Legal Question in Real Estate Law in Arizona
Gift Letter wasn't used
Partner & I purchased a home, it closed on 6/04 I wasn�t employed I contacted the mtg. broker in 11/03. I had the funds & excellent credit. My partner been employed w/ 8 delinquencies. The M/B left me off the loan, on 3/04 I deposited 20,000, began working, and I wrote a ck for 500. for earnest deposit. The broker asked about the funds, it was my inheritance, she said we needed to sign a gift letter & we both signed the letter for 8,000. The Mtg. co. did not verify the funds & the letter was never used. My partner never added my name to the title. Wasn�t it the broker�s fiduciary duty to include me when I began working? Before I became pro se my attorney contacted the broker & my attorney sent me an email. She said �the gift letter was required to show that my partner had sufficient funds for closing & down pmt.� & that �the two of you always referred it to as �our house�. �It was very obvious that you intended that the relationship was permanent & the only reason that you were not on the title was to facilitate the lending process & hoped that I would be able to get my money back�. The statements the mortgage broker said in the email were false. How do I use her in my civil case in a negative way or positive?
1 Answer from Attorneys
Re: Gift Letter wasn't used
Your question is way too complicated to be answered on Law Guru. You need to hire a lawyer.
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