If you have a need for help with a real estate matter, please give our Wisconsin real estate lawyer a call.

The purchase or sale of a home is one of the most complicated transactions most people make in life. You need a lawyer at your side when making such complicated and permanent decisions. When you hire Krause Law Offices LLC, you will have an experienced real estate attorney to stand with you throughout the negotiations and at the closing to ensure you get the best representation possible.

ISSUES INVOLVED IN RESIDENTIAL SALE/PURCHASE

• Real Estate Listing Agreements
• Offers including contingencies and addenda
• Counter-offers
• Tactics in making offers and counter-offers
• Real Estate Condition Reports
• Inspection reports
• Radon, lead paint, asbestos and other tests
• Title insurance and abstracts of title
• Mortgages and loan paperwork
• Deeds, including question of how to hold title (in common, joint property, in LLC, trust, etc.)
• Closing statements
• Tax questions
• Closing day hustle

Our real estate attorney at Krause Law Offices LLC makes sure his clients are well informed and ready for their purchase or sale.

A FEW WORDS REGARDING REAL ESTATE AGENTS
Good real estate agents provide a great service, and know the market and methods to sell a house. However, keep in mind, especially if you are a purchaser, that a real estate agent only gets paid if the sale goes through, and the higher the sale price, the more they get paid. This can create a bit of a conflict of interests.

Real estate agents are also prohibited by law from giving legal advice. Lawyers, on the other hand, are the best source for legal advice. Buyers and Sellers should have the best legal advice they can get in this area where the law is so important.

Our real estate attorney looks out for clients in these situations and gives them the straight story about possible hazards or contingencies they should consider. We do not depend on closing the sale before getting paid, so our only concern is that our clients get a fair shake.

FOR SALE BY OWNER
The Madison area is a center of For Sale By Owner (FSBO) real estate. Click here to read the New York Times article about the Madison FSBO phenomenon. Our real estate lawyer helps the intrepid FSBO client prepare all of the paperwork, make sure they have all of their responsibilities covered and stands with them all the way to the closing. Whether it is reviewing loan paperwork, drafting a counteroffer or engaging in price negotiations, we have the experience to guide our clients on the safe path. For our clients who choose to go FSBO we make sure the transaction is done correctly.

LIMITED LIABILITY
We set up Limited Liability Companies (LLCs) and corporations for our clients with business or rental property. There are many good reasons to hold property in an LLC or a corporation.

By holding rental property in an LLC or a corporation, the client’s personal home and other property is shielded from a lawsuit by a renter or pedestrian. By holding business property in a separate corporation or LLC, there can be tax savings by having the business pay rent to the corporation or LLC.

TRANSFER TO NEXT GENERATION
Many clients want to transfer property to their heirs as part of an Estate Plan. This can be done in many different ways depending on the needs of the client. We are careful of tax and gift consequences. Our real estate attorney uses trusts, Family Limited LLCs, life estate deeds and other means to accomplish these important transfers while avoiding estate taxes and gift taxes.

GIVE US A CALL
If you have a need for help with a real estate matter, please give our Wisconsin real estate lawyer a call at (608) 268-5751 or contact us online.