Your association placed a lien against your home with no notice or bill statement you had sent a check and thought it was cashed?
It is your responsibility to follow through and make sure your payment is accepted. If you have a lien against your home, a judge has determined that you owe a debt that needs to be satisfied. You could hire an attorney to help you fight this situation.
If you live in Ohio and your in-laws died leaving all assets to your husband is it half yours if you had to finish paying off their house and car after their death and no cash was involved?
Answer If you were to leave your husband than half of all he owns his yours including his Retirement Fund. However, if you remain married it should be a "given" that the money is both yours. My husbands father passed first, the Estate automatically went to my mother-in-law, but when she passed she divided her Estate amongst the 4 siblings. When my husband received his portion it was considered "our money." A year ago my… Read More
Yes. You still need to protect your investment.
You can only "protect yourself" by making sure the loan is paid off and getting a release from the bank BEFORE you take title. Check with your state DMV to learn the procedure for removing a bank lien from the title.
You should receive the deed immediately when you hand over the consideration. The deed should then be recorded immediately in the land records.You should receive the deed immediately when you hand over the consideration. The deed should then be recorded immediately in the land records.You should receive the deed immediately when you hand over the consideration. The deed should then be recorded immediately in the land records.You should receive the deed immediately when you hand… Read More
Yes. A lien will show up on your credit record whether you paid cash or mortgaged your property.
Yes. Title insurance protects your title to the property regardless of the cost or whether you paid cash. Banks insist on a title examination for mortgaged property in order to protect their investment. A person who pays cash should also obtain a policy in order to protect their investment. Title defects are usually disclosed when you sell the property and the buyer's attorney arranges to have the title examined in order to protect their client's… Read More
You are the named executor of your mother's will and she left land but no cash who is responsible for the cost of probate?
Your mother' estate must be probated. You are not the executor until the will has been reviewed and allowed by the probate court and you have been appointed by the court. Title to the real property cannot pass to her heirs until the estate is probated. Your mother's debts must be paid before any property can be distributed to the heirs. If there are debts and no cash to pay them then the executor must… Read More
Generally speaking, deeds cannot be revoked. When a deed is executed the grantee becomes the new owner. If you want your co-tenant's interest you need to have them convey it to you by signing a quitclaim deed.
You must review the terms of the trust. All the provisions of the trust are set forth in the document that created the trust. It should contain language stating how the trust can be terminated. If there is no way to terminate the trust you may need to get a court order. You should consult with the attorney who drafted the trust for you.
Absolutely not. The transfer of property involves two separate actions: the buyer hands over the full consideration ($$$) and the seller hands over the deed. Do not hand over the signed deed until you have been paid. You should have an attorney represent you in any sale of real estate. If you did you wouldn't be asking this question.
In California if you refinanced a home loan into a first -80 percent loan and a second -20 percent loan but did not take cash out of the refinance does either loan become a recourse loan?
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Can a cash buyer of a condo legally place a secured first mortgage on the same condo acting as their own private party lender?
Depends on the state or commonwealth you in. Contact an attorney and review your docs
Your ex partner wants to sell house their interest in the house to you for cash. How can this be accomplished?
You should consult with an attorney who specializes in real estate to represent you in the transfer. That way, the attorney can draft a proper deed for your jurisdiction and may also examine the title to the property so that you know exactly what you're getting. Your partner should be checked in the land records to make certain they have no outstanding liens against them. You should not act without benefit of legal counsel in… Read More
Can they do this I signed for a cash loan no mention of property now they want the deed to properties?
These loan-sharks may have access to any valuable properties you may possess ; check your contract and/or see an attorney .
not if it is held in joint tenancy Answer Yes. One co-owner can cash it in if it is held in a joint tenancy. See link provided below for more details.
DEED FOR CASH GIFT I, S/o . residing at hereby record that on this day of 2011 , I have delivered to my Son/ Wife/ Daughter an cash amount of Rs hereunder written as an absolute gift in consideration of natural love and affection and He/ she has accepted the same. DONOR DONEE
You can apply for an equity credit line mortgage as soon as you take title- when the deed has been recorded in the land records.
Why does a warranty deed show Ten Dollars 10.00 cash in hand paid versus the actual amount of the property sale price?
Deeds in many, if not most, state do not recite the actual sales price. Instead, they simply recite "for $10.00 paid and good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged." In part, the reason is because that is the form that the recorder's office expects to see. It may also be viewed as a privacy thing, where people don't want others to know directly how much they paid or received… Read More
Can the owner of a house we are buying cash for deed evict us if we fail to make our monthly payment?
You need to speak with an attorney who could review any contract you signed regarding your purchase of the property. Generally, the owner of real property can evict a tenant who defaults on the rent as long as the landlord adheres to the provisions of state law regarding landlords and tenants.