A home buyer was in the middle of a purchase when the deal fell through. The title agency had ordered a survey of the property and now the home buyer is wondering if he, or the title agency, is responsible for paying the surveyor. If it is customary for a buyer to pay for the survey on the purchase of a home and the closing agent ordered the survey on the buyer's behalf, the buyer probably owes the money to the surveyor.
A home buyer realizes they didn't receive all of the disclosures when they purchased their home. The lender or escrow company should be able to give them a copy of the missing disclosure. If there is a problem with the home related to the missing disclosure, the buyer should contact an attorney.
When you get a timeshare inheritance you're responsible for property taxes and maintenance as if it were real property. Even if you don't want the timeshare, you're responsible for property taxes and maintenance until you can sell the timeshare. To determine what to do with the timeshare you may want to contact a real estate attorney.
A member of a condominium board wants to educate his fellow board members. Bylaws and declaration hold the key to understanding the board's roles, responsibilities and procedures. The bylaws will tell you the process of electing members to the board of directors and officer duties and responsibilities, and the declaration will tell you what issues require a unanimous vote by owners of the condominium association.
When you buy a home and the home seller fails to tell you about problems with the home, the seller may have violated the concept of seller disclosure. Seller disclosure laws vary by state and to fully understand your recourse you should contact a real estate attorney. The seller may be liable for some of the costs of repairing the items they failed to disclose.
A buyer is out a large sum of money due to fraud committed by a real estate agent. A complaint can be filed against the agent, but an attorney should really be used to go after this agent. It's though to know how to proceed against the agent without the help of a competent litigator.
A seller reader signed a contract to sell his land but would now like to back out of the deal. Once you sign a contract, you are obligated to its terms, even if you don't understand it. As a buyer or a seller, you have a duty to understand the contracts you sign.
A residential construction loan is used by a homeowner while he or she builds a home. The lender gives the borrower a bit of money at a time as the building is put up. When the home is up and the homeowner moves into it, an end lender - meaning a lender that wants to give the borrower a permanent loan - will finance the property as it would any home, without dealing with construction issues. During the construction process, the lender will give you money to continue with your construction. Each time you need money for the construction you request a "draw" on the loan. Once a portion of the loan is paid to you, you have to start paying interest on the loan.
