Real Estate Law

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

Connect one-on-one with {0} who will answer your question

Related Real Estate Law Questions
Illinois homebuyer 2016 contract with owner, large balloon
Illinois homebuyer 2016 contract with owner, large balloon payment after four years coming due....I have paid more than the minimum amount several months to the owner, so it is not simple math to figu… read more
Attorney Bruce
Attorney Bruce
Attorney At Law
Doctoral Degree
5,577 satisfied customers
Q for real estate accountant??? Pursuant to Illinois statute
Q for real estate accountant??? Pursuant to Illinois statute 735 ILCS 5/15-1505.5 I am sending a certified letter to the seller of a home I purchased on contract where a large balloon payment is due i… read more
Maverick
Maverick
Doctoral Degree
8,053 satisfied customers
I would like some assistance in lining out the specifics of
I would like some assistance in lining out the specifics of a deal we are working on with an owner financed property as the buyers.… read more
Lori
Lori
Juris Doctor
7,539 satisfied customers
Balloon payment late fee on investment property, We have a
We have a 345K loan on a non-owner occupied property. We are refinancing it because it has a balloon payment .. it was due Feb. 1. The lender just gave us the payoff and included a 10% late fee of $34,500. We read through the note and sure enough they slipped that verbiage into the note and we just received a letter from them dated Feb. 1, postmarked March 8th notifying us of the late fee. Is this legal? … read more
Loren
Loren
41,339 satisfied customers
5 years ago, I purchased a home via Contract (owner
5 years ago, I purchased a home via Contract for deed (owner financing). A balloon payment was due within 2 years. About 2 months before the due date of the balloon payment, I contacted the company on… read more
Legalease
Legalease
Attorney At Law
Doctor of Law w/ highest honors
15,719 satisfied customers
What is the process new owner to take possession of a
What is the process new owner to take possession of a Multi-residential unit property in Chicago's Cook County, in the state of Illinois? I am in the process of purchasing a REO,; and neither the bank… read more
Maverick
Maverick
Doctoral Degree
8,053 satisfied customers
If you have had your property taxes sold, and you dont pay
If you have had your property taxes sold, and you don't pay what is owed by the end of the redemption period, can you be evicted from the property that day, or is there some kind of grace period? The … read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
Buyer has failed to make regular mortgage payments since August
Buyer has failed to make regular mortgage payments since August 2013. I contracted with a third party company to start NOD/Foreclosure process in March 2014 because of late payment issue. Third Party … read more
LawTalk
LawTalk
Attorney
Juris Doctor
6,208 satisfied customers
Hello, and thank you in advance. Background: I live in Illinois
Hello, and thank you in advance. Background: I live in Illinois and both my wife and I are WAY underwater on our condos (just presuming our total loss would be about 100k if we both sold traditionally… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
23,964 satisfied customers
Please tell me what property is exempt in Illinois as it relates
Please tell me what property is exempt in Illinois as it relates to a judgement. I own my home with my husband in tenants by the entireties for over 13 years. I also read that personal property in Il … read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I have a question in regards XXXXX XXXXX previous question. Since
I have a question in regards XXXXX XXXXX previous question. Since I filed chapter 7 jointly with my wife, will this delay her BK proceedings as well?… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I have a mortgage note (balloon mortgage - purchase money
I have a mortgage note (balloon mortgage - purchase money first mortgage) - signed on Sept. 1st 2011 that reads as follows: For value received, the undersigned promises to pay the principal sum of $18… read more
Isaac, Esq.
Isaac, Esq.
Attorney at Law
Doctoral Degree
40,898 satisfied customers
My husband is 30% owner of a condo in which he took out a mortgage.
My husband is 30% owner of a condo in which he took out a mortgage. He currently owes $68,000 on the mortgage. His stepfather owns the remaining 70% which he paid in full. Both my husband and his step… read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,462 satisfied customers
Hi, When I lived in Denver in 2002 or so I got suckered
Hi, When I lived in Denver in 2002 or so I got suckered into purchasing a spec home out in Aurora using 2 mortgages that shortly thereafter were transferred to Ocwen. The home was foreclosed on in abo… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I live in Chicago, Illinois. I bought a condo. In the beginning
I live in Chicago, Illinois. I bought a condo. In the beginning I was paying my assessments to the development company and stopped when they wanted me to present a blank check in my assessment amount.… read more
Loren
Loren
41,339 satisfied customers
Just lost my house and it was sold back to mortage company.
Just lost my house and it was sold back to mortage company. Can I go into court and force them to resell my house back to me . I owed about 130000 after all is said and done . I have around 8000 to pu… read more
Ellen
Ellen
Attorney
Doctoral Degree
20,875 satisfied customers
If a judgment of foreclosure is awarded to the bank on Monday
If a judgment of foreclosure is awarded to the bank on Monday March 2, 2009, how long will we have to vacate the property?… read more
P. Simmons
P. Simmons
Lawyer
Doctoral Degree
3,844 satisfied customers
I lived in my house for 5 yrs and paid a deposit. Is the ...
I lived in my house for 5 yrs and paid a deposit. Is the landlord suppost to put the money you gave him for a deposit in a seperate account.… read more
N Cal Atty
N Cal Atty
JD
7,457 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

13,520 satisfied customers

19 years real estate, Realtor. Landlord 27 years

Ray

Ray

Lawyer

9,330 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.

Ely

Ely

Counselor at Law

5,000 satisfied customers

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

P. Simmons

P. Simmons

Lawyer

3,844 satisfied customers

12+ yrs. of experience including real estate law.

ScottyMacESQ

ScottyMacESQ

Lawyer

2,578 satisfied customers

Licensed General Practice Attorney, Texas

J. Warren

J. Warren

Lawyer

1,290 satisfied customers

Experience in residential real estate and commercial leases.

< 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