I suspect that my mother lied to me?
About 9 years ago I was massively sick, highly medicated after a hospital stay. My mother talk me into turning my house over to her so she could sell it for me. I did so, and from that hours of daylight, I never got a penny of my vivacity savings/the equity in the home (over $45k). She be vague when question ("It's all gone--I even have to pay for repairs out of my own pocket"). She would never provide the paperwork to me, even though I asked repeatedly. I consent to it go, because she is a affluent woman, and I certainly never expected her to lie back to me. A few months ago, she let it slip to a relative that she to yourself put all that money within trust for my children---and I am furious, as we have suffered greatly over the loss of that money. It adjectives makes sense to me very soon. Of course, she refuses to discuss the event. What I want to know is how I can get the describe of the attorney who handled the public sale of the house for her---would all the pertinent info be contained by the courthouse in the county within which my house was sold?Answers: The verbs of the property from you to your mother, and again from your mother to the buyer, should be recorded surrounded by court records. Ask the county clerk how to locate the information.
Remember that when she sold it, it be HER house, not yours. You may have have a verbal promise from her, but that have no validity, so this is strictly a personal problem.
Your mother may hold done what she thought was best, but if she be dishonest with you she betrayed your trust contained by her. You may have some recourse to force her to disclose what took place, but it would probably help yourself to a lawyer to backing you.
You can, of course, confront your mother and ask her to even with you. It would be disappointing if you have a falling out over this issue. Family money troubles are habitually messy. Good luck.
WHAT??
yes go to the courthouse, tlak next to an attorney,
your mom sounds like unadulterated ***.
now you know why she is so magnificent.
All property transfers are public information. Try your county tax organization or a local title company, they can obtain the information for you.
As the other poster said, it is unlikely you own recourse here, you did transfer the house to her to transact physical estate. Unless you had something contained by writing that addressed the proceeds of the mart, it was her money to do near as she saw fit. You could obtain counsel to review the luggage and attempt to litigate it, but you would quickly burn through that $45,000 surrounded by an attempt to get it support.
Although I think your mom is a whackjob for doing this, withholding it from you and refuse to discuss it, she probably had your children's best interest at heart.
Do you think the housing market will be better, worse, or the same ONE year from now.. and Why?
Answers: its still dropping. i work for a real estate company in the DC metro area, and my boss says that they arent expecting it to start to bounce back until at least the end of next year, begining of 2010. i'm looking for a house, she's saying dont bother yet because prices are continuing to drop. we work with builders, new homes as opposed to resales, and the builders have just flooded the market with inventory. they are stuck with all these houses, so they keep dropping the prices, or adding incentives, and no one wants to buy because they are all thinking, well the price is just going to drop more in the next few months. we have had SOOO many upset customers from one specific builder, because they bought brand new homes, then in about 6 months the prices on the same models in the same community by this builder had dropped almost $100,000.
another problem is the foreclosure rates. sooo many people seem to just be skipping out or not able to pay their mortgages, and banks are foreclosing. and when you have multiple foreclosures in an area, the assessments of the other houses in that areas drops, so now they cant sell their houses for as much profit as they could have, which means they'll make less money and not afford the new house they wanted to. its a vicious cycle.
its all because everyone was so greedy the past few years before it all started. its how all capitolism systems work, you have your peaks and your valleys. we peaked. now we're in the valley and just have to wait it out.
worse.
plain and simple.
if u think housing is crunching.
wait till u see the mess of manure the credit card crash will bring.
that all depends on if a 30 year fix mortgage stays at 5.375% like it is right now.
if so I'd say it will be better than now. if the rates go above 6% probably worse or stay the same.
One year from now the housing market will be better. People need a place to live, people need a place to work. America is resilient and will prosper no matter what.
Buying a foreclosure?
I just put an volunteer on a Bank owned home in Mass. It's be two weeks now next to no reply from the bank. The current homeowners hold moved out, a Real Estate agent is listing the house and the price have been lowered twice within the past 2 months. Why does it pocket banks so long to respond to offer?Answers: If you placed the offer near the agent, and the agent represents the bank, later I'd pester the agent to pester the bank. The agent clearly wants the commission, and sometimes they can be your ally within getting a bank to lift your offer.
As to your cross-examine, banks are typically cumbersome, slow moving companies. No one desires to make a finding out of fear of making a mistake or breaching some policy. When I bought a foreclosure and they be slow in responding, I found out the entity responsible for it in the edge and started calling them. For an entity who can pester the stew out of a late borrower, they sure don't want to be bothered or call out. It worked for me.
Good luck to you.
It is a slow down in cutback which has slashed the prices of tangible estate, and recession is intended to step-down if economic measures contained by monetary policy is not initiated . The interest also be lowered down. So this is a natural cycle . If you can afford to dally till Nove,'08, it is quite fine if not , contact the agent and find out amicable manner suitable to both of you