Real Estate Q&A
User question: Can a short sale be done without affecting a family trust that was a cosigner on the loan?
User question: Is a contract to purchase, along with the bank's counter and purchaser's agreement to $2,000+ in purchase price, not a binding contract?
User question: My fiance and I purchased a home together then separated. He is now unavailable to sign papers to sell the home. Can I have him sign Power of Attorney over to me only for his signature and sale of the home?
User question: It is my understanding that Arizona is an "anti-deficieny state"--Arizona Statue Section 33-814G--therefore if it is a Recourse Debt you can throw away the 1099-C and forget about the canceled monies, which means you do not need to claim them. Is this true?
User question: After applying for refinancing, we were informed that we have a credit enhancement on the loan which makes us ineligible for the HARP program. How do we get rid of the enhancement and get our loan refinanced?
User question: I was contacted by a law firm offering to help me keep my home. Then they said it would cost $4,000 for this assistance. This seems like a lot of money for something I have read I can do myself. Would a lawyer help in this situation or was this a scam?
User question: I have been working with a realtor for a year attempting to sell or short sell my condo after losing my job. Finally BOFA has accepted a short sale offer that has been made but indicates they will be sending me a 1099 tax form. My question is, what exactly does that mean?
PHOENIXLAW.TV
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