Posted October 10th, 2010
by admin
gb298888 asked: If you have a written contract for a property/ real estate and the buyer(supposed buyer) breaks it by not paying, can I enforce that contract? And get the property back since he didnt pay for it? The written contract was done in the County Office in front of a notary and lawyer(buyer’s lawyer). Also i have found out that if a party(buyer) fails, without legal excuse to perfrom any part of a contract that it is called a breach of contract and can be voided is that true? the suppose buyer and his lawyer was the one who wrote up the contract and they are the ones who broke it. Can i reclaim back the property/real estate that he buyer well supppose buyer didnt pay for? He has the deed and wont return it, what can i do? That wont be right for someone to keep something that didnt pay for. Also I live in the state of NY what is the statue of limitations for this? I looked on this website and it said 6years is that true? Help Please.
Tags: Legal Excuse, Notary, Property Real Estate
Posted in Law & Ethics | 2 Comments »
Posted October 10th, 2010
by admin
richkvegas asked: There were a lot of people specualting on real estate taking 0 down mortgages and now walking away from the houses and letting the banks foreclose. These people have ruined some markets and there only punishment is a ding on their credit score. What a joke. Thanks loose lending. Everyone acted like the party would never end.
Tags: Banks, People, Real Estate
Posted in Renting & Real Estate | 4 Comments »
Posted October 10th, 2010
by admin
Verna asked: If the real estate agent representing the Buyer knows of a flooding problem, must they disclose this information to the buyer? Is it unethical if they do not?
Tags: Real Estate Agent
Posted in Renting & Real Estate | 3 Comments »
Posted October 10th, 2010
by admin
gb298888 asked: If you have a written contract for a property/ real estate and the buyer breaks it by not paying, can I enforce that contract? And get the property back since he didnt pay for it? The written contract was done in the County Office in front of a notary and lawyer(buyer’s lawyer).
Tags: Lawyer, Notary, Property Real Estate
Posted in Renting & Real Estate | 3 Comments »
Posted October 10th, 2010
by admin
LeoD asked: There is this really nice 16 family building I want to buy or invest, But I don’t have the down payment type money.
I’m 19 and I don’t think the bank will give me a loan at my age.
the cost is 1.9mill, I know this would be a great investment.
What are my options to getting this thing done, seriously.
Tags: Invest, Real Estate, Type Money
Posted in Renting & Real Estate | No Comments »