 Can you be 17 years old and buy a house for sale in California? |
| I'll be 18 in 6 months, I have inherited a lot of money, enough to buy a house, but I'm still not sure if a 17 year old can buy a house for sale in the state of california.... |
|
 I have a roomate who drinks, and I rent from him, he took my $500 deposit and spent it, what is my recourse? |
| I have been renting for about 3 weeks here in Sheridan, WY which is almost impossible to find any kind of housing. He was a nice guy at first, but now it is beginning to be a nightmare. I have an 11... |
|
 My council house i can buy for £54000, or should i continue to pay rent and chuck money down the drain.? |
the rent is £64 weekly or i could get a mortgage what would you do i have lived in my councilhouse for 10 years
Additional Details
thankyou for the replies so far the house was valued ... |
|
 Can i get evicted? |
| I privately rent a house, i informed my landlord on the 26th of october 06 that i had damp everywhere becus of the rain we have had, he said he would sort this, ive been sending rent every month but ... |
|
 What is the average cost of a home in your area? |
| I watch Flip this House and am amazed how much these home cost to start with. Like a 1200sqft home will cost 235,000.00. Where I live you can buy homes like the ones they do for around 25,000 to 40,... |
|
 I'm 24, I was going to get house, I can afford, but then I wouldn't have money to have fun? |
| I just paid 600 to get out a plan to get a home. I make enough money to get house, so I decided to get a real big cool one. But when I was in the process of the getting the loan I regretted it. For ... |
|
 Rediculous situation... does he have a leg to stand on? |
So I had an agreement verbally to pay 700/mo in rent. I said I would contribute towards utilities which the roomate said is about 100/month...
I paid 1400 in advance, after 2 months ... |
|
 When a home is foreclosed, is the homeowner reimbursed for the amount of money that was payed into the home? ? |
| For example a homeowner has made a down payment of $20,000 and payed $50,000 towards a home loan of $200,000. The homeowner is no longer able to make the mortgage payments and the home goes into ... |
|
 We've got an overgrown tree outside our property & its branches are bending back on our bedroom window.? |
| The branches also reach across the first half of the living room window. It's certainly grown since we bought the flat 5 yrs ago. Could this affect our ability to sell the flat? Should we cut ... |
|
 I brought a house and put b/f name on deed, we split over a year i make all payments he wont sign off house? |
I have paid all payments for four years as he never worked and a lawyer sent him the paper and he wont sign, says when i sell he will get half of it, i pay all including taxes etc..
Additional D... |
|
 Help me please (10 pts)? |
how much do you think it costs to build a house?
like to buy about 1acre-2acres, and then build an average sized two story?
is there any websites that i can calculate this or ... |
|
 If your landlord tells you she wants you to move out, but she never puts anything in writing, is it legal? |
Additional Details
She's 87 years old, and she's decided she doesn't want to deal with renting any more. She told us she wants us out immediately... Mean old lady...... |
|
 Any clever ideas on how to get bad tenants to move out b4 wasting time with legalities & eviction notices? |
| I truly enjoy people's company and the relaxed, more secure feeling I get by renting spare bdrms in my house. I'm a fun, young, and very easy going single landlady who's very flexible ... |
|
 I want my first home! Where do I start finding out about mortgages and other issues for first time buyers? |
| My boyfriend and I are thinking of buying our first home, I'm a student, therefore minimal income (until summer 2008), he works, and we know nothing about buying property. We started saving up ... |
|
 Rent to boyfriend ? |
| My fiance didnt want rent from me so that i could buy a new car. i buy my own food pay my own bills and medical and dental. now all of a sudden he wants 600 a month. And now i cant afford it He ... |
|
|  |
ineedhelp | I am on the deed with my ex boyfriend but he is the only one on the loan. Do I own the property with him? |
I loaned him 40,0000 as a down payment and I went on the deed and he took out the loan in his name only. He tells me I do not own any of the house and will not pay back my 40,000 loan that I gave him. He says he has 100% rights to the house and can do whatever he wants. I want him to buy me out, he refuses. I want the house to go the market to get at least some equity monies but he refuses. I have a feeling I am looking a court battle but any words from someone who may have gome through this and can let me know if my 40,000 loan is in jeopardy as well as my portion of the house? |
 |
 
Landlord
|
You own 1/2 the house. However, the 40k will be treated as a down on the house, not a personal loan. You can force the sell of the house, but you may loose all or part of the 40k if the house value has decreased. |
|
girl from oz
|
You own half of the house if your name is on the deed.
