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Home Ownership : Nationwide Real Estate Advice

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Activity 1,785
Earlier today
Jmfellingwood asked:
My wife and I are under contract to purchase a home that has a septic system built in 1969.

I has passed the Massachussetts required Title V inspection. However, I have some concerns…
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Yesterday at 11:40am
Ebdunlap asked:
I want to transfer ownership of my property to my son; who do I contact - a real estate lawyer or a realtor, to handle this transaction? I am out of state (DE), I'm coming down, what papers…
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Yesterday at 10:47am
Susie Kay answered:
I would suggest that you consult both your attorney and your lender before making any move.
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Sat Oct 21, 2017
Kathy Burgreen answered:
Do you know something about the boy? You're asking the question on the wrong website. To get an answer, try the local police department first. Deaths of children is not public information unless a crime was committed. If the boy died of a medical illness (no crime involved) for example, there would be no information available. The parents would be listed as owners - not the boy and public information about deaths in the home only relates to the parents - not children. This is why there would be no record of a boy's death unless it was a crime scene which would make it public information.

Nobody will be able to tell you about this hone except the police department. You will need to tell the police why you're asking because they will be suspicious.
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Sat Oct 21, 2017
Aneela asked:
Please remove foreclosure details from property 2610 whippet way, sedona, az.

This is inaccurate.
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Fri Oct 20, 2017
Kathy Burgreen answered:
As a former realtor, I've worked with lenders and know the rules. For self employed workers, lenders require 2 years of employment and 2 years tax returns. The reason is because the income is not easily verified by computer and lenders need to average out an annual income from 2 years. As for tax returns, lenders can add back some deductions to increase the income but not all deductions will be added back in.

Employees who receive a W2 from their employer just need 1 month of pay stubs because their income is easily verified by computer.

I think your plan can work. Beware that the interest rates and lender fees for you will be higher since the home will be considered an investment property if it's in your names. Residential loans which have low interest rates and fees also have a requirement that the buyer must move into the home within 60 days and is not allowed to rent it for the first year.

As for any legal documents, you need to contact a real estate attorney. Nobody online can give you legal advice since each situation is different.
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Thu Oct 19, 2017
Kathy Burgreen answered:
It will be easier if you start on Zillow.com first. Zillow and Trulia are the same company, so any changes on Zillow will sync to Trulia within 1 - 2 days.
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Thu Oct 19, 2017
Faith T answered:
Hi,

The photos have been removed from our display as you requested.

Thank you for using Trulia!

Faith
Consumer Care Advocate
http://www.trulia.com/help/ask/
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Thu Oct 19, 2017
Alice Santos asked:
Wed Oct 18, 2017
Mary answered:
Hi,

The photos and property description of the listing have been removed from our display as you requested.

Thank you for using Trulia!

Mary
Consumer Care Advocate

Contact Us: http://www.trulia.com/help/ask/
Help Center: https://support.trulia.com/hc/en-us
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Sun Oct 15, 2017
Rahulsw asked:
I'm trying to do some research related to building on own lot, Does any how much do custom builders charge on average to build 3000 sq ft around Greater Nashville area? I'm not…
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Sun Oct 15, 2017
Sveta75asn asked:
Sat Oct 14, 2017
bob asked:
We have the gotten the certificate of occupancy and the building company gave us the keys... we also moved our stuff into the house. After giving us the keys they told us they aren't allowed…
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Sat Oct 14, 2017
Kathy Burgreen answered:
Are you talking about a flip tax or a mortgage tax? I'm assuming you are referring to changing the names recorded with the county. This can be done thru a real estate attorney or the law firm that holds the shares for the corporation. Since you are still living in the coop, there should be no flip tax.

On other issues, did your ex girlfriend give any money towards a down payment? Did she give any money towards the maintenance or the mortgage loan? Do you have anything in writing that outlines what she is entitled to? The issue here is, what is to stop her from claiming that she is owed money? Remember, there are plenty of real estate attorneys in Manhattan.
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Fri Oct 13, 2017
Amber_becerra asked:
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