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Author Archives: Benny Kass

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HELOC after foreclosure (access required)

I lost my home to foreclosure in August 2011. I had a second mortgage on the home that was secured by a deed of trust for $99,000. This was a home equity line of credit that I used to pay off a pool loan, used for home improvements and later tapped each month to make the mortgage payment.

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Limiting liability for rentals (access required)

DEAR BENNY: My wife and I are purchasing a two-bedroom condo. We are paying cash and intend to have her parents live there for a year, and then we will likely turn it into a rental. Our current single-family home ...

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Insurance won’t cover all damage (access required)

If damage to an individual unit is from a common-area element and was caused by negligence, and the condo documents as I understand them state that the damage to the unit involved is the responsibility of the condominium owners association, should that not then be covered by the master policy?

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Broker wants to postpone sale (access required)

DEAR BENNY: If I have a good cause to postpone a trustee sale date, can I — as the real estate broker involved — or the owner sue to stop the sale? I have one right now, for example, and may need an attorney's help.

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