Data published by the Community Associations Institute in 2017 showed that nearly 70 million Americans lived within a community governed by cooperative, condo or homeowners associations. Another study published in 2015 by the Coalition for Community Housing Policy in...
Real Estate Law
What is the purpose of a title search when buying a home?
Some parts of buying a house make more sense than others. Looking at the property and then having someone else inspect and appraise it helps ensure that you pay a reasonable price and know the condition of the property you intend to purchase. A title search, on the...
Contingency clauses protect you during the real estate closing process
Are you considering buying property? Sometimes, last-minute hitches can occur, which prevent you from buying a property. Or you discover something that means you no longer want to buy it. Creating adequate contingency clauses protects you from being tied into a...
What are your rights as someone with Wisconsin waterfront property?
Wisconsin has some incredible lakefront properties. From open lots with a sunrise view of Lake Michigan to properties on the various lakes, rivers and streams throughout the state, there are many ways for you to enjoy the waterfront lifestyle as a Wisconsin resident...
Do you need a quiet title action?
If you are buying a piece of real estate, it is vital to be clear about the property's ownership. Yet there are cases where things are unclear. A quiet title action is a means of clearing up any uncertainty with a minimum of fuss. Here are some reasons that there may...
Do you need an attorney to help with your real estate purchase?
You’ve decided to buy your dream house. There’s one slight snag: it’s for sale by owner, and you have no idea how that works. No rule says you must buy or sell your house through a licensed real estate agent. However, many factors make “removing the middleman” a...
Madison development project proceeding through approval process
A developer is seeking approval in Madison, Wisconsin, to tear down nine vintage homes and replace them with a six-story, mixed-use project. The site of the proposed development is six blocks from Capitol Square and falls under the provisions of the Mifflandia...
What types of real estate encumbrances may you find when buying a house?
Buying a house is exciting – but that excitement can turn to dismay really quickly when you find out that the property has some type of encumbrance on it that could either derail the transaction or interfere with your plans. An encumbrance on a piece of property means...
Taking action as an HOA against a noncompliant homeowner
One of the primary purposes for the creation of a homeowners’ association (HOA) is to guide the development and expansion of a local community. HOAs help preserve property values and create a standard community aesthetic. As a member of an HOA with a role on the board...
National foreclosure rates fall, but Wisconsin’s rises
Mortgage delinquency is one indicator of economic and development trends. Between August of 2018 and August of 2019, there was a 0.2% drop in overall delinquency rates of all US mortgages, which includes those at least 30 days past due or in foreclosure. But,...