Despite financial contingencies, this home buyer may lose their $40,000 good faith deposit due to issues with the builder’s mortgage lender. Can they stop this from happening? Q: I came to your website www.thinkglink.com after reading an article that relates to a problem that I am facing in Florida right now. I signed a sales [...]
Real estate research predicts what new construction homes will look like twenty years into the future based on historical housing trends. Hello, central air conditioning and two-car garages. Goodbye basements and fireplaces! A recent real estate study from Porch analyzed census data from 1999 through 2016 to forecast new construction home building trends in the [...]
Placing a Lien On Property That Isn’t Owned By The Debtor isn't complicated. A landlord wants to place a lien on a property, but the property isn’t owned by the debtor yet. He will inherit it at some point in the future. What can the landlord do? Can I place a lien on property in [...]
Cosigning your in-law’s refinanced mortgage can often be a big mistake, especially if they don’t have much financial stability. Q: I was wondering what legal action could be taken if the person living in the home is on the home title but not on the mortgage loan? I recently helped my mother in law refinance [...]
Buying a home is the most stressful event of modern life, but the right real estate agent can alleviate some of that stress and make the home-buying process more exciting than anxiety inducing. When it comes to stressful life events, you might think applying for a job, hosting Thanksgiving dinner, and applying for college are [...]
Why you (probably) shouldn’t combine your mortgage and HELOC loans, especially if your mortgage is nearly paid off and your home equity loan isn’t. Q: I have 4.5 years left on my mortgage. I also have a home equity loan. Would it be wise to combined the two into one loan? A: While it sounds [...]
The hidden costs of transitioning from renter to homeowner range from potential home repairs to remodeling and they add up quickly! Q: We are definitely ready to be done renting, as we need more space and a home that can accomodate dogs. We have one dog and and would love to add more. Factoring in [...]
How did a Wells Fargo computer glitch force foreclosure on 400 homes? What does it mean for mortgage loans and the real estate industry? Wells Fargo has faced scandal after scandal for bad business practices, including creating fake customer accounts to boost sales figures, charging unfair mortgage fees and charging customers for car insurance they [...]
What is a mechanic’s lien and is there one on your property? Had a falling out with a home contractor? Withheld payment? You may face some major repercussions in the form of a home lien. Q: How can I find out if there is a mechanic's lien on my property? A painter painted the house.But [...]
When your parent dies without a will, how do you claim ownership of their property? Even if you’ve been paying the property taxes, you may have to take more steps in order to put the title in your name. Q: My mother died five years ago without a will. I have been paying taxes on [...]
