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• 1. S

     Morgage Issues with Son/Non Payment

     What is the name of your state? Virginia/home is owned in Florida My husband purchased a home for his son in Florida b/c his son could not qualify for a mortgage. The "verbal" understanding was that we would rent to him for 2 years while he got his finances straight and then he would purchase...

     • spterry
     • Thread
     • Oct 15, 2003
     • Replies: 3
     • Forum: Other Real Estate Law Questions
  2. S

     unpaid taxes/we own house

     What is the name of your state? Florida We recently purchased a house for our adult son, as he was unable to qualify for a mortgage. The closing was executed with his name on the "deed". We did this with the understanding that in a couple of years when he has repaid his debt he would then...

     • spterry
     • Thread
     • Dec 15, 2002
     • Replies: 2
     • Forum: Tax Law
  3. S

     2nd marriage issues

     What is the name of your state? Virginia Data: 2nd Marriage-20 year age difference (me-42, him-62) Children: His-3, Mine-1 (no ours) Parents: His-mother, 91 y.o. with big bucks, no siblings Mine-father with Moderate estate, one brother, i'm exect. Issues: Do to large age differenc it...

     • spterry
     • Thread
     • Sep 27, 2002
     • Replies: 4
     • Forum: Wills, Trusts and Estate Planning
  4. S

     buying home for relative :(

     What is the name of your state? Virginia/Florida My dh & I live in VA, dh's son lives in FLA. Dh son has horrible credit and is renting a home which is for sale. DH wants to purchase home, have son's name on deed and we/dh carry the mortgage; i.e. son pays mortgage directly but it's in OUR...

     • spterry
     • Thread
     • Sep 27, 2002
     • Replies: 4
     • Forum: Buying & Selling a Home