Dear Clients and Friends, Our new tax law doubles the standard deduction to $12,000 for an individual filer and to $24,000 for a married couple. (The IRS standard deduction is the portion of income that is not subject to tax, thereby lowering your overall tax burden. Taxpayers … [Read more...] about Buy or rent and our new Standard Deduction tax law
Real Estate Law
Wife doesn’t refinance home; husband forces her to sell
Dear Clients and Friends, It’s common for one spouse in a divorce to keep the couple’s home and assume the mortgage. Typically, the spouse keeping the home will refinance the mortgage in order to remove the other spouse’s name, so the other spouse isn’t jointly responsible … [Read more...] about Wife doesn’t refinance home; husband forces her to sell
Easements
Dear Clients and Friends, An “easement” is a legal right of someone who doesn’t own a piece of property to use the property for a particular reason. Many properties have easements on them, so it’s important to know about them if you’re considering buying real estate. An … [Read more...] about Easements
Easements
Dear Clients and Friends, An “easement” is a legal right of someone who doesn’t own a piece of property to use the property for a particular reason. Many properties have easements on them, so it’s important to know about them if you’re considering buying real estate. An … [Read more...] about Easements
Contingencies in Real Estate Purchase contracts
HAPPY HOLIDAYS MY FRIENDS AND TO A HAPPY-HEALTHY-WEALTHY 2018 AND MORE. Dear Clients and Friends, Once you have signed a Real Estate Purchase contract and transferred earnest money to your new escrow, it is best that you know how binding that contract is - there … [Read more...] about Contingencies in Real Estate Purchase contracts
Selling a property “as is” still requires an honest seller
Dear Clients and Friends, A buyer who discovered that her new house was contaminated with mold can sue the seller, even though the house was purchased “as is” and the seller specifically said there might be mold in it, according to the Wisconsin Court of Appeals. Catherine … [Read more...] about Selling a property “as is” still requires an honest seller
