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| I mean, we live in an advanced age! Travel has become so wonderfully easy. Is it really necessary to tie ourselves down to moldy, decaying buildings? Is it not possible for everyone to lead an ... |
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 What should be my initial offer? |
I am interested in purchasing this home:
http://www.blanchardandc... |
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 Who do you think get more quality sleep time? People who live in houses or people who live in apartments? |
| Who do you feel are more sleep deprived, people who live in apartmemts (co-ops and condominiums included) or those who live in houses (trailers, town houses and mobile homes included)?... |
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 Gas, elec, water bills??? |
| Is it better to pay these by direct debit or on a meter. Will be for a one bedroom flat and will only be me and my boyfriend livin there. Which is cheaper/best?... |
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| My rent is 525 a month, but I just looked at my old bank statements and realized that in the last 4 months I have paid 535 and my manager didn't tell me. Should they have told me that I was ... |
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 Can a landlord put that house on the market to sell while tenants are still renting? |
| Does the Landlord have a right to sell the house while there are tenants living there?... |
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 How do you get an ex's name off the house title during a? |
| divorce?? she left about a year ago on her own free will, she has a house of her own( she might be on housing,since she dont work) she wants half of what the house is worth but it is being bought on ... |
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 Is it possible to buy a $250K apartment with only $15K down payment? |
I make 85K a year and i want to purchase a rental property for cash flow. Thanks!
Additional Details
I'm not buying in the state that I live in. And that x2 salary myth is a load ... |
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 How do you find out how much houses have been selling for in a neighborhood? |
| All the advice I've seen about home buying says to find out how much houses in a given neighborhood have been selling for, so you will know how much to offer a seller. Any ideas where I can ... |
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 Can a Landlord enter your house without contacting you? |
| How much of a notice does a landlord have to give? Scenario: He called my phone 3 times and my voice mail box is full. I pull up and see him trying to get in. My girlfriend is also on the lease and ... |
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 My landlord still wants rent, but he lost the house to the bank! Help!? |
We just signed a month-to-month rental agreement on a house in April, and paid first month and deposit.
In July, we received a notice that the house was going to be up for auction due to ... |
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 If I buy a home that is constructed in 2008, Do I have to pay property taxes on it in 2008? |
| I remember when I was talking to a realtor about a new home, she mentioned something about only having to pay property taxes on the land for the first year since it's new construction. Is this ... |
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| Any tips or suggestions you may have would be appreciated.... |
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 For closure after 10 days late on my first payment? |
| I have two loans for my house one is a big lump some and the other is 20,000. Well i am behind 10 days on paying my first payment on the smaller loan and the loan is through an indiviaul not through ... |
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 My home loan has been sitting in underwriting since 8/13. I feel like the longer it sits there, the more the? |
| chances are of being denied. If it was a "go", then we would have heard by now. Right? I think that if we have to wait this long, it's because they're deliberating whether or not ... |
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 Can I use my deposit as my last month's rent? |
| Our lease is up end of the month. We have bought a home and will be moving in throughout next month. Can I use my deposit as my last month's rent? What are my rights, and what can a landlord ... |
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KD | Mother and Son own a house in joint names. Son has Power of Attorney and decides to sell. Who gets the money? |
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teddy
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should be split equally. |
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WelshLad
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Morally mother and son
Law not sure. |
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Lisa
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If the house is owned by both the Mother and the Son, then no matter what, the money should be shared. |
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Elyse K
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If the deed reads Mary Smith & James Smith then the check that is received from the title company or bank will be made payable the same way and have both names on it.
Now, if the Power of Attorney document is one granting financial authority, then James Smith would endorse the check twice; once as James Smith property owner, and once as James Smith for Mary Smith P.O.A. He would need to provide a copy of the Power of Attorney to the bank and then he would be able to do as he wished with the money. His mother's bank should have a copy of the Power of Attorney documents on file anyways.
Power of Attorney documents are only good while the person for whom the POA is over is alive. There are also different types of documents, some only give authority for specific financial matters, some only give authority for medical matters etc. |
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daisymae
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If the house is in both names and only one person wants to sell then the other owner would have to buy out the other person to keep the house unless the other owner is deemed unable to make rational decisions, then the POA would then handle the sale of the house, but the money would have to be split 50/50. |
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Cric Queen
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Both |
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Pip
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well there's two things here
1) The son cannot valid sell the property as both himself AND attorney for his mother. Either mother would need to appoint a 3rd party as attorney; or the son will need to appoint an attorney for himself, while he acts for his mother.
Technically he cannot give a valid receipt for the money, as the trust between them is not overreached
even if his lawyers tried to do this (which would be risky as it looks dodgy from square 1) the buyers' lawyers would not agree with it as it gives them problems down the line.
2) The money would likely be paid to him "as attorney for Mrs"
If he is attorney, he has a legal duty to act in her best interests, so the money is not his alone.
it's fairly obvious that if he took all the money himself and did a runner then it;s a very malicious way to defraud his mum. |
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Gertie
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When the check is issued it will be sent in the name of the mother & the son. Just because the son has power of attorney and decided to sale doesn't mean he gets all the money. |
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Pogo
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Proceeds will be issued by one check payable to the both mother and son. |
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shutup
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In case this Power of Attorney allows him to sell... both of them get money... half half |
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glenn
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The title/escrow company that disperses the money would issue the check as a joint check made out to all owners. The owners would decide how to split the money. |
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