He must repay the loan as it is in his name only. You will need to seek legal representation if you want your money back. |
|
Baby Girl Due 2/09:LORELEI MARIE
|
as long as your name is on the deed you own 50% of the property...I would go talk to a lawyer if I were you. also do you have a contract on the money you gave him? if you do then bring that to the court if not a verbal agreement is not as good, but if you can get proof (like a cleard check), that might help...good luck |
|
curtisports2
|
If you're on the deed, you have ownership with whoever else is on the deed, no matter what this joker says.
You were foolish to not get your loan to him recorded. If the house were to be sold, the mortgage gets paid off first and if you and he own it jointly, the equity, whatever is left after the mortgage and closing expenses are paid, is split fifty-fifty. Which means that if your 40K is all of the equity, he gets half of it. If your loan was recorded, you'd get your 40K first after the mortgage and expenses, and then you'd split whatever else there is.
If he refuses to buy out your share, you can go to court to force a partition sale. You need to talk with an attorney. |
|
JackO07
 |
Depending on where you live, if you were living in a common-law relationship for at least six months, you're entitled to half of the property regardless of the loan arrangements. I suspect you may have to take legal action to get your money though. |
|
retroactivism
 |
Its the name on the deed that counts. You own it just as much as he does.
Problem is if you own the property jointly you will have a heck of a time getting any money out of him.
Sounds like a court battle to me. |
|
lil vamp
 |
if your name is on the deed I think you own it too. get a lawyer and get your money back. |
|
Dawni Do Right
|
Sometimes, people (weasels) can portray a situation in a less than truthful light...
Are "Public Records" available online where you live & you can pull up the deed & verify you are on the deed or did he simply say this so it satisfied you into giving him the down payment money? It is funny that he is the only one on the loan, but you are both on the deed. States vary about how one can hold title to a property.
Try Googling " the name of the county/parish the property is located in along with "public records". Many are available online now for larger areas.
If you are on the deed & he refuses to repay you, it may end up a waiting game. Sooner or later the day will come he wants to sell or refinance & if your name is on the deed, he will have to deal with you. You can always refuse to sign anything until you have proof there will be a check written from the escrow company from his net proceeds repaying you. DO NOT ACCEPT A PERSONAL CHECK FROM HIM. You want certified funds only.
A call to a real estate attorney would also help you, if you can afford to do so. |
|
jay
 |
work out the percentage you have invested and his percentage and the one with the largest has more rites as you are not married but you could be common law married and then you get half anyway good luck hope ya get it all cos he is acting like a ti*... |
|
Carpanone Kid
|
I beleive that ownership is based on the deed. If you are both listed as owners on the deed, then you would both be owners. You haven't said that you have any proof of having loaned him 40,000, however, if you are a co-owner, then you would be entitled to ½ the value of the property. You need to talk to a GOOD lawyer, bring all of the documents that you can. Good luck with that. |
|
Juliuliwuli
|
The loan is simply a promise to pay back the money he borrowed from the bank. The deed is what determines ownership. If your name is on the deed then you should have equal rights to the property. If he wants you off the deed then you should "sell" him your half or at least get your $40g's back. If he defaults on the loan then you may have a problem since the property is likely the collateral used to secure the loan. I would consult an attorney to find out exactly what your rights are. |
|
Zelda
|
Your ex is delusional.
