Legal Question in Real Estate Law in Florida

real estate

i signed my deed over to a real estate company to help make makements. the house made double profit at selling but i came out with $500 is that right


Asked on 9/03/07, 10:41 am

2 Answers from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: real estate

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

With the minimal information that you provided, it is impossible to understand what you are explaining. It does sound however, that you were dealing with one of the mortgage foreclosure "savior" firms that are defrauding many people around the country. If so, you should consult an attorney to see if you have any legal rights which may be enforced.

Scott R. Jay, Esq.

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Answered on 9/11/07, 12:59 pm
Peter Gonzalez Sanchez-Medina, Gonzalez, Quesada, Lage, Crespo, Gomez & MachadoLLP

Re: real estate

It is impossible to answer your question given the very little incomplete information you have provided. Did you sign a written agreement with the real estate company? How do you define "double profit"? Did you have mortgage loan(s), unpaid real property taxes and other expenses paid at closing? How much equity did you have in the property --- what was the difference between the (1) mortgage loans, taxes, closing costs and (2) the purchase price the property sold for? Do you have a copy of the Settlement Statement signed by the buyer and seller at closing? You need to compile all documents relating to this matter and consult with an attorney in order to receive meaningful responses to your question(s). Good luck.

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Answered on 9/03/07, 10:46 pm


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