Not every home purchaser provides earnest money. However, people use this “good faith” money to show their interest in a property if they need some time to secure a mortgage, do a title search or take other steps prior to a home purchase. Depending on the market, the...
Real Estate
What do property sellers need to disclose to buyers?
When purchasing real estate, sometimes you only find out about issues when it is too late. That is to say -- only after the sale has gone through. While contingency clauses allow you to back out of a purchase if you discover issues in the closing process, they will...
Are rising residential housing prices a benefit for you?
There have been some interesting trends in the housing market in recent months. With a volatile economy, political instability and an ongoing global pandemic, there is almost no way to predict what will happen in the upcoming months and years. In southeast Wisconsin,...
When does a landlord get to keep someone’s security deposit?
Everyone involved in renting real estate takes some amount of risk. Tenants have the risks that come from lack of stability, as their landlord could evict them or terminate the lease often with little notice. Landlords take risks because their tenants could become...
Residential real estate market picking up with new sales
Despite many areas of the economy seeing a downturn, the Milwaukee area real estate market for home buyers is picking up. Despite overall sales being down a bit from the same time last year, according to the Greater Milwaukee Realtors Association, the performance was...
Tips to saving money on closing costs
When buying a home there are many costs that need to be calculated into your budget. One of those costs is a closing cost. Closing costs include things such as, the appraisal, home inspection, title insurance, loan origination, and so on. All of these costs need to be...
5 tips for landlords in Wauwatosa, WI
It’s probably taken you some time to purchase your first rental property; you’ve probably put in a lot of work and now you’re finally ready to make some money. If you’re first starting out, it can be overwhelming trying to set everything up, especially the legal...
5 things to keep in mind when purchasing homeowners insurance
Owning a home is an important investment, but purchasing homeowners insurance can be confusing, and purchasing the right homeowners insurance can be even more confusing. However, there are some basic items that you should take into consideration. We’re going to...
What to do when you’re hurt on the job
The last thing anyone expects is to get hurt at work. But it does happen, and the company you work for probably has certain procedures in place for such events. The first thing you should always do is tell your supervisor that you got hurt and immediately go see your...
Legal issues when buying a home
Buying a home is very big step for many people. It can sometimes be overwhelming, but it is important to protect yourself and take your time. We’d advise working with a professional real estate agent to help you navigate the house buying process. Before you set out to...