 Bank trouble!!! Please look at this, do I lose honest money(tenthousanddollars)... the bank rejects the loan |
| I am trying to buy a house. I gave ten thousand dollars honest money. Then I got the approved letter from the bank. Then ONE WEEK before the closing date, the bank rejected the loan. If the seller ... |
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 What type of mortgage would be best for us? |
| We are going to refinance our mortgage due to a variable rate issue in August. However, we are un-sure wether to go with a fixed rate or a 5 year ARM at a little over a .5 % less. We do not plan on ... |
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 I want this old house, but I don't know the owner? |
| There's this really old, small house on the side of the street on the edge of a small wood next to bigger, nicer houses. I've lived here (Raleigh, NC) for 6 or so years and I have never ... |
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 Buying a house...What should I offer? |
| I am wanting to put a bid in on a house. The house has been listed for about 2.5 months and the owners were originally asking 79,000. The just lowered to 74,000 about two weeks. I was thinking of ... |
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 If house prices are so low right now and still dropping why does my rent still keep going up? |
| I live in Michigan where house values are at an all time low. You can buy a house that 6 years ago was 200,000 for about 140,000 now. I don't have the time for a house and have been living in ... |
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 How do I ask my land lord if she will sell me the home I am renting.? |
| When I first started to rent, she didnt want to rent, but wanted to sell and get the house out of the way and have the money. Now, that she sees I am a good renter, she isnt sure if she wants to sell,... |
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 Legal question what liability does my landlord have? |
| We've got a problem with a leaky roof which is badly in need of replacement with all the rain we're having at the minute even the kitchen window is starting to leak, the roof is leaking in ... |
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 Can a 16 and a 18 year old rent a house in indiana? |
| we are a young family and we want are own space.... |
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| My landlord sent me fake eviction papers to evict me before the sale of this property. Should I go to the DA? |
Additional Details
(1)Court summoms paperwork sent to me lacks any details on what to do like "You must respond in writting in 5 days" ect. (2)I checked and the case number is ... |
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 Do you claim your 1 year of rent on your taxes? |
if so, about how much more did you get back?
Additional Details
for all the people saying you can't claim your rent on your taxes, yes you can where i am.. and thats indiana.. i was ... |
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 How long does it take before agents begin to show my house? |
| My house was only listed about a week ago, but I haven't gotten any calls about showing the house yet. (Yes, I know I'm anxious!). My realtor told me that most likely, nothing would ... |
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 Looking into purchasing a home my husbands gross a month is 4062.00.? |
With the credit crunch the lenders are having now, is it possible to get a home loan if our credit scores are between 515 and 625
Additional Details
We live in AZ and there's alot ... |
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 Tips for buying an investment property? |
Hello. I would like to buy an investment property. Either a cheap unit or cheap holiday house. Does anyone have any advice or words of wisdom?
Preferably answers from Australian people due to ... |
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 What average can you expect to pay for closing cost? |
Additional Details
This is for a 3 bedroom 2 full bath finished basement 1800 sq. feet listed at $98,000 if that matters.... |
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 Landlords: Why is it your business whether your tenants have jobs? |
| As long as you have the money in your greedy little hand each month at the same time, why is it any of your business whether your tenants are working?... |
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 Does burying a statue of St. Joseph in your yard really help sell your house? |
| You hear about all the success stories, but what about the ones where it DIDN'T work? There must be tons of those, as well...... |
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darling | Who ownes a home? the person on tittle or the person on loan? please help!!! |
I owe a home and some one is about to sue me so, I gave title to a family member. I'm not on tittle no more but i'm on loan. Can they still come after me? please help! need a lawyer advise but have no money to contact one. Does anyone know?? |
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Big daddy
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first, if your on title, then you own the home, the note of the mortgage is the financial responsibility to repay the loan, one can be on the note, but not in title.
You may have a larger issue at hand here though. You better seek legal counsel asap, as in some states it is illegal for you to deed out of title if you know your being sued (defraud creditors) and they will be able to prove this, especially if your deed has been recorded already and it can be proved that you knew about the pending legal action. You really don't have a choice in this matter, you better find the money to get an attorney, depending on your state, this has the potential to be a very sticky situation |
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unity.4freedom
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The person on the title |
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mcmufin
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What you did (transferring title to hide an asset from a potential creditor) is a "fraudulent transfer," and there fore invalid. Your relative is the owner on paper only. You are still the actual owner and the person who is about to sue you can go after the house.
Why people think they are the first person to ever try to "pull the wool" over the court's eyes constantly amazes me. What you did is common. It almost never works. |
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Cindy T
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If you have a mortgage on the property then the bank or building society that has given the mortgage owes the house until it has been paid off. If someone is going to sue you and you are in the UK go to the Citizens Advice Bureau and they can help you and give you access to a solicitor. |
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Mother Bear
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The person on the title, but they can go back 5 years, if you did not sell the property in the last 5 years they can go after it and press fraud charges against you and whoever else participated in the fraud. |
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sunfried_84
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I'm pretty sure the person on title. The title is the legal document and if your name is on it, then you are probably the legal owner of the property, even if you are not paying the loan. |
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Mitchell H
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The loan has nothing to do with who owns the home. The owner is the person on the title. |
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Lisa B
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I'm not an attorney, but I do believe it's the person on title not the person on the loan papers. But if you recently quit claimed off title in an attempt to "hide" your assets from the lawsuit, it may not help. You probably really need to seek legal advice. I wouldn't feel safe in your situation. |
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maxmom56
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The person on the title owns the house. However, what you did was to commit a fraud and the transaction will be reversed by the courts if your creditor gets a judgment against you.
Oh, and you will owe gift tax on the value of the house. |
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