Selling my home!
9 years ago
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Selling my home and buying a condo?
Comments (3)Hi James -- are you buying in the same area that you’re currently living? Or are you changing communities? If you are changing communities, and you are certain that you want to make this move, you could sell your house, and find an apartment in the area you think you want to live in, and live there as you search for homes. Find a rental with a straightforward/low-risk early termination arrangement ( around here many offer a way out for a fee equal to a month and 1/2’s rent). This is what we did and by living in the neighborhood we thought we wanted to move to first, we were able to discover that in fact that we strongly disliked it and were not at all interested in living there. It also allowed us to find another area we would like to buy in (with a lot of help/input from people who were already living there and knowledgable) that was a much better fit for us. The other advantage of selling first was that because our house already sold, we were able to get our offer accepted when the right unit came on (in a hot seller’s market). If we had still needed to sell the house, they would have gone with another buyer, vs taking an offer contingent on the sale of our house. Good luck with your move!...See MoreSelling my home to my tenant
Comments (10)You need a real estate attorney. They will guide you through the process. You owe no money to the purchaser's agent. You have no contract with them nor any implied contract. You said you were military. You have access to your unit's JAG officer. Find them and talk to them. They can be helpful. If you financed the home using the VA, the loan is assumable by your buyer. If your buyer is in the military, you may want to explore that option. Just be certain they will be assuming liability for the loan. Ultimately, you need a real estate attorney. The good news is your buddy has looked around the area and has determined that they would like to stay in your property. You may want to go ahead and get a handle on valuation by getting an appraisal as part of the purchase contract. Your real estate attorney can help with this. An appraisal and knowing the valuation will make setting the sales price in a reasonable range. There won't be any surprises when the buyer goes to finance....See MoreSelling my home with a pool dilemma
Comments (19)We sold my parents old beach house with a pool at christmas-time in 2014. The realtor made a video of the pool and plantings in the backyard at it's peak in late June. The video was funny because we had tenants renting and the kids wanted to be in the video - so we she let them (free models). We also had our pool maintenance company inspect the pool and give a "good condition" letter when we closed the pool for the winter. FYI- The buyers were impressed with our "safety" cover that allowed animals and small children to walk across it....See MoreCan I sell my home if it sits on a family members property?
Comments (30)First, he is not allowed to kick you out of your home. Even if you were living in the trailer for free without any commitment from him, he can't just demand you leave. There is a process in all fifty states for removing people from their home and in none of those is demanding you are "out in the spring" one of them. Next, what you are describing is a contract for acquiring the land. All real estate contracts are required by the statute of frauds to be in writing. However, there is an exception to the statute of frauds for action of the parties. In other words, people can't make an agreement, allow you to spend money towards that agreement and then revoke it because it was not in writing. The smart move at this point is to get him to acknowledge the agreement via text or email. E.g. "When we paid the $4,000 you were behind in your mortgage and then took over your mortgage, you said we could live here and then inherit 10.5 acres of land. So you can't change your mind now and decide you don't want us out. We already agreed." If your father admits to that agreement, even if he just says something like, "that was before you...." then that is the ball game. You win. He will likely not be able to evict you without paying a significant amount of money and the judge is unlikely to issue the detainer before trying some sort of mediation. Even then he is likely to grant you a judgment against your father for any money you paid on his behalf (but not yours). Finally, the question isn't really whether your dad has the right to kick you out (he probably doesn't), the question is can you make him realize it without spending a lot of money. I suspect that you can find an attorney and spend a few hundred dollars to have him write a demand letter that will back your father down. If this is happening now, it will likely happen again, so I would advise getting some legal advice now. If you can't afford it, contact your state's bar association and see if you can find someone to help you pro bono. Good luck...See More- 9 years agolast modified: 9 years ago
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