QUESTION
using different person in buying short sale property. Person on the loan & title not one paying the mortgage & taxes
Asked on Aug 24th, 2015 on Residential Real Estate - California
More details to this question:
Seller sold property as short sale 2008, seller use a friend to get loan & buy property. Seller gave the buyer 75K cash for down payment. The seller stays in the property, pay the mortgage, taxes& all the bills with her own checking acct. from 2008- 2015. Now the friend buyer has interest on the property. Does the seller has right to the property since the friend never pay anything.
1 ANSWER
Estate Litigation Attorney serving Redlands, CA
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Price Law Firm, APC
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Most facts are needed to properly understand the rights of the seller and the friend. A quiet title action would be the cause of action to adjudicate the rights of the seller and the friend in the property.
Answered on Aug 28th, 2015 at 7:12 PM