A homeowner is having trouble demonstrating ownership of his home to address issues with a siding contractor. He has tried to establish that he is on the title of their home with a quitclaim deed. Title insurance could solve this problem and prove that the title was transferred to him as the owner.
When you get an FHA mortgage loan you get an FHA number. But is an FHA number enough to prove that you have an FHA mortgage? What if your mortgage lender has you pay FHA mortgage fees but you later discover you don't have an FHA mortgage loan?
Most states have seller disclosure laws that require the seller to disclose to you material defects that affect the home. If a seller lies to a buyer about a material defect in the home, you can sue the seller to recover your damages. In some cases you can even recover your attorneys' fees in suing the seller.
A homeowner who is in a nursing home and has a management company assigned by the court to manage her home. Her home of 28 years was foreclosed back in early 2005. The management company was not her guardian at the time. But, her son wants to redeem this house and have her quit claim a deed to him. Is this legal? There could be all kinds of legal problems with this arrangement.
Condominium owners should get a copy of the condominium statute from the state, and owners need to be cautious when hiring a management company. Management companies offer different levels of services for different fees. The most basic management services include helping the association bill each unit owner for monthly assessments, receiving funds and doing basic bookkeeping services.
A homeowner is ready to pay off their mortgage, which is held by a private individual. When you are certain you've paid off your mortgage, you'll need to contact the lender and confirm that the mortgage is paid off. The lender will need to return the original note and mortgage to the owner upon its payoff.
A borrower worked with a debt management company in another state that did not provide the services they promised. Now the borroweris trying to get a refund for those services.The borrower has done all the right things by filing complaints with various agencies, but the difficult task of suing the company may be their only resort. In some instances, you might pay more in legal fees and costs that what you recover.
If you buy property with someone and he or she dies how can you ensure that you have clear title to the home? Generally, when someone dies his or her share of a property goes to his or her next of kin. You have to track down your real estate partner's relatives to get them to sign a quit claim deed or so you can buy them out of the property. A real estate attorney may also be able to help you in this situation.
