 Escrow Question...? |
| I have money sitting in escrow from a real estate deal that fell thru. I was denied by the co-op board... How do I go about getting it back? I have no lawyer anymore. How long can money sit in escrow?... |
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 How do I finance a house down payment while I am still making payments on the home I am trying to sell? |
| The buyer for our home just backed out and we have to close next Friday on the house we had made an offer on. We don't have enough cash on hand without our equity in this house to make the down ... |
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 Where do you think the housing market is going to be in 5 years? |
| I live in Huntington Beach about 2 blocks from the beach amnad main street, I bought my property for $500,000 9 months ago and have an oppurtunity to buy another 1 for $375,000 and I could rent it ... |
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 Landlord Obligations? |
| my sister is a landlord and is moving back into her house that she has leased so does she have to go through her solicitor to tell them they have to move out. what is her legal obligations for ... |
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 My landlord is taking me to small claims court after a year of moving out when he gave me my full deposit back |
| I moved out and then a year later he is suing me for 3000.00 for replacing the carpets. When i moved out we did the walk thru and he gave my full deposit back.... |
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 Mortgage Loan Question? |
Our good friends are buying their first home. They are more than confused about how to finance it.
The home costs $130,000
They do have $10,000 to use for closing and or down ... |
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 Compelling reasons for/against moving to Florida...please? |
| I'm a single mom of a five year old, and am considering a move to the Brevard County area of Florida. I don't really like Florida, but as I see it, I can struggle anywhere...and I have ... |
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 Looking for a lender that doesn't require employment verification with mid score of 768 and no late payments. |
| We have excellent credit, no late payments, not much debt apart from credit card and always pay on time. We are seeking a lender who can give us a break. Husband out of school and doesn't have 2 ... |
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 Moving suggestions? |
| My new lease at my new apartment begins July 1, but my current landlord says my current lease expires 10am the day before. How do most people work out this situation?... |
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 Has anyone ever been harassed or ripped of by rent a center? |
if so could you please explain if it was harrasment or rip off and also if you were harrassed explain how.
Additional Details
if this does not apply to you would you be so kind not to ... |
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 Would it be better to rent for $800/mo or try to buy a house with no money down? |
| I'm 25, still in college, but I'm tired of throwing money away on rent. I have no other debt, my car is paid for. And I work full-time. But I don't want to get screwed on interest, ... |
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 We bought a house last year for $350.000, the price now is $372.000, if we sell it, do we make profit ? |
Additional Details
The reason I ask is because maybe I will be moving out and find my own place like a town house, so we have to sell the house. Can I afford a town house with approx. $6... |
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 Is a real estate agent required to work for a broker? |
| I am interested in getting licensed to be a sales agent - I just want MLS access, and be able to sell properties myself that I rehab. Am I required to be licensed if I want to sell my own rehabbed ... |
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 Landlord legal question? |
| I moved out of my old apartment. I gave the landlord $1200 for security deposit. We walked through the apartment on my move out date & she said nothing about the condition of the apartment, ... |
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 Can I qualify for a mortgage loan? |
| My husband and I are wanting to buy a home (after many years of renting). We have a good monthly gross income ($11,500). However, we have a lot of credit card debt (61K) and a small balance on a ... |
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 Are first time sellers usually trustworthy? |
| I know that usually i should buy from only sellers with good feedback, been ebayer for long time etc etc....however theres this really good deal, but its the first sale for that person, or he has no ... |
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 Is there a age limit at whice u can purchase a home..? |
| my aunt been abroad most of her life, and now decided to come back to usa, she is 50 years old, she was tryin to finance a new home but the bank give her a hard time they say due to her age, ... |
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viplapdance | There is a empty house 3years in my neighborhood the owner died can i take over the house?i live in californi? |
i herd i have to do a hostile reverse domain 1 trespass 2 fix it up 3 live in it.is this right?whoever this property was left they have left it behind and have not been there for over three years
Additional Details
adverse possession is what this is called?i want to know has anybody done this? |
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Landlord
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The odds of you being arrested for trespassing before the 20 years passes are pretty darn good.
Someone owns the property. If it is not an heir it is the state. I have property I own in Colorado that I never visit, I just pay the taxes and to have it cleared every couple of years.
There is no requirement that owned property be resided on by the owner. |
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Jelly Bean
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Doesn't mean anything. The property is more than likely tied up in probate which sometimes can take years. As long as the executor of the estate is maintaining the upkeep and a paying all property taxes then nothing can be done. Check with the court clerk on the status of property taxes to see if they are current. If there are taxes owed on the property they would have to be paid before the city would release the property to you. There are no squatters rights in town. |
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golferwhoworks
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i have no idea as to squatters rights where you live |
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ronimg
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I do not know any state that you can just take someone else's property without paying for it and transfering title. Contact your taxing authorities to see who owns it and contact them directly. |
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I Buy And Sell Houses
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You "herd" wrong, unless you were like Dr. Doolittle talking to the animals.
Someone owns the house. Probably the heirs. Maybe, if taxes haven't been paid, the city or county has foreclosed on it for nonpayment of taxes. But there is an owner. And you have to buy it from the owner.
To find out the owner, contact a Realtor. Or search online. Use the search term "[County] California Tax Assessor," where "[County]" is your county, like Los Angeles. Most jurisdictions now have tax records on line. Find out who owns the property. Then make an offer to purchase it.
If it's owned by the county, then it'll be sold at some point. Most jurisdictions sell tax foreclosures, often with an auction process, once or twice a year. But it's far more likely that it's still owned by an individual, probably a child (or children) of the deceased owner.
Or it's possible that the house is tied up in probate. Or that the kids are fighting over the house. In that case, there will be an executor of the estate. You'd contact the executor and offer to buy the property. However, when there are multiple owners (or potential owners), it's often very difficult to get them all to agree on a sale.
You ask about "adverse possession." A common example is when there's a fence separating two properties. But the fence was placed a couple of feet over the property line. After a specified number of years, in some jurisdictions, under some conditions, the person with the extra property may be able to claim the property under adverse possession. But you can't do it by becoming a squatter.
But, no, you can't "take over the house." If you trespass, you very well could end up in jail.
Hope that helps. |
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bud68
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You "herd" wrong. Someone owns it even if it is vacant. |
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Vince T
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Yes you can, ADVERSE POSSESSION in California is rare but you have to occupied the property and make it known for 5 years. During this time you have to pay the property tax. This is assuming the property was owned free and clear, but if there was a loan on it the bank would of foreclosed and sell the property already.
here are some refs
http://en.wikipedia.org/wiki/Adverse_possession
http://www.expertlaw.com/library/real_estate/adverse_possession.html |
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acermill
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There is NO opportunity for you to gain ownership of this property via adverse possession. You do not understand the concept in the least. "Adverse possession' refers to parcels of land which have been continually used by another other than the owner for a specified period of time as if the property were theirs. That also includes paying property tax on the property as if it were owned by another person.
The period of such use varies from state to state, but is generally not less than ten years. If you plan to obtain ownership of a property via adverse possession, you have a LONG way to go. |
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sharkskyn
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You should retain a property lawyer for this one. You're going to need one eventually during the process of filing. You wouldn't want to leave any loopholes or openings for people to scoop your opportunity over a mere technicality. Especially after you've invested time or money into the property. Sounds like something worth going after.
But don't get your hopes up. It's rare for someone to walk away from, or someone to not already be on top of, something with equity. |
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