You own the property jointly if you are on the deed. A court would probably order him to pay you an amount equal to half what the house was worth when you split, or to sell it and split the profit, or something like that.
Not sure the $40 000 loan is going to hold water, since it sounds like it just went into a downpayment on a house that you jointly own. Maybe if you have something in writing that says he will pay you back, that would help.
As everyone else says...time to get a lawyer. |
|
barbara j
|
If you are on the deed, you do own part of the property; however, it sounds like you may have to get an attorney to claim it. For instance, if he quits making payments and the property goes into foreclosure, and the property gets sold - the bank gets their money first, then any left over gets split evenly between the 2 of you. That's the way it is most places. You would probably not get back your 40,000. |
|
lendingwhiz2008
|
Yeah, he's a dumb A$$.
He can't do a thing with the house without your signature.
He can't refi, he can't sell, he can't do squat.
You are co-owners.
Tell him to do some basic research about the law. Also, tell him that the mortgage documents have a due on sale clause (which includes any transfer of ownership rights to another interested party). This means the lender can technically call the loan due.
Tell him you'll see him in court. |
|
Janey
 |
hopefully your 40,000 is less than half the cost of the property?
both on the deed, both own
just him on the loan papers only him responsible
for repayments
but if he defaults it puts your share in jeopardy
i would get legal help pronto
good luck |
|
artcrist
|
You own the house also. It is very common for one person to be the borrower and the other just the property owner.
If you want your money back, You can just go to the bank and take out a line of credit against the property yourself. Take a second mortgage.
...no offense why they hell would you lend a boyfriend 40k...honestly |
|
mccray_51
|
You have right of ownership. If you have seen the deed then there should be other documents showing where the loan was closed. You are on title only, but not responsible for the re-payment of the loan. Call the title company and ask for a copy of all items recorded and the title policy. The title policy should reflect your name ... then take yourself to an attorney and find out what your rights are to get your money back and dump that knuckle dragger.
Best of luck to you |
|
i need love<3
|
if you both signed, yes |
|
personal-tips.com webmaster
|
Loan is the debt he has the debt OK,
The house contract make real owner. (But it's usually the same, else bank don't give money).
For the 40K does any paper exist, else you will need to have proof that you loaned him the money. I don't think that bank transfer will be enough. If he is the owner by contract the house is out of your reach.(unless you loan him with a paper taking home as guarantee, but i doubt you have done that) you will only be able to probably get the 40K$ for loan payment to you. then loan recovery process is nearly the only solution :(
If your married rule change on the marriage contract base. if you have kid also. many take kid as an implicit marriage |
|
Dan H
 |
Do you have anything is writing that the $40,000 is a loan? Anything about repayment? If you do, then that $40,000 loan needs to be repaid per the written agreement and you hold title (the deed) as collateral. If there is nothing in writing it is your word against his. Not worth much in court.
You were smart to have your name placed on the deed. Depending on exactly how it is written, you are most likely co-owners of that house, meaning he can't sell it without you and you might be able to force a sale of the house to take you half of the value out.
Since you are not on the loan, you do not owe the bank any money, but if he stops paying on the loan, the bank can repossess the house.
At least consult a real estate attorney in your area to see what you can do. It'll cost you a few hundred, but it'll be worth it in the end. |
|
Tsunami
|
get a realistate lawyer and get moving i have no idea or what state you are in that makes a difference also. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
21 | 25 minutes(s) ago
| | | |
21 | 1 hour(s) ago
| | | |
21 | 3 hour(s) ago
| | | |
21 | 8 hour(s) ago
| | | |
21 | 2 day(s) ago
| | | |
21 | 6 day(s) ago
| | | |
20 | 2 week(s) ago
| | | |
21 | 2 month(s) ago
| | | |
21 | 5 month(s) ago
| | | |
21 | 9 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
