Articles filed under Resnick, Tom

Show 21-40 of 92 « previous next »
  • ‘Unknown’ occupants also can be evicted from rental Oct 6, 2013 12:50 AM
    Q. I own a rental property that I have been leasing to a woman the past couple years. I decided I had to evict her so I went to the apartment to serve a five-day notice and discovered there are at least five people living there.

     
  • Property lien is not the first step to collect a debt Sep 8, 2013 1:00 AM
    Q. I have a guy that’s owed me a few thousand bucks for about five years. I know he owns his house with his wife. Can I just record something against his house?

     
  • Home inspection results can nullify real estate contract Aug 25, 2013 1:00 AM
    Q. We signed a contract to sell our home to a couple about a week ago. They did a home inspection and yesterday our attorney received a letter stating they didn’t like the condition of our property and they wished to cancel the contract.

     
  • Second mortgage usually prevents ‘deed in lieu’ Aug 11, 2013 1:00 AM
    Q. I want to do a deed in lieu of foreclosure with my mortgage company but I am told I cannot do this because I have an equity loan. Why is that?

     
  • If a deal goes bad, just move on, find a new buyer Jul 14, 2013 4:41 PM
    Q. We had our property listed for sale for over a year. Last week, a couple came along and gave us an offer. After a little negotiating, we settled on a contract. We were thrilled as we had been wanting to move south before it got cold again.

     
  • Sign away your property ownership at great risk Jun 2, 2013 1:00 AM
    Q. I have been trying to sell my condominium for more than two years. I have been contacted by a guy who will pay me what I want. He has proposed giving me $1,000 and signing a note and mortgage for the balance.

     
  • Buyers have time to get inspection May 19, 2013 4:00 AM
    Q. My wife and I are attempting to purchase a short sale property. The contract states that we must do our home inspection within five days of the seller's acceptance. Our problem is the bank will probably either reject our offer or counter our offer. We don't want to pay $350 for a home inspection until we know we will get the house.

     
  • New home’s high real estate taxes seem too high May 3, 2013 10:19 AM
    Q. My husband and I recently closed on our first home. We are very excited but are concerned about our real estate taxes. They seem very high. How can we check to see if we are where we should be and what can we do to reduce our taxes if they are too high?

     
  • Battling with your association will likely get very expensive Apr 7, 2013 4:00 AM
    Q. After years of battling with my homeowners association, I am selling my condominium. I just received the "assessment letter" and it says I owe them more than $1,500, even though I am current with my dues.

     
  • Foreclosure complicates unpaid work on house Mar 24, 2013 5:00 AM
    Q. I was hired to remodel a friend of a friend's basement about a year ago. He got into some financial trouble and couldn't pay the last $10,000 or so of the work. I recorded a mechanics lien on the property and my attorney told me to wait and see what happens.

     
  • Buyers, sellers often continue negotiates after the deal Mar 10, 2013 1:00 AM
    Q. We are attempting to sell our home. We signed a contract and thought everything was fine. Since then, their attorney has raised many issues with the contract and their home inspector raised some issues with the condition of our home.

     
  • Townhouse owner takes insurance money, fails to make repairs Feb 10, 2013 5:00 AM
    Q. Our association has a situation that the board is having trouble resolving. Two years ago one of our owners had major inside damage done to his townhome, the result of a broken water pipe that was left running for an entire weekend.

     
  • How to transfer property from parent to child Jan 27, 2013 5:00 AM
    Q. My mother is in a nursing home and doesn't have long to live, although mentally she is fine. Her only asset is her house. To avoid probate, someone told her to create a living trust and to put the property in the trust. That way, when she passes, the property will transfer to whoever she specifies in the trust.

     
  • Lenders sometimes seek deficiencies after a short sale Jan 13, 2013 5:00 AM
    Q. I am selling my house on a short sale. My bank is telling me they will agree to the short sale but I will still be responsible for any money still owed the bank after the sale, unless we can make a deal.

     
  • Pros and cons of buying a foreclosed home Dec 16, 2012 5:00 AM
    Q. I have been looking for my first house and have been told to look at bank-owned properties or HUD properties. I am wondering what advantages or disadvantages there are to these types of deals.

     
  • Sellers refuse to release $900 to pay for taxes due Dec 2, 2012 5:00 AM
    Q. My husband and I closed on our first home last December. The attorneys could not agree how to prorate real estate taxes so about $1,500 was held out of the money seller received from the sale until the actual 2011 real estate tax bill came out.

     
  • Incorrect lien on home should be easy to remove Nov 18, 2012 5:00 AM
    Q. My wife and I are attempting to refinance our mortgage. Our loan guy called us yesterday and told us there is a judgment recorded against our property and that it would have to be removed. He gave us a copy of what was recorded and although it is my name, I'm positive this judgment isn't against me.

     
  • Short sales usually close without lender making repairs Nov 4, 2012 6:29 AM
    Q. We made an offer on a short sale. The furnace needs repair, and we asked the bank for a credit. The bank said it would not offer any money toward repairs; We had to take the property as it was or walk away from the deal.

     
  • Owner cannot turn off tenant’s utilities during eviction process Oct 7, 2012 1:00 AM
    Q. We have a tenant in our house who has broken the lease by having a pet, not paying rent and not moving out despite an expired lease. Though she is not paying rent, we are paying her utility bills as per the lease. Can we shut off her utilities?

     
  • How does a homebuyer enforce new short-sale rules? Sep 23, 2012 1:00 AM
    Q. You recently wrote new rules require the lender to respond to short-sale offers in 30 days. This new 30-day rule could save me thousands of unpaid association fees and penalties. How do I enforce it?

     
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