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I am looking to find answers on tax implications of
I am looking to find answers on tax implications of transferring property between brothers … read more
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I have filed modification. I lost the house in a divorce. My
I have filed for home modification. I lost the house in a divorce. My ex filed for bankruptcy , my name was still on the loan and deed. The offer is I pay 716.00 for 90 day trial period and then the p… read more
LegalKnowledge
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I purchased my home in 2005 for $507,000. I started renting
I purchased my home in 2005 for $507,000. I started renting it out in Oct 2012. I have an ARM 6 mo libor mortgage so the rate is at 2.5% currently. I owe $400,000 on the house. My monthly mortgage pay… read more
J. Warren
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My boss bought a lot of land in 1999 for $100,000, and built
My boss bought a lot of land in 1999 for $100,000, and built a house on it in 2000. He sold the house in 2013 for $700,000. His files contain the "settlement statement" for the purchase of the lot. Ho… read more
Richard
Richard
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If you refinance your home at a lower apr to lower your payments
If you refinance your home at a lower apr to lower your payments and you already have had your home property taxes lowered because of the value of your home, will those taxes be readjusted according t… read more
Kathie Russell
Kathie Russell
attorney
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We left our primmary house last year 7/2011. we bought a
we left our primmary house last year 7/2011. we bought a house 99,000.which we can aford now. we are current on our payments on both houses at this time. we are renting out that house and taking a los… read more
Barrister
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I owe 86,000 on my house. I have the money to pay it off. Is
I owe 86,000 on my house. I have the money to pay it off. Is it better to refinance, pay it off or just increase the number of monthly payments?… read more
P. Simmons
P. Simmons
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We are thinking of letting our house go back to Bank of America,
We are thinking of letting our house go back to Bank of America, we refinanced through Country Wide and they were bought by B of A. My husband is 65 and about to retire, he has had some heart problems… read more
LegalKnowledge
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I live in AZ and bought a house in 07. The loan is a Jumbo
I live in AZ and bought a house in '07. The loan is a Jumbo loan and an Interest Only loan at 6.2% adjustable at 1% per year and will adjust in August '12. We've had the value of the home drop by almo… read more
Alex J. Esq.
Alex J. Esq.
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In 2006 my Ex-girlfriend and I purchased a home together.
In 2006 my Ex-girlfriend and I purchased a home together. We separated in 2007. We had a verbal agreement that she would refinance as soon as possible. She is now remarried and my name is XXXXX XXXXX … read more
lwpat
lwpat
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I live in Illinois and recently purchased a Single family Home
I live in Illinois and recently purchased a Single family Home in Aug 2008 with 3% down FHA loan, Property purchase price $415000. Two and half years later I just found out that my wife is diagnosed w… read more
Alex J. Esq.
Alex J. Esq.
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Doctoral Degree
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I divorced four years ago and in the settlement aggreement,
I divorced four years ago and in the settlement aggreement, my ex was awarded the home that we bought together so I was taken off the deed. the agreement also stated that she must refinance as soon as… read more
Lucy, Esq.
Lucy, Esq.
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Hello! I bought a new home in 2010 with my husband. We are
Hello! I bought a new home in 2010 with my husband. We are renting out our previous home of 15 years. IF we file our tax returns for 2010 and show our previous property as a rental, how does that effe… read more
Brent Blanchard
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TEXAS I am not sophisticated regarding money and real estate
TEXAS I am not sophisticated regarding money and real estate transactions. I own a business that was doing really well, bought a home that I should never have bought-- too expensive. now my business h… read more
Law Pro
Law Pro
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Purchase home 1994 w/my late husband (died 2002), went through
Purchase home 1994 w/my late husband (died 2002), went through layoff & career change, & I refinanced twice since his death. Jan 2009 moved to new city and rented home, re-married June 2009. I recentl… read more
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I am facing a closing date of March 1st, and pre-signed the
I am facing a closing date of March 1st, and pre-signed the closing documents yesterday. The sale price for the condo was $250,000. The realtor emailed the documents to the buyer today and was told th… read more
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We bought a home in Nevada in 2006 for $585,000. A year ago
We bought a home in Nevada in 2006 for $585,000. A year ago we needed to make a job change and moved to Missouri. We had an accepted offer on the house for $575,000, but the buyer walked away from it … read more
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hi we own two homes one has a bridge loan owed on it while
hi we own two homes one has a bridge loan owed on it while we try and sell it. The second home we built and pay our mortgage on time etc...We used some of the equity on the first home for the down pay… read more
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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

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.

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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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