Real Property Legal Questions and Answers
Can the Buyer Change the Price Based on a Lower Appraisal?
What is the normal due diligence period for a buyerand can I refuse to allow the buyer to lower the purchase price if the appraisal is lower then selling price. They are asking for 30 days also and we may close before that?
02/14/2010 | Category: Real Property » Sales | State: Georgia | #20959How Do I Create a Nondisclosure and Confidentiality Agreemennt for a Real Estate Broker?
I NEED A NON COMPETE NON DISCLOSURE FORM MYSELF TO BE AN INTERMEDIARY OPERATING AS IN MY OWN LLC FOR LARGE PRIVATE INVESTORS TO BE HANDED OVER TO THE INVESTMENT BUYER'S AND TO PROTECT MY PRIVACY AND LIABILITY AND ALSO THAT INVESTORS DO NOT CIRCUMVENT THE PROCESS AND BUYER'S REPRESENTATIVES DO NOT DISCLOSE OR CIRCUMVENT THE PROCESS OR MYSELF ME THE INTERMEDIARY. SINCE I AM ONLY ...
02/09/2010 | Category: Real Property » Sales | State: Virginia | #20884Can I Get Earnest Money Back if I Was Unable to Get Financing?
I RECENTLY TRIED TO PURCHASE A NEW HOMEAND PUT 5,000 EARNEST MONEY AND 7,500 DOWN ON UPGRADES I DIDNT BACK OUT ON THE CONTRACT BUT MY LOAN FROM THE BANK WAS DENIED AM I ENTITLED TO GET ALL MY MONEY BACK?
01/12/2010 | Category: Real Property » Sales | State: Texas | #20406What Can I Do if A Listing Agent Refuses to Provide a Copy of the Offer Signed?
My husband and I are attempting to relocate to be closer to our jobs, and made a standard written offer on December 6, 2009 on a short sale property in Murrieta. CA. for $253,000. with an escalator clause to top any offer by $500., up to $260,000. We have retained a wonderful buyer's agent to represent us, who is extremely professional and ethical. The offer that we made was sl...
01/10/2010 | Category: Real Property » Sales | State: California | #20364What is the Value of a Life Estate in Massachusetts?
I own my mom's house through a quick claim deed. My stepdad has a life estate on the property. He moved out 2 years ago, and has not paid the property taxes on the property. I am selling the home, and my dad has signed a paper waiving the life estate, so I can sell. What percentage of the house sale do I owe my dad?
01/06/2010 | Category: Real Property » Sales | State: Massachusetts | #20314Am I Liable to Pay Back Property Taxes in A Seller Financed Home Sale?
I have a home on seller finance whitch states note/mortgage/promisarynote/ secure by deed of trust/brought in 06/01/2009 2007/2008 taxes is owe line 2 buyer pays yearly taxes/line4 says charges;liens.buyer pays all taxesother charges ,fines,and impositions attributable to the property whitch may attain a priority over this mortgage/he had recorded in his name without mine and h...
12/13/2009 | Category: Real Property » Sales | State: Indiana | #20029How Do I Limit My Liability When I Sell Land?
I live in CA and own a lot that is offered for sale at $900k in HI. I paid $480k for the lot.My interest is in safeguarding myself and other properties in CA from liability claims and loss of any tax advantage (1031 or other) when the lot sells.
11/10/2009 | Category: Real Property » Sales | State: California | #19558Will My Lender Allow Me to Give My House to My Parents?
My husband and I would like to give my mother and father a piece of land (29.25 acres). We owe around $63,000 on it. We want to give them a General Warranty Deed (for Christmas) that shows the property being in their name..conveyed to them by us (we have the General Warranty Deed in our name now). We still want to make the payments on it to the bank until paid off. Are we legal...
11/09/2009 | Category: Real Property » Sales | State: Tennessee | #19536Can I Prevent the Rental of Sale of Property of Another if I'm Not the Owner?
I am buying a home(cash) for my daughter-in-law-I would like to have a document that would prohibit her from doing anthing (2nd mortgage,rent,or sell etc) without my ok. I intend to put the house in her name so that she quailifies for the $ 8000 aid for first time home buyers. In other words I want to maintain control over the house .
11/08/2009 | Category: Real Property » Sales | State: Florida | #19515How Do I Get a Title Transferred if the Deed Was Never Recorded?
We purchased a modular home 14 years ago and never received a title to it. Since this was the first modular we had ever bought, we did not know we had to have one and the Title Company and Real Estate that we used did not tell us. At the time, the previous owners were there and could have signed over the title but it was not done. Now we are trying to sell and found out we cann...
11/03/2009 | Category: Real Property » Sales | State: Michigan | #19447