there is a suit just filed in the last couple of months since the house went up for sale, sold for $950,000.00, Grandparents house.Can they in turn give me the money to buy a house in my name so no one can take the new home they need to buy?
there is a suit just filed in the last couple of months since the house went up for sale, sold for $950,000.00, Grandparents house.Can they in turn give me the money to buy a house in my name so no one can take the new home they need to buy?
Posted in Homes For Sale
Tagged assets, couple, escrow, grandparents, Home, house, money, money to buy a house, name, sale, someone, suit
I know about quit claim transfers, but can the mortgage be handled in the same way? Just transfered into a new name, or does the property have to be “sold”. ie, go thru escrow and all that or can the loan and note just be transferred?
How long do I usually have to find a new home and settle all the escrow paperwork from the time I put my house up for sale? Lets say I put the house for sale in the middle to end of April, by whendo you estimate that all the paperwork, hassels, and everything will be settled and by when would I be at the new house? This is my first time selling my house so I have no idea on the processing time. Thanks!
Posted in Homes For Sale
Tagged anyone, escrow, hassels, Home, house, house for sale, let's, middle, paperwork, process, processing time, sale, time, time thanks
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
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, contract, escrow, Home, interest, loan, nerve, pool table, realtor, residental, time, title company, type