This is to lawyers, pls help me…. this is for a school requirement…. Thanks
This is to lawyers, pls help me…. this is for a school requirement…. Thanks
Posted in Land For Sale
Tagged CASE, Land, lawyers, lot, redemption, requirement, sale, school, school requirement, urban land
is cost of new home deductable. I was told only deductable on home sold for $700,000 is initial cost, improvements, plus $250,000. Everything else is taxed and no credit is given in purchasing new home. In this case I have about $150,000 improvements plus the $40,000 initial cost on home which leaves about $300,000 so I need to know if I can put that on a new home or if regardless, it is taxable and I must pay taxes on it as a resident of California. Is this true or can cost of new home be deducted before taxes.
Posted in Home Improvement
Tagged California, CASE, cost, credit, everything, Home, improvements, Person, resident
We have a home for sale, it was under contract. The buyers agent was the buyers daughter. They signed the contract stating they would get a residental loan and put $1,000 in escrow. The residental loan was approved and we were going to close, until the title company found out that they were going to rent out the home and told them that they could not close with a residental loan. They tried to get the correct type of loan to no avail. We gave her a 3 week extension, she agreed to pay all daily interest during that time. Finally they were denied for the right type of loan and now they want their escrow deposit back and do not want to pay the daily interest, and I am out 3 weeks time and have to have the escrow tied up because they wont release it. She even had the nerve to say that she would split it with us if we gave her the pool table in our house!!!! Please read my other ?s for more details. What would you do in this situation?
Posted in Homes For Sale
Tagged action, avail, buyers agent, CASE, claims case, contract, escrow, Home, interest, loan, nerve, pool table, residental, small claims, time, title company, type
in case anyone sees this infomercial… it is a $8500 credit card scam… they provide you with information that you can get at your courthouse.. there is no inside information that they get exclusively from the u.s. government.. and your not going to buy the property for a couple hundred dollars.. like they lead you to believe.. i have attended sheriff sales.. and you can buy stuff cheaper than at a regular auction… but you must have 10-20% cash on hand immediately to purchase if you are winning bidder.. if not they take you before the judge right then for contempt of court.. this isn’t something to play around with..
their disk with lists of websites that will let you sit at home and buy and sale from the internet is a miss leading too.. i ran down most of these websites and they either take you in circles or dead ends.. and alot of them take you to pages no longer on the net…
please don’t let this infomercial ruin u financially…
Posted in Homes For Sale
Tagged anyone, card, CASE, courthouse, credit, Government, infomercial, information, John, scam
My brother and I inherited property after parents died (at separate times). We have a five year agreement re: settlement of the property which does not end until 2007. We signed this agreement in 7/03, and the docs were also filed the the King County court, loan docs, and title company, etc., and in 2004 my brother filed bankrupcy. The court is forcing me to refinance to buy him out, have a for sale sign on my property no to mention an interested buyer and contract for the sale of my property. Yet in still the Trustee for the bankrupcy case has raised my cash-out amount ($150,000 prior to property being listed) and three times (from $170,000 to now 205,000), since the listing. My pro-bono attorney has responded by deadline and we go to court on Sept 1. I have found a loan, but my questions is: Is this legal, will the Trustee have to accept my cash-out payment, and can they sale my home out from under me?
Posted in Homes For Sale
Tagged agreement, bankrupcy, bankruptcy, brother, CASE, Court, innocent party, interested buyer, King County, loan, loan docs, parents, pro bono attorney, Property, sale, three times, Title, title company, trustee