When an individual or a couple is buying a home, the excitement of finding a property that “speaks to” someone on the lookout for a new place to live can sometimes lead buyers to rush through the process. One step that some may consider skipping to save time or money...
Real Estate Law
What is a mortgage verification?
A mortgage verification is a consequential process related to real estate transactions. It involves confirming the details of a borrower’s mortgage to better ensure that all information is accurate, up-to-date and reflective of the current financial obligations...
Legal and contractual mistakes to avoid when closing on a house
The final phase of the home-buying process is fraught with various complexities and pitfalls. If you are not careful, you could make blunders that could complicate the deal and cost you a lot. Navigating the closing process requires careful attention to detail and a...
Property disputes: The basics
A legal conflict related to real estate is commonly referred to as a property dispute. This type of dispute can involve any kind of property, such as a house, a plot of land, a small body of water or a building. In the United States, property conflicts are relatively...
How a home inspector could help you
While it’s a dream for some people to buy a home and renovate it to their ideal image, it’s not the dream for everyone. Many people want a home that’s readily available for them to move into without any difficulties. However, rushing into a home purchase without...
When can you back out of a real estate purchase?
Buying a home is the fulfillment of a dream for many. However, the milestone is also fraught with concerns. You are, after all, making what may be the biggest financial transaction of your life. So what happens if you get “cold feet” and you want to back out? It may...
How many houses can a developer put on unimproved land?
There is plenty of beautiful real property in the greater Elkhorn, Wisconsin area. Much of that land could represent an opportunity for wealth generation as a result of development. One of the many ways that those interested in construction or real estate development...
3 questions a property title search should answer
You’ve worked hard your entire life to realize your home ownership dream. And you have found the perfect home in an ideal neighborhood. You are understandably excited. Before signing that sale agreement, however, you want to be sure that you’re getting everything...
Minimizing your risks if you buy a home “as-is”
While many people in the market for a new home would never consider even looking at one that’s for sale “as-is.” (There are fewer of these on the market than in the past because home-buying or house-flipping businesses are willing to buy them.) Some sellers, however,...
A quiet title action can help to clear up issues
A title is an integral part of any real estate transaction. It serves to verify the legal owner of a property and gives them the right to do as they please with it. Therefore, any unresolved issues surrounding a property's title can cast doubt about who legally owns...