Real Estate Law

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Related Real Estate Law Questions
I own 50% of a house with my brother that we inherited 5
I own 50% of a house with my brother that we inherited 5 years ago from our mother. My brother moved in shortly after and has been paying the mortgage. I informed him that I would like to settle the m… read more
Lori
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Is it common practice, on a new construction, to ask for
Is it common practice, on a new construction, to ask for closing costs before the start of construction on a new house? … read more
Barrister
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Lawyer
Doctoral Degree
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I Have had 2 of my best friends recently pass,they willed me
I Have had 2 of my best friends recently pass,they willed me the houise with his niece; there is a heloc on it,,are we responsible for the heloc? or did it die with them? Atlanta ga … read more
Barrister
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I want to take out a mortgage on my primary residence for
I want to take out a mortgage on my primary residence for 350K to pay down a debt on a moorage I have on my line of credit which I used to purchase a house for my daughter. Is the interest fully deduc… read more
Barrister
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I signed a promissory note for 118,000. To be paid at time
I signed a promissory note for 118,000. To be paid at time of sale. What happens if the real estate is sold and there's less then118,000.? … read more
LegalKnowledge
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Gm I have a house built by in 2004, the house is in Alabama
the house is in Alabama I live in florida I am Darrel Henderson, my wife and I had Jim Walter build a house for my mother to live in the Prattville, Alabama in 2004. Jim Walter also built my mother's original house in 1960 on the same property they constructed the new house. It wasn't until 2009 that it was brought to our attention that both houses were on the wrong property when there was a notice that the taxes hadn't been paid and would be put up for sale. At that point to keep my mother in her home, we began paying property taxes for the property where the house should have been built and the property that the house is actually on. Unfortunately due to this circumstance as well as a few other unforseen life circumstances, we fell behind on the mortgage and the house is now in foreclosure. The mortgage was sold to a few companies since then and is now with Ditech. Our question for is, Is there any legal way out of this situation we're in and still keep my mother in her home and on the property that belongs to us? … read more
Irwin Law
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Oh I am in a bankruptcy chapter 13 I just received an
Oh hello I am in a bankruptcy chapter 13 I just received an approved loan modification from my lender. The only problem is that my heloc is in first position and has no interest in subordination of the loan. They want me to reinstate the account and pay the past due before they consider a subordination should I be live them? … read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
11,597 satisfied customers
My property line runs diagonally under my neighbor's hill 6
My property line runs diagonally under my neighbor's hill 6 story high, very steep hill. A 4 inch rain caused a mud / land slide from his hill above my property down unto my property. I now have a 10 … read more
Law Pro
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I sold a house in central Florida. It was in foreclosure and
I sold a house in central Florida. It was in foreclosure and the company that wanted to purchase it via short sell, asked me to fill out general paperwork. I completed the paperwork and they went to w… read more
Legalease
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Doctor of Law w/ highest honors
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This is a complicated one. I built a house in 2006 in MT. once
This is a complicated one. I built a house in 2006 in MT. once I was able to occupy the property I closed in my first mortgage from Wells Fargo to pay off the construction loan. At this time I had a c… read more
max713
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When a HELOC borrower gets hit with a deficiency judgement
When a HELOC borrower gets hit with a deficiency judgement and the borrower has moved to another state, does the judgement follow or must a new action be filed in the second state?… read more
N Cal Attorney
N Cal Attorney
JD
6,951 satisfied customers
I filed for BK 13 on 12/23/2009 and I am paying 100%. I have
I filed for BK 13 on 12/23/2009 and I am paying 100%. I have an original Mortgage which I am paying on time with a balance of 189,000. I have 1 HELOC paying interest only @ 3.+% and a second HELOC pay… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
Im going to strategically default on my mortgage. I have a
I'm going to strategically default on my mortgage. I have a heloc in the amount of $31k. What's the bet way to handle this loan? I have good credit, cash in the bank, etc. My inclination is to try and… read more
cfortunato
cfortunato
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I own a home in Citrus Heights, CA, on which we currently owe
I own a home in Citrus Heights, CA, on which we currently owe about $290K, which could be probably be sold for about $180-200K. What are my options for getting out of this home, and what are the poten… read more
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cfortunato
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Hi, I have a mortgage refinance question. I just had closing
Hi, I have a mortgage refinance question. I just had closing on Monday for refinance my house. And they called me today and they said the closing documention are cancelled because I did take HELOC ( f… read more
Alex J. Esq.
Alex J. Esq.
Managing Attorney
Doctoral Degree
15,551 satisfied customers
Hi, I have a question about my HELOC from a home that foreclosed
Hi, I have a question about my HELOC from a home that foreclosed in NJ back in 2007... I bought the home for $250K - they did the main mortgage and then a HELOC for 37,500. I lost my job and went thro… read more
Ellen
Ellen
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Doctoral Degree
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I need someone with expertise in real estate matters regarding
I need someone with expertise in real estate matters regarding California Law; specifically foreclosure. Facts: Heading toward foreclosure. Have a 1st and a 2nd (Equity Line of Credit -HELOC) with the… read more
wallstreetfighter
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Doctoral Degree
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Hello, I have a question regarding investment property purchased
Hello, I have a question regarding investment property purchased using a HELOC. I am in the middle of a very bitter divorce in the state of Arizona. Although we have title to the investment property, … read more
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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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