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Recent content by Warped

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

  1. W

    Unusual situation re: trained for job but not paid right rate

    What is the name of your state (only U.S. law)? VA My immediate supervisor resigned a few months ago. Before his final day, I was called to corporate HQ by his supervisor and told that he would like for me to become a "buyer". In further conversation, I asked if this constituted a promotion...
  2. W

    Malpractice? Unethical?

    What is the name of your state? VA Last year I sold two properties to a developer. At the last minute the developer asked me to carry $65k of the debt for a term of 30 days in return for $3000 more than the agreed upon sale price. I was hesitant but agreed on the condition that they give me a...
  3. W

    Big convoluted mess. Have to forclose on lien as 2nd mortgage

    What is the name of your state? VA This is a pretty convoluted mess. I will try to be as brief as possible. I am posting this because I would like a second/third opinion on the matter. I have every confidence in my attorneys and they are well respected in the area. I sold 2 adjoining...
  4. W

    Buyers keep delaying closing

    What is the name of your state? Virginia I have a contract on two duplexes that I own. The original contract stated that the buyers would close by 1/14/07 with an automatic extension, if necessary, until 2/14/07. Since 2/14/07 they have delayed closing for various reasons including alleged...
  5. W

    Capital gains but not the normal situation

    What is the name of your state? Virginia I've searched the forum and nothing matches my situation. I will try to explain it as briefly and succinctly as I can. Please feel free to ask for any clarification. :D 1: I inherited 1/3 of a duplex on September 15 of 2004. 2: I bought out my...
  6. W

    Zoning questions

    What is the name of your state? VA I've put my two adjoining properties up for sale and a prospective buyer has made an acceptable offer contingent on getting the property re-zoned from R-11 to R-15 and being able to build 15 townhomes on the lots. They want 90 days to study the zoning and, I...
  7. W

    Disclosure on "AS-IS" property

    What is the name of your state?What is the name of your state? Virginia I recently closed on a home that I bought to rehab and resell. I knowingly bought it as-is. I had the most thorough inspector in my area inspect the place and I accompanied him throughout the process. What I've...
  8. W

    Buy/rehab/resell real estate. Tax implications?

    What is the name of your state? Virginia Hi, I looked back a few months on this board but was unable to find an answer to my questions. I am buying a fixer-upper house with the intention of repairing everything that is wrong with it and then selling it at a profit. I do use a tax...
  9. W

    Right to assign a contract for purchase?

    What is the name of your state? Virginia I have been doing some reading on real estate laws and I need to know if Virginia recognizes or allows the right to assign a contract to purchase real estate. For example... Let's say that I want to buy a piece of investment property, potentially to...
  10. W

    Contracting City Gov't to install sewer service. Questions

    What is the name of your state? VA Forgive me if this isn't the proper place for this. This is the situation... Questions are in bold font. :D 1: A rental property that I own was built in 1952 and has had a septic system from day one. In 1954 the state took 15' of the front yard for the...
  11. W

    Trespassers next door

    Virginia This may go long, please bear with me. :D I own two properties that adjoin back to back to make a 100' wide swath 375' deep. One property fronts a 4 lane highway and has driveways accessing the highway. It has no existing fence. The rear of the property that I occupy is fenced...
  12. W

    Utility easement questions

    What is the name of your state?What is the name of your state?What is the name of your state? VA Sorry that this is so long, I need to provide some details to make the situation clearer. I own two homes that are on lots that join together back to back. Essentially, I own a 100' wide swath...
  13. W

    Non-probated estate questions

    I'm not a lawyer! That sounds like fraud to me. Your mom legitimately (sp?) made the $15,000.00 in credit card debt and has enough in her bank to pay it off so, pay it off! One of you needs to file to become executor/administrator of her estate with the probate court unless her will...
  14. W

    Multiple home owners - One wants to buyout

    I'm not a lawyer but I recently bought out my only sibling's share of a house that was left to both of us. Is the house now in all 3 brothers' names? If they put the mother's will through probate then that likely automatically transferred it over. That's how it worked for me here in VA...

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