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Related Real Estate Law Questions
I held a mortgage note for 4 years and now the mortgagor
i held a mortgage note for 4 years and now the mortgagor defaulted in the balloon payoff on April1st, now I need to send a demand letter with 5% late payment on the $144,000 plus max interest in Flori… read more
Ray
Ray
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I have a promissory note for a house in Atlanta Georgia that
I have a promissory note for a house in Atlanta Georgia that is long overdue. I would like to foreclose on this house and get my money back. Do you have any contacts that may be able to assist me? … read more
KLAW
KLAW
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My LLC, entered into an owner-financed purchase of
I am the president of an LLC, I entered into an owner-financed purchase on non-residential property in Texas 04/2014. My tenant has been making monthly payments to the owner of $1200/month since the a… read more
socrateaser
socrateaser
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Is there any license of any type required in Ohio for an LLC
Is there any license of any type required in Ohio (please consider Federal laws that apply as well e.g. SAFE and Dodd-Frank) for an LLC to lend money to another LLC using a note secured by a first lie… read more
WiseOwl58
WiseOwl58
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have been notified that owners are attempting to recoup fees from (me) a 2009 foreclosure.
have been notified that owners are attempting to recoup fees from (me) a 2009 foreclosure. indicates to contest/request a hearing must be done in writing. I'm don't know what the letter should say. Ha… read more
Law Pro
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does a home mortgage become due and payable to the entity holding
does a home mortgage become due and payable to the entity holding the mortgage if the property secured by the mortgage is transferred to a living revocable trust in the name of the person who took out… read more
ScottyMacESQ
ScottyMacESQ
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Does Oregon Revised Statute 86.770(2) apply to condominium
Does Oregon Revised Statute 86.770(2) apply to condominium units? I am foreclosing on a condo and am unsure if it is covered by Oregon's anti-deficiency rules. My understanding is that it applies to "… read more
Law Pro
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My friend has house A, being foreclosed on, in GA. He has
My friend has house 'A', being foreclosed on, in GA. He has purchased house 'B' in NC. I have financed house 'B'. He has been told that, after foreclosure, he could be sued for any outstanding amounts… read more
Richard
Richard
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I loaned money to a friend using a promissory note (I live
I loaned money to a friend using a promissory note (I live in Texas and the property is in Texas) to buy a house for rental purposes. There was no lien placed on the property by me at the time of the … read more
Richard
Richard
Owner
Doctoral Degree
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I need to foreclose on an owner (me) financed mortgage. No
I need to foreclose on an owner (me) financed mortgage. No deed was ever given to the buyer. The mortgage document was notarized and, later, filed by the buyer. The buyer is in default. In Alabama....… read more
BizAttorney
BizAttorney
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ok if there is no distinction between the holder and the owner
ok if there is no distinction between the holder and the owner then i am truly confused, as you know my loan was securitized and issued with a pool of loans as mortgage backed securities, and sold to … read more
socrateaser
socrateaser
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Im the owner/landlord/manager/lessor of a LLC condo. On the
I'm the owner/landlord/manager/lessor of a LLC condo. On the affidavit should i insert owner/lessor/landlord's agent/?… read more
socrateaser
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In a situation in which rented Commercial RE Prop is held by
In a situation in which rented Commercial RE Prop is held by a NV domiciled/chartered LLC-- Title,Trust Deed, Note---all in name of the LLC------does the language of the Recourse/non-Recourse clause a… read more
Law Pro
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I purchased a condo in 2005 for $311,000 in San Diego, CA.
I purchased a condo in 2005 for $311,000 in San Diego, CA. I paid for the property with two loans, an 80/20. The second loan was a home equity line of credit. I had to let the home foreclose a couple … read more
Roger
Roger
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I have a convertible promissory note in which an LLC wants
I have a convertible promissory note in which an LLC wants to borrow money to purchase and rehabilitate a property. I need the document reviewed to make sure everything is in order. Can you do this?… read more
Barrister
Barrister
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Doctoral Degree
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We are in foreclouser, have moved out, got notice selling 3/15/2010,
We are in foreclouser, have moved out, got notice selling 3/15/2010, we have no assests and we only owe on the codo, what should we be doing? I have had stroke, wife has lost job a year ago, ages 65 a… read more
Real Estate Expert
Real Estate Expert
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i owe $1,650,000. on my first and all payments are up to date,
i owe $1,650,000. on my first and all payments are up to date, however i am 13 months behind on my $400.000. heloc with washington mutural ( different bank then my 1st) can and do you think they will … read more
Ellen
Ellen
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Can a 2nd lien holder obtain a deficiency judgment after the
Can a 2nd lien holder obtain a deficiency judgment after the 1st lien holder forecloses on a property in the state of oregon?… read more
P. Simmons
P. Simmons
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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

14,381 satisfied customers

19 years real estate, Realtor. Landlord 27 years

Ray

Ray

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10,023 satisfied customers

Texas Attorney for 30 years dealing in real estate

LawTalk

LawTalk

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I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.

Ely

Ely

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5,005 satisfied customers

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

P. Simmons

P. Simmons

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4,101 satisfied customers

12+ yrs. of experience including real estate law.

ScottyMacESQ

ScottyMacESQ

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2,702 satisfied customers

Licensed General Practice Attorney, Texas

J. Warren

J. Warren

Lawyer

1,293 satisfied customers

Experience in residential real estate and commercial leases.

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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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