 Security Deposit? |
| I am moving into a new apartment. The owner wants a security deposit in the form of a cashiers check made out to his personal name BEFORE the contract is signed. I was just wondering if that was ... |
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 Legally is there a way to stop my apartments maintenance men from entering my tx apartment without permission? |
| I just moved into my apartment last month. 3 weeks ago I was watching TV in my living room and heard someone trying to enter my apartment without knocking. They were putting a key in my lock and ... |
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 I want to know the price of house for sale in america? |
can you tell me some information about the housing in US, in some cities as new york, san franscisco, and washinton and so on
i found some very cheap in yahoo real estate, is it real or what?<... |
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 Landlord and Lease Problem? |
| I moved out of an apartment I had a cosigner with. She smoked marijuana 4 days out of the week with several friends. It was a horrible living situation so when a friend wanted to move in I was all ... |
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 We want to refinance our house....are we in trouble? |
| We were discussing refinancing before all of this sub-prime mess started to happen. Now I'm wondering if it's a bad time and if we'll have a problem securing a loan. We have good ... |
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 How much money do you make when you sell a house in the state of texas? |
Or whats the percentage that you get off of the amount you sold the house for like 2% or 5% etc.
Additional Details
Yes I do mean as a real estate agent.... |
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 If your solicitor has cost you c.£20k by negligence, what is the best course of action? |
| On selling house, solicitor failed to notice an unsigned deed of easment, which resulted in losing 2 buyers. 18 months on the property is unsold.... |
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| I made a agreement with a investment company for my house i own. They paid me 15k and would make payments for 1 year, at the end of 1 year they would pay off the loan. However its almost 8 months ... |
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 Is it a bad time to buy a house? |
| Some people say that real estate will drop to 1/4 of what the prices are right now in the near future. That means a condo in Los Angeles that some poor family bought 2 years ago for 400K will be 100K ... |
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 Please help settle the score? |
| My husband and are are currently battling where we should relocate to. We currently live in NJ where the cost of living is way too high and we are ready to go! I've been researching Texas for ... |
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| The deal is. I have a car payment, and soon I will have a apartment, and I will need to feed ... |
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 If I buy a property via my own corporation am ``I`` allowed to collect a referral fee from the seller? |
Additional Details
Acer, I am not trying to manipulate the system. Perhaps you should try leaving out your insulting assumptions or simply do not answering.
Have you ... |
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 Realtor commission - Buyer wants cash/cut from me!? |
| Hi: I am a newer realtor. I had a very demanding client above the normal. They purchased a bank repo for $285K in Southern CA which charged $100 per diem if late on COE date. The broker and I sat ... |
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 How can I fight my homeowners association? |
| Our homeowners association is trying to force us to remove our direct tv receiver because they do not like the fact that a couple holes have to be drilled through the walls of our condo. We own this ... |
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 Is it legal? |
| Is it legal for an apartment complex to charge you for shampooing the carpet (it does not state you have to do it in the lease), cleaning the apartment and painting the apartment when you move out? <... |
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 Does my mortgage company have the right to insist that I buy home insurance for the entire loan amount? |
1. I am paying 20% for down payment.
2. I am already insuring a little higher than the “replacement cost-New” amount in the appraisal report.
However, my mortgage company said ... |
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 My credit score? |
| I just pulled up my credit score and found it to be 701.Is this high enough to get pre-approval for a mortgage loan.I am a first time ... |
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Deny_Zoo29 | Can we prosecute for not disclosing flood plain information? |
I purchased a 23 acre piece of land a month ago without the help of a real estate agent. We signed the papers and paid the money to a title company where the deed is being prepared. We have since found out the property we purchased is in the floodway and cannot be built on like we had intended. Is there a way to get our money back? The seller owned this property for more than 20 years and knew it was in the floodway but never disclosed this information to us even though we told him many times what our plans for the land were. Are we out of luck or is there something that can be done to remedy this situation? |
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Spock (rhp)
|
you need a good real estate attorney as the answer may depend on state law.
In general, the flood plain information is a public record and thus you are assumed to have knowledge of it. However, your state's laws may say that where the seller has knowledge of your intended use [which may have to have been included in the written offer] that the transaction is voidable if he had actual knowledge that your proposed use wasn't possible.
GL |
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DeeDee
 |
a private sale is usually "as is". Did you borrow money to purchase the land? Most banks require that a property be checked out for flood zone before they will lend.
If you paid cash, with no loan, your chances of suing are not great. |
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acermill
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Generally speaking, construction CAN occur in a flood zone. However, it is more costly, since additional land fill needs to be brought in to raise the level of the structure above flood plain. How did you discover that this property is not buildable at all ?
Or, IS it buildable, and just not to your desires ? |
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wizjp
 |
Did you purchase title insurance? If so the policy should have disclosed the flood plain info and either let you know there wias a problem, or agreed to insure over it.
What does the survey you got say? |
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src50
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You will probably have to consult an attorney to see if your state's laws require a specific disclosure. It is true that floodplain information is publicly available. Title insurance has nothing to do with the floodplain issue. |
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godged
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There are ways to appeal flood zone status, but it is not inexpensive or easy. It involves surveys, dealing with FEMA and county agencies. Also, some areas allow building in a flood zone, but you will have to obtain flood insurance.
Review your documents from the title company and whatever contract you signed to be sure there is not some sort of disclosure that was written in that you missed. If it wasn't, take everything you have to a real estate attorney. If it is buildable, just not to suit you, you are most likely out of luck. |
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Searchlight Crusade
|
Depends upon the law in your state.
Here in California, the guy would be toast - providing it really wasn't disclosed. I'll bet it was. They don't have to call attention to it with rockets and neon signs. They just have to have it down there in black and white. They can slide it in amongst a thousand other irrelevant details.
Did you read your title preliminary report? Did you read the owner's disclosures?
Yet another poster child for getting yourself a good buyer's agent.
That said, your best hope for getting at least some of your money back is probably your title policy. Not that that's a good bet, but the people who pull this are usually pretty sharp about putting the proceeds somewhere it can't be touched. |
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Ralph N
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Bring all your papers to a good land use lawyer. |
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GEE-GEE
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This is why it is good to pay for a Real Estate agent. Your agent would have gone and found out all the information for you. When you purchase something it is your responsibility to go and find all the public records and research it for yourself.
But................
If he knew this and did not disclose it, you could sue to get your money back. You have to have proof that he knew it to begin with.
You will need to check your title work though, it is probably in there somewhere. It is also in the land survey, if you got one done. |
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Tim
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You can sue him for not disclosing the information. You would need some proof that he actually knew it. |
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