Q&A: How should proceeds of house sale be shared?

Question by blue3gem: How should proceeds of house sale be shared?
My friend together with her 3 sisters inherited a beautiful house. One of her sisters lived there and neglected the property. it was in a bad state of repair. My friend and just one other sister paid for the repairs and refurbishment. They also paid the mortgage arrears and the other bills that were outstanding. If the repairs had not been done the house would have been sold at a lower price. Should the sister who caused the damage be made to pay out of her share of the proceeds. There are 4 sisters should they all benefit from the work done by 2 and if so how should the proceeds be shared fairly.
~~They are in the UK

Best answer:

Answer by netthiefx
My advice would be to consult with an attorney, while keeping in mind Real estate agents have a background in real estate law as this is a requirement of theirs, doesn’t make them an attorney but I would ask the agent this question first.

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What should a person who wants to buy a house do?

Question by lakecity21: What should a person who wants to buy a house do?
What should a person who is single makes $ 30,000 a year, has a very poor credit score of about 500, had a foreclosure and a repossession, but does not have any debt be doing now if they want to buy a house a year from today?

Best answer:

Answer by Hunter
you need to start building your credit.
Click on this web site and read about how to do this:

http://credit.about.com/od/buildingcredit/tp/building-good-credit.htm

Know better? Leave your own answer in the comments!

How much a Legal assistance with no experience should make per year in Atlanta GA?

Question by bridgettestefan680: How much a Legal assistance with no experience should make per year in Atlanta GA?
I don’t have experience but I have a degree and I am bilingual, I need to know how much should I start making per hour or yearly with zero experience. Thanks

Best answer:

Answer by Ty H
Probable between 25 and 30 k a year. Get more experience and you will make more.

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Q&A: How should I put an offer to a short sale house?

Question by oldnj: How should I put an offer to a short sale house?
I live in central NJ with still high real estate market, but plenty of foreclosure and short sale.
There is a house listed for 509k in short sale. It seems to be in good condition in a nice area. So I was wondering how low offer should I put on this house?

Best answer:

Answer by chatsplas@sbcglobal.net
Well if it’s a SHORT sale, the seller is getting NOTHING, and the bank is getting LESS than they owed. So if you realy want it, don’t think LOW. Short sales can take a LONG time to get the paperwork, contracts, closing, frustrating.

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Q&A: I am purchasing property in Gurgon/Delhi/NCR; how much should a lawyer charge to provide legal assistance?

Question by Fazilka: I am purchasing property in Gurgon/Delhi/NCR; how much should a lawyer charge to provide legal assistance?
I realize one can purchase property without a lawyer’s assistance. But I have moved here from abroad and would like to be safe and have legal assistance. We haven’t finalized on ‘new development’ vs. ‘resale’, so I’m interested in finding out the answer for both cases. I’m specifically looking for legal assistance for reviewing all documents, helping with registration, etc. I’d like to get a general idea of rates for a professional lawyer for this type of assistance. Thanks!

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PHYSICIAN ASSISTANCE IN DYING The Supreme Court should limit, but not prohibit

PHYSICIAN ASSISTANCE IN DYING The Supreme Court should limit, but not prohibit

From contraception to cloning, when the progress of medicine collides with complex ethical and legal issues, the reflexive cry from readily identifiable quarters about the newest medical advance is “Ban it!” Such a collision is occurring as the US Supreme Court considers two cases from opposite coasts of the country that address such a complex fundamental issue–the right of competent terminally ill adults to seek physician assistance in choosing the time and place of their death. This collision

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How And Why You Should Stop Repossession

How And Why You Should Stop Repossession

Every good deed has a reason behind it. You can actually make a tremendous impact when you know what to do and the reasons and you are trying to have that happen. There is justification enough to make you want to avoid losing your home like someone who is thoroughly ignorant.

If you have found a reason for wanting to block the loss and pain that would come when your house is taken away from you, you would probably also have thought of a way to get that done. Where there is will, there is way. Let us just remind ourselves of how this can be.

Stop repossession by remortgage

Remortgaging your home is the best way you can actually prevent yourself from the pain and loss of your beloved home. When you remortgage, you actually can even stay back in the home as a tenant and everything else would remain as it has been before.

Stop repossession and get funds

While stopping the loss of your home, you would convert it into cash and pay off the mortgage arrears, other debts that you have and are unsecured and you would feel like you are actually on your way to the freedom that you deserve. You can make a difference by choosing to stop the loss.

Stop repossession and release your equity

There is no way your equity would be released when you have not paid for it. You also cannot pay when your financial situation is still sick. So, you can remortgage the home and have this release so that you make the pending payments and live a life free of stress.

Stop repossession and hold off threat

If you need to have a meaningful life, you need to try and live with no threats. Threats can scare you and even interfere with your reasoning abilities. You can actually make a difference when you stop all these at an early stage.

Stop repossession at all costs

The frustrations that would come with repossession are what would make you beat all the odds and have it stopped. You cannot just understand what that would mean until you get the true picture of how it feels to be homeless suddenly. You have to take charge and stop this from happening to you.

Stop repossession, start early

Of course, you have to be swift to be sure that you will manage to stop losing your home. You need too quickly find a place where you would get the right help and then you would need to make a quick choice on how to go about it. The earlier you start, the better your chances of success.

Get competitive offer to stop repossession

There are so many people hoping to help you through the frustrating times. You can actually make a difference when you know the rates at which they offer the service and their terms. So, consider a few and see how they can be of help to you.

You will certainly find a reliable one who would stop at nothing to ensure that you stop repossession.

 

If you really need to stop repossession, you will stop at nothing to ensure that it is done and in the right manner. Then, you will be happy to sell and rent back in a comfortable manner.

More Stop Repossession Articles

What amount of rent should I get back in taxes?

Question by G Steezy: What amount of rent should I get back in taxes?
I am a college student and have been paying rent for the last four years. The tax return for this year has me getting less rent back than last year even though I paid more rent this year. How is this possible? I have all the Certificates of Rent paid and I see that they are all multiplied by 19% to come up with a number. Should I not get that much rent back? Seems a bit strange. Can someone help me out?

Best answer:

Answer by SG
Rent that you pay does not affect your federal income taxes…

Who gives you your rent back?

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What should a person expect when purchasing a foreclosure home?

How does one deal with a foreclosure? Is the buyer allowed to look inside the house and should one go to bank if interested in buying a foreclosure home.

The 250 Questions Everyone Should Ask about Buying Foreclosures

  • ISBN13: 9781598695830
  • Condition: NEW
  • Notes: Brand New from Publisher. No Remainder Mark.

Product Description
Whether you’re looking to buy foreclosed property as an investment-or as your dream home, The 250 Questions Everyone Should Ask About Buying Foreclosures provides you with the essential questions and answers including how to:Decide if a foreclosure purchase is right for youLearn the foreclosure rules particular to your stateFind thousands of property listings before anyone elsePlace the perfect bid at auctions Buy properties during various stages of the foreclosure … More >>

The 250 Questions Everyone Should Ask about Buying Foreclosures