is now illegal. Is this
I understand that a balloon payment is now illegal. Is this true if you took out a loan 5 years ago and the full payment is due in July 2011? My real estate agent told me that the balloon payment law … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I am veteran who lended out some money to a investor for a
I am veteran who lended out some money to a investor for a real estate rehab project. I had him sign a promisary note stating that he will pay the loan 3 months later with 15% interest. 10 months late… read more
Barrister
Barrister
Lawyer
Doctoral Degree
12,400 satisfied customers
I have a 1st td not a purchase money td for $166,000 I have
I have a 1st td not a purchase money td for $166,000 I have an equity line of $250,000 for a totaly of $416,000. the property is worth between $375-400,000. What do I do, I live In California and am j… read more
Infolawyer
Infolawyer
Lawyer
64,586 satisfied customers
I want to refinance my mortgage, but my current balance is
I want to refinance my mortgage, but my current balance is $275,000 and the current market value is about $225,000. My mortgage company, Wells Fargo Bank, says that they can't help me unless I'm at le… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
Question concerning Real Estate. Have a purchase contact with
Question concerning Real Estate. Have a purchase contact with a builder. Contract was written as $8,000.00 down, $2,500.00 per month for six years (principle only loan). At the end of 6 yrs. our optio… read more
Infolawyer
Infolawyer
Lawyer
64,586 satisfied customers
4 years ago we borrowed some money from a friend and signed
4 years ago we borrowed some money from a friend and signed a contract, using our house as collateral, and have been making payments as agreed in the terms of the loan. The lender never filed a lien w… read more
ctlawyer
ctlawyer
Attorney at Law
Juris Doctor
572 satisfied customers
My friend owns a home in So. Calif. (free and clear w/no ...
My friend owns a home in So. Calif. (free and clear w/no mortgage) that he's had for 25 years; it's worth approx. $200K. He doesn't work (is disabled) and has few expenditures. He wants to borrow agai… read more
maureen
maureen
Bachelor's Degree
36 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