PropertiesMagazine.com Real Estate Blog

FineArt1983 asked:


A lien was recently [July, 2007] placed by the IRS against a piece of Real Estate in New York that is owned by an Estate that I am the Executor of.

How long do I have from the time the lien was placed by the IRS to the time that the IRS forces the property for sale or auction? If the property is forced for sale or auction by the IRS is there some type of redemption period that I have?

The Estate does not want me to sell the Real Estate.
The estate will be able to pay the IRS what it owes within three months. Do I have that much time before the property is placed to auction or sale?

NewToStocks asked:


Such as: Do foreclosure increases affect the stock market and in what ways? What happens when deeds recorded decrease? What happens to the stock market when median home prices go down? What happens when new construction permits decrease? This is of course referring to residential real estate, but what about commercial real estate? Thank you very much for your input.

interested asked:


Adverse possession relating to real estate, are there specific requirements in the state of AR to acquire the real estated in question.

Lisa L asked:


I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and still purchase the property. I have released all my contingencies and we have a close date set.

My real estate agent happened to tell the seller’s real estate agent that we found out some of these things on the property – most importantly about the flooding – and now the selling real estate agent wants me to sign a bunch of documents listing out what I found out as if she had told me about them. I don’t want to do it – it took considerable effort for me to uncover these issues and I have already signed off on contingencies. I don’t think I need to also let her off the hook as if she had disclosed these things to me – she did not. Can the realtor force me to sign these?
I am asking if a real estate agent can legally force me to sign informal and misleading documents in order to progress with the purchase? The seller and I have already signed all legal documents as outlined in our legal contract.

Help asked:


Foreclosure has started, getting ready to move now, how long am I liable for the home?

Lisa asked:


After your house has gone through foreclosure and your house has been sold, Can the creditor garnish your wages for the balance due?

JustAsking asked:


Totally new to the real estate game. I can’t seem to do an effective search in Google to get me good sites.

Ashley asked:


Is it also possible to have a BSN as a registered nurse and have a real estate licence too?

Christopher B asked:


Can you explain the process of shorting on a foreclosure? How do the negotiations work with the lien holders? What would be a normal offer for a foreclosure property (as a percent of retail value)? Thanks, first best answer gets my ten points.

smacatxfl asked:


Just curious how real estate people are making ends meet. The “easy” money of listing and selling and taking people
‘s equity has put a temporary freeze on your earnings. Just was curious as to what other means you all have at this time?