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Q: Because my wife and I cannot afford the down payment on our first residence by ourselves, her father has offered to provide 100% of the down payment so long as he is a co-owner of the property and can share in any appreciation in value of the property, and we make all of the mortgage payments. What options do we have in specifying how the grant deed to the property should be prepared to provide my father-in-law with a recorded interest? Read more There Are Four Basic Forms of Ownership of Real Property and Each Have Unique Characteristics ›
Q: I need to sell my house with a short sale because I can no longer afford to pay the mortgage. But there is a cloud on the title in the form of a deed of trust that I paid off long ago to my brother, and he refuses to have the deed removed from the title. What can I do to get the title cleared of my brother’s deed so I can complete the short sale? Read more The Real Property Scalpel: A Quiet Title Action ›
