Success for Victimized Real Estate Investor

Case Study

A Philadelphia investor who tried to purchase an apartment building came close to losing a substantial investment when the seller tried to back out of the sale.

Our client came to us after investing thousands of dollars into the sale. The earnest money deposit for the property had already been deposited, and countless hours were spent on zoning professionals, surveyors, and comprehensive due diligence. When it came time to close the deal, the seller claimed there was a loophole to back out of the agreement of sale.

The seller engaged in a shady tactic of soliciting bids for higher offers after previously signing with our client. Naturally, the seller tried to use an alleged mistake in the agreement to cancel the first sale to increase their profit on a new sale. Since our client had not yet gone to closing, he was concerned that his rights to the property would be lost.

Our firm filed a lawsuit for specific performance action against the seller. Through this type of lawsuit, the seller could be forced to complete the deal outlined in the contract. We could prove that the actions of the seller were dishonest and against the good faith agreement made between the parties.

After moving quickly to advocate for our client in court, a judge issued an order compelling the sale of the investment property. Our client was able to recover his investment and take ownership of the apartment building. He could now use the capital from the sale as planned, and no longer had to worry about the potential loss.

If you or someone you know has a legal problem, call us a free case evaluation at (215) 918-4242.

Disclaimer: While we’re proud of our past victories, please note that past results are not indicative of future results and each case is unique.

Relief for Family Torn Apart Over Estate Property

Case Study

A family in dispute finally found relief after one heir fraudulently transferred a property deed into their own name.

Our client and her two siblings inherited their father’s estate when he passed away. As the estate administrator, our client was in charge of dividing up the assets, including her childhood home. The heirs discussed selling the property to an investor, since it needed substantial repair and could be a tedious and emotional process.

When it came time to identify the terms of the will, our client discovered that her brother swiftly retitled the property deed into his own name, without knowledge or consent of the other heirs. Because the home was in an up-and-coming neighborhood, he wanted to take care of renovations himself and sell the property for a much bigger profit after completing the rehab.

Our client was shocked to learn that the deed was secretly transferred. Her brother claimed that he had the right to the property regardless of the will, since he helped his father maintain the property for years before his death. After months of arguing and even involving other family members, he still refused to rightfully restore the deed in his father’s name.

At a time when she was still mourning the loss of her father, our client turned to our firm to help her settle the matter quickly and quietly. She wished to move on with her life and resolve the family dispute before it became any worse.

When our client’s brother secretly transferred the property deed without the consent of the other heirs, he risked becoming vulnerable to fraud charges. Our firm identified estate fraud and pursued litigation to restore the deed.

Estate disputes like these can add tension to an already difficult time. Our client was able to have closure and make the rightful decision for her childhood home after we fought for her in court.

If you or someone you know has a legal problem, call for a free case evaluation at (215) 918-4242.

Disclaimer: While we’re proud of our past victories, please note that past results are not indicative of future results and each case is unique.

Justice for Commercial Landlord Victimized by Tenant

Case Study

A local commercial property owner was forced to bring legal action against a tenant after months of missed payments and hostile phone calls. 

The terms of the commercial lease were clear, but the lawsuit became a complicated legal battle when the tenant filed a counterclaim against the landlord. The tenant’s counterclaim could have cost our client over $200,000, so she turned to our firm to regain control of her property. She was sure tenant’s claim was full of false statements and trusted us to take over her case.

After a detailed review of the lease and counterclaim, it was clear the tenant was attempting to blame his missed payments on our client. He said he planned to use the commercial space as a take-out restaurant but claimed he could not open for business due to alleged “defective utility lines”. But the property was in suitable condition when he took possession of the space and never told our client otherwise.

Through cross examination, our firm cast doubt on the tenant’s credibility and showed that the property condition was not the cause of his business troubles. The tenant admitted to a series of business setbacks which were the true cause of his failed business. Instead of approaching our client for a renegotiation of the lease, he fraudulently blamed our client in an attempt to recoup his lost business profits.

After the tenant damaged his credibility in open court, a judge denied his counterclaim. In addition, it was ordered that the storefront be restored to our client, and the tenant pay the back-owed rent as defined in the lease.

Our client was able to recover her property and lease to a new occupant. We helped negotiate her current lease, which is even more beneficial than the one she had entered into before.

If you or someone you know has a legal problem, call for a free case evaluation at (215) 918-4242.

Disclaimer: While we’re proud of our past victories, please note that past results are not indicative of future results and each case is unique.

Victory for a Seller Trapped by an Old Mortgage

Case Study

When our client sold his home in a fantastic real estate market, he intended to use the profit to fulfill his lifelong dream of traveling around the country. But his planning was cut short when he learned over $45,000 of his funds were being held hostage in escrow.

The mortgage for his property was paid off over a decade ago, but he quickly discovered that his satisfaction was never recorded. This resulted in a lien, or debt against his property that needed to be resolved. Our client could not receive his full profit from the sale of the house until the debt was handled.

When our client sold his home in a fantastic real estate market, he intended to use the profit to fulfill his lifelong dream of traveling around the country. But his planning was cut short when he learned over $45,000 of his funds were being held hostage in escrow.

The mortgage for his property was paid off over a decade ago, but he quickly discovered that his satisfaction was never recorded. This resulted in a lien, or debt against his property that needed to be resolved. Our client could not receive his full profit from the sale of the house until the debt was handled.

Since many years had passed, the original mortgage company was closed and defunct. Our client could not contact anyone to help resolve the issue. After struggling to find proof the mortgage lien was paid, he turned to us to get his funds released.

 

Our firm quickly obtained the entire history of his property, including every company and agency involved in his mortgage loans. We pursued litigation against the lienholder with a quiet title action. Through this type of lawsuit, we were able to establish our client as the only titleholder at the time of sale, quieting any challenges to his rightful ownership.

 

After fighting for the rights of our client in court, the judge issued an order to dissolve the mortgage lien. Our client successfully obtained the funds tied up in escrow and was able to keep pursuing his lifelong goal to travel, no longer worrying about his former home.

 

Phone (215) 918-4242

Email hello@daiellolaw.com

Disclaimer: While we’re proud of our past victories, please note that past results are not indicative of future results and each case is unique.

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