Wilshire Holding Group

My wife and I were transferred out the state and attempted to sell our house for almost two years prior to moving. We owe more than our house is worth by $250,000 assuming we could even find a buyer! We can--name removed--afford our rent in our new location and this loan and can--name removed--refinance. We tried everything from working with our lender to short sales. Our only option at this point seems foreclosure. I found a company called Wilshire-Holding-Group that takes over your property prior to foreclosure. Their deal is to deed my property to them for a 1% loan-fee, and when the property goes into foreclosure they help �dispute� the record on my credit.

I can--name removed--say I am interested and would just like to get on with my life, but I am very curious. Is this a scam? What are the repercussions in doing this in a non-recourse state?

bank extension fee

I am the general contractor for building my home. I hired a builder to frame up home only. It has been 5 mo and he is not finished. It should have taken 3 mo at the most, but he refuses to work more than 2 days a wk. I now have an extension fee due at the bank. Who is responsible for paying this?

Asbestos Siding

If I am purchasing a home as income property and it has asbestos siding. It is not chipping or peeling, I just wanted to cover it with vinyl siding. What would I need to do? Do I have to remove the asbestos siding first or can I side over it with vinyl? Can I paint it? If I have to remove it, how much would it cost and how could I dispose of it?

short sale hardball

I have an 80/20 both with same lender at time of purchase. (purch money loan). currently negotiating a short sale, but now lender wants full payment of 2nd in order to agree on short sale of 1st. I cannot afford to pay 2nd. if deal falls through, and forclosure is persued by lender, will deficiency judgement be applicable. there is a public auction scheduled in 1 month. any advise on how to proceed to avoid forclosure. not interested in keeping the home as cannot afford it. if hiring an attorney is the answer, how would an attorney stop deficiency judgement. thanks

Estates/Real estate & Real Property

I am a 66 year old woman with one

adult child. I recently inherited a

modest home and small condo from

my father through a QuitClaim Deed

reserved as a Life Estate.

What would be the most advantages

way to leave this property to him?

Should I add him as a Joint-tenant

on both properties (or) reserve these

properties in a life estate and

quitclaim both to him.

Any better options than the ones I

have mentioned?

Thank you

Adding Spouses Name to Property

What needs to be done to add a wife's name to a property (single family home) that is in the husband's name only? Is there just a fee or does the property have to have a title search, etc. done again? What would the approx. fee be to do this? Thank you for your help.

Real Estate

My father married 30 years ago and his wife died leaving everything to him, however, the house and land are still titled in her name. His will states that everything goes to his children. Her only child is now wanting the property. Who wins?

Real estate divided cotenancy in Florida

A friend and I want to buy a house from his friend. The property has 2 houses and his friend wants to sell the larger one. What would be the best way to do this without legally subdividing the property first, and what forms would be required?

Cash from the Sale of Realestate

What is the best option for one who has sold a property in Dubai, $340K cash). Should it be wired directly to your bank account in the states? Put in a safety deposit box, put in CD's , or something else?hat about being taxed on the money as well.

real estate

I am looking for an attorney but do not what kind of attorney I will be needing. for starters it's regarding real estate, and fraudulent loan documents recorded without authorization of the homeowner. breach of contract and forgery can some one please give me direction.

Co-Ownership of House

My father died recently leaving my brother and myself his estate consisting of a small amount of money, a car and a house. My brother is 43 but very irresponsible, both financially and personally. My father's wishes are to have all assets divided equally and because he lives in my father's house we would both own it and whenever it's sold we'd both split the profits. Being a financially irresponsible, my brother needs all the cash he can get from my father's estate so simply giving him the house and me taking equivilant cash is not possible.

Basically, is it safe for me to own a house with an irresponsible person? Is there some liability that I could be taking on (financially and legally) due to some negligence on his part?

I could easily see him slowly eroding the quality / value of the house due to lack of maintainence.

Quieting a deed

Can an individual file to quiet a deed or do you need an attorney to file? If an individual can file themselves where do they obtain the forms to file?

Thanks

Why would a buyer offer more than asking price?

I have a small townhouse for sale.

It's been for sale on and off for 3

years, and finally, I lowered the

asking price to $152,000 and finally

got an offer. However, the offer is for

$159,000--more than the asking

price, with the condition that I pay

forty-five hundred dollars toward the

down-payment AND pay forty-five

hundred dollars toward the buyer's

closing costs. My realtor told this is

because the buyer doesn't have a

decent down-payment & all. I really

want to sell this place, so do I take

this offer? Is this a ''normal but real

creative'' offer in these times? Would

I pay taxes on the selling price of

$159,000 even though the real price

(after I pay out $9000 to sell it)

would be $150,000??? Thanks for

any help! I don't know anyone savvy

to ask, and my realtor is doing one of

those ''dual relationship'' things.

Please please help, and thank you!!!

Quit claim/now in forclosure

I signed a quit claim deed to my ex husband for the marital home. Now the home is in foreclosure with my name all over the paper and the court system and it has ruined my credit. Is there anything i can do about it? Sue my ex husband for not refinancing the home to get my name off it? I am really at my wits end with this i am trying to start my life over and can't get credit anywhere because of this foreclosure being on my credit report!!! Please tell me there is something i can do???

Non Recourse Loan, Recourse State Florida

I have a Purchase Money Loan (Both the First & Second are stamped Non Recourse)

which is being Forclosed upon in the State of Florida, which I understand to be a Recourse State. Since the loans are Non Recourse am I protected against them comming after my assests for any deficiency, even though the state of Florida is a Recourse State?

Legal Use of Private Land in California

I am looking for legal restictions on use of privately owned property in California. Specifically, any restrictions for using the land to host sporting events, or for recieving donations at the event in the interest of improving the land. Any help would be appreciated.

illegal subletter

i am the illegal subletter in a mixed use loft in bushwick. this is common practice in the building and city wide. there is a dispute of over money owed, however, i have receipt of payment, and have not done anything unjustly toward the leaseholder acting as landlord. she retains a profit off the apt and does not reside in the apt.

can i claim rights as 'tenant' if she is acting as 'landlord'?

Can a seller or a real state agent sue

Can a seller or the real estate

sue me if i did not buy a house from them,(after the contract was over) by 4 day's

Because i when to a new seller

& a new house

Property Rights.

To Whom This May Concern:

We are partial owners of real estate, basically heirs. The taxes are deliquent and we want to obtain full rights to the property. We have been acting as actual owners to this property and maintaing the upkeep. This past year we haven't cut the grass because the other owners don't want anything to do with this, but also won't sign over their rights. I would like to know, is adverse possession possible, or would there be another way to remove an entity from having rights to this title. The property is located in Tarrant County and the other owners (who are my counsins) live in Denver.

Thanks for your help,

neighbors new well

Our neighbor already has a well that

produces 55 gpm. They are now

planning to drill a second well directly

across form our well which is our

only water source that only produces

between 3 and 5 gpm. My question

is if their new well causes our well to

stop producing do we have any legal

recourse? We already spent $15,000

7 years ago drilling our well and

cannot afford to drill another one.