Real Estate Law

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

Ask a Lawyer,
Get an Answer ASAP!

Related Real Estate Law Questions
What would my liability be for a deficiency judgement from
What would my liability be for a deficiency judgement from my 2nd mortgage, and/or any tax consequences, if I do a deed-in-lieu of foreclosure with the 1st mortgage, and the 2nd mortgage does not agre… read more
J. Warren
J. Warren
Attorney
Doctoral Degree
2,251 satisfied customers
Im currently going through a short sale process due to a job
I'm currently going through a short sale process due to a job relocation out-of-state. The 2nd mortgage holder is refusing to provide the mortgage interest tax 1099 form necessary to file with my annu… read more
Attyadvisor
Attyadvisor
Doctoral Degree
9,241 satisfied customers
I need advice from a lawyer knowledgeable in CALIFORNIA Real
I need advice from a lawyer knowledgeable in CALIFORNIA Real Estate & Foreclosure law. I own a house with a 1st and 2nd mortgage in CA. The real estate collapse was especially hard in my area and my h… read more
Barrister
Barrister
Lawyer
Doctoral Degree
12,142 satisfied customers
Thank you so very much for this service. This may try your
Thank you so very much for this service. This may try your patience, as my situation is complicated. Although I paid for an hour already with a real estate attorney, and have spoken with numerous real… read more
evanesq
evanesq
Managing Attorney
Doctoral Degree
960 satisfied customers
I own a house in Anne Arundel County MD. Due to Divorce and
I own a house in Anne Arundel County MD. Due to Divorce and job movement I could no longer make the payments. Due to the housing market I am upside down on the loan. Wells Fargo advised me I could do … read more
LawTalk
LawTalk
Attorney
Juris Doctor
6,208 satisfied customers
I tried for 3 years to short sale my home. The 2nd mortgage
I tried for 3 years to short sale my home. The 2nd mortgage would never agree to sell( both mortgages were Wells Fargo). I finally had to let it foreclose. Shortly after, I received a 1099 from the 2n… read more
Legalease
Legalease
Attorney At Law
Doctor of Law w/ highest honors
15,719 satisfied customers
When I abandoned my property I had 2 mortgages. I received
When I abandoned my property I had 2 mortgages. I received a 1099, cancellation of debt for the 1st one in January 2011. However, no 1099 for the 2nd one! What is the statute of limitations in issuing… read more
Richard
Richard
Owner
Doctoral Degree
50,786 satisfied customers
I live in Minnesota and own a vacation home in Florida and
I live in Minnesota and own a vacation home in Florida and am having increasing trouble making the morgage payments. The 2nd loan is an ARM which comes due 7/12 and I am concerned the 2nd mortgage com… read more
LawTalk
LawTalk
Attorney
Juris Doctor
6,208 satisfied customers
I live in Olathe, KS (in Johnson County). We currently have
I live in Olathe, KS (in Johnson County). We currently have two mortgages on our home. The first is a FHA 30 yr fixed at 6% with Wells Fargo. The second is a 115% PEL loan through HSBC at 13%. We are … read more
Phillips Esq.
Phillips Esq.
Attorney
JD
21,074 satisfied customers
I had to relocate for my job in June 2009. I bought my house
I had to relocate for my job in June 2009. I bought my house at the top of the market, am now underwater. I am renting it out for 1700 less than the mortgage, which is interest only until 2017. I want… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
21,074 satisfied customers
We received a 1099 C Cancellation of Debt due to a short sale We
We received a 1099 C Cancellation of Debt due to a short sale We received a 1099 C Cancellation of Debt due to a short sale of a house. My husband brought the house for 97,000 in 1997 and the short sa… read more
Loren
Loren
35,920 satisfied customers
I have a rental house in Richmond California and I am seriously
I have a rental house in Richmond California and I am seriously upside down (it is worth about 150K and I owe 320K on it. I have tenants in the home now. The lendor is Wells Fargo Bank. I bank with We… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
21,074 satisfied customers
We had an offer on our primary home that covered the 1st mortgage
We had an offer on our primary home that covered the 1st mortgage and all expenses but not our equity loan. We tried to get the bank (Wells Fargo/Wachovia) to allow us to move the equity loan to our n… read more
Richard
Richard
Owner
Doctoral Degree
50,786 satisfied customers
Can a second mortgage company in Colorado come after me if
Can a second mortgage company in Colorado come after me if my home goes into foreclosure? I know the answer is yes, but I want to find out a bit more. I have a 168k 1st and a 20k second. The home's va… read more
lwpat
lwpat
Doctoral Degree
6,615 satisfied customers
I am too far gone for saving. I need to know what I should
I am too far gone for saving. I need to know what I should do with my property (Short Sale; Foreclose, or?) Major BILLS Mortgage1 $129,000 (1/2 of Duplex - currently rents for $600.00/month - $1160/mo… read more
Law Educator, Esq.
Law Educator, Esq.
125,342 satisfied customers
Here are short sale approval letters from both my first (Aurora)
Here are short sale approval letters from both my first (Aurora) and second (Wells Fargo) lenders. I want to make sure that the language in the letters makes certain that I will not have any chance of… read more
AlanM
AlanM
Law Degree
817 satisfied customers
My husband and I took a 2nd out on our home of over 10 years.
My husband and I took a 2nd out on our home of over 10 years. We used the money to put down on a new home feeling sure the old house would sale. It has been 2+ years and the old house has not sold and… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
21,074 satisfied customers
I have a rental property that is in pre foreclosure. I have
I have a rental property that is in pre foreclosure. I have informed the tenants that the home has lost 60% in value and I lose $900.00 a month on the property. I met with them and I tried to have rea… read more
Colin Beach
Colin Beach
Doctoral Degree
29 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).

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

12,142 satisfied customers

17 years real estate, Realtor. Landlord 26 years

Infolawyer

Infolawyer

Lawyer

8,377 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 >

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