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Resnick, Tom

Trust can be changed to remove condominium
By Tom Resnick
Sep 18, 2016 6:00 AM - Q. A few years ago, my husband and I set up a trust and living will. Now we would like to deed our condo in the trust over to our daughter. Does the trust have to be changed or the condo removed from the trust?
Family fights over ownership of mother's home
By Tom Resnick
Sep 4, 2016 5:00 AM - Q. I had been living with my mom for the past 12 years in the house she has owned for at least the last 20 years. She has always told me the house would be mine when she died. My mom died a few months ago and I thought everything was fine until I got a call from my sister telling me I would have to move.
Buyer of rental property says he doesn't have security deposit
By Tom Resnick
Jul 24, 2016 5:00 AM - Q. I purchased a six-flat about six months ago. A fomer tenant sent me an email telling me where to send her security deposit. I received a rent roll from the seller when I bought the building that showed there was no security deposit for her apartment.
Mortgage trumps divorce agreement
By Tom Resnick
Jul 10, 2016 5:00 AM - Q. My ex and I were divorced about five years ago. There was no money in the house and he wanted to stay so I happily left. I was still on the mortgage so he promised in our agreement to make all the mortgage payments and sell or refinance the property within three years.
County assessor's decisions can be appealed
By Tom Resnick
Jun 12, 2016 4:00 AM - Q. I filed a request to reduce my tax assessment and it was denied. I saw on the notice that I could still appeal the county's decision but was confused as to how to proceed.
Earnest money in limbo after buyers back out
By Tom Resnick
May 15, 2016 4:00 AM - Q. My husband and I sold our home and were scheduled to close the sale a few weeks ago. Two days before the closing, we found out the buyers were getting a divorce and they didn't want to buy the house anymore.
Trustee of parents' estate nowhere to be found
By Tom Resnick
May 1, 2016 1:00 AM - Q. My parents put their house in a living trust and named themselves as trustees. The trust states in the event of their passing, my sister would become the successor trustee. The only problem with this is no one has seen or heard from my sister in more than five years.
It's common for aging parent to grant power of attorney
By Tom Resnick
Mar 13, 2016 1:00 AM - Q. We will be listing my mom's house for sale within the next couple weeks. Mom has some memory and dementia issues, though much of the time she understands where she is at and usually has no problems recognizing family and friends. We are concerned, though, that at some critical point in time, she will not be able do what is required. A friend suggested I get a power of attorney.
Buyers have several days to back out of real estate deal
By Tom Resnick
Feb 21, 2016 1:00 AM - Q. We listed the home we have lived in the past 22 years for sale a few weeks ago. There was much interest and we received two offers within three days of listing the property. Two days after we signed the contract, our attorney received a letter from the buyer's attorney stating he "disapproved" the contract and terminated the deal. No reasons were given other than his disapproval.
Botched closing results in added expenses
By Tom Resnick
Feb 7, 2016 1:00 AM - Q. My wife and I were scheduled to close on our new home a few weeks ago. The sale of our old home was scheduled in the morning and our buy was scheduled that same day in the afternoon. Everything looked fine up to the day of the closing.

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Articles filed under Resnick, Tom

Articles filed under
Resnick, Tom