Posts by Christopher Combs
Will Seller Carryback Financing Be Jeopardized If Buyer Is A Drug Dealer?
Question: We are selling our Carefree home. A young man has made us an offer to purchase our Carefree home for $600,000. There will be a down payment of $250,000 cash, and financing by a $350,000 seller carryback loan from us. This $250,000 cash is apparently from the young man’s successful real estate investments, but…
Read MoreEasement Limited To Reasonable Use
Question: We own a large home adjacent to a county highway in Pinal County. Our neighbor owns a 5-acre lot which is “landlocked” except for an easement over our land to the county highway. Our neighbor has now purchased 20 acres of land adjacent to his 5-acre lot, and wants to build a 40-home subdivision…
Read MoreDivorce By Publication May Be Necessary for Title Insurance
Question: My three children and I have been living in an apartment in central Phoenix since my husband left us three years ago. My mother died last year and I recently received a cash inheritance of $225,000.00. I have now signed a $225,000 purchase contract for a Chandler home. The escrow company says that my…
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