Lawyer gives you gross 90K minus applicable fees and other penalties. You can then deposit it to the bank. Its clean money.

A standard transaction in every real estate deal is the money from the buyer goes to a lawyer. The lawyer pays the real estate broker all the commissions, pays for a mortgage balance, outstanding mortgage payments if any, property taxes up to date, utility bills up to date, pays for all of the secured loans which were taken against the equity of the house if any and of course the legal fees. Is anything is left the seller gets a certified cheque from the lawyer with the balance.

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I purchased a home in port st. lucie, fl 2 years ago. it was a pre- construction opportunity that my brother got me into. we were supposed to sell it after a year to make some money. unfortunately, since the real estate market has fallen apart we couldn't sell it. we had to rent it out and after only 9 months the tenant who was not paying on time to begin with, decided that she couldn't afford to pay and broke the lease. the house is up for rent again in the mean time we have other bills to pay and are stuck with a mortgage that we basically can't afford. neither my brother or i can't move into the house due to the distance from our jobs. i really regret ever getting involved in that situation but i know that it's done and i have to deal with it. does anyone have any advice? what options do i have? i really don't want to lose my credit although i know it's almost inevitable at this time.

Hello - Find a tenant, even if you have to price it below the mortgage payment, at least something will be coming in. I would try to get both a security depositt and last months renupfrontnt. And a second job if needed in the short term to cover the rest. Good luck -

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My husband and i are trying to sell our home in north port, fl. he is in the military and we are not stationed there anymore and haven't been for three years now, which is how long it has been on the market. we have had absolutely no luck with selling it and now the mortgage has caught up to us with all of the other bills so much i'm not sure how to buy food for the next two weeks. to top it off i'm pregnant and the state were in won't help us with wic or food stamps because they won't take in account the money we have to pay for this house that won't sell. any ideas how to get it sold???? i've tried everything we can think of, no one seems to want to rent it either. help! i'm not sure why the house won't sell. we have lowered the price as low as we can go to pay what we owe, which actually is about 100k less that what it's worth. it is only four years old and completely up to date. and we've been very lenient with the rental terms. i haven't tried a higher commission for the the realtor though maybe that will help. any other ideas?

Why won't the house sell? If you just aren't getting any offers, then you need to lower the price. If you are getting offers but people are backing out after the inspection, then maybe you need to get some repairs done or offer a buyer rebate that people could use for repairs or upgrades. One trick I've suggested in today's market for selling is to offer a higher commission for the buyer's agent. You know that its standard for the seller to pay 3% of the purchase price to the buyer's agent as commission. Try offering 3.5% or 4%. This only costs you a few thousand dollars extra but it will get every agent in town lining up to show your house to their clients. This of course will only work if the house is competitively priced and in decent condition. As for attempting to rent it out just lower the rent and make the rental terms more flexible.

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.. how sad and draconian a world is it that the brits inhabit and do nothing about... capitalism has never been about sharing... it spun that as a cheap, mugs' myth by blair and thatcher. capitalism is solely in the hands of the old wealth base. they simply print more money. that has always led to the problem and funded the rich out of it. but it is a recent example of the ordinary bloke re-mortgaging his brains out, holidaying in the bahamas and only being able to pay for it on paper. it is not just the filthy rich that are the butt of the recent financial meltdown. in reality we all are... because we believe the existing system is the only option... often negate individual talents, and rely on peer group mediocrity that encourages people to move from blue to white collar lifestyles, which they end up hating, because the larger capitalist agenda eats that socio mobilising fodder alive. uk is still an old class culture that now administers power from the inaccessible corridors of the city, with a gentlemens' club marginalising mindset that trickles down faster than their much exulted loose change. it has exploited all and sunder for years, centuries. in the past it sent young blokes to their deaths... now it kills off generations financially (and still exports war). the few who have done well will seek to discredit those who have not - no doubt here also. look at the fundamentals of uk economy and you see a city based, scam laden, gin and port spin society, hell bent on escaping its class and wealth confining reality. obsessed by money. it has lost much of its cultural identity, faith and family values. the fundamentals of social well being. life is about sharing certainly. but you do not need that much to be able to look after family. the housing market is still down... the banks are brimming with cash... property is now about to be sold as a safe investment. the whole thing will start all over again. because they control you the lambs who live for the good life... even though you probably already have it. now they need to entice a new era of mugs to fund their next bubble. it generally takes time and dedication to get somewhere stable and satisfying. you do live in govt housing! by the time you pay a mortgage the house has cost you 3 times its value! a one bed flat in s london is still worth 120k... 20 years ago it was worth 70k... duh do the maths. ketkonen it's just a game bud. the shedding game. they have to print money - that is the only way capitalism works. http://www.youtube.com/watch?v=q8bk mncjuh0&feature=related ketkonen it's just a game bud. the shedding game. they have to print money - that is the only way capitalism works. http://www.youtube.com/watch?v=q8bk mncjuh0&feature=related http://www.youtube.com/watch?v=q8bk mncjuh0&feature=related

F...in hell ........ I'll have some of what youre smoking please!!