Real Estate Sale Agreements - Oshkosh Purchase Attorneys

Find the right Home Sale attorney in Oshkosh, WI

Home Sale Law in Wisconsin

If you are in the process of buying or selling a home, you're likely already aware of the many legal, financial, and other issues that can affect the process and outcome of such a transaction.

While there are no laws in Oshkosh, Wisconsin against persons buying or selling real estate on their own, this is rarely the ideal way to go, given the many legal issues surrounding the sale of property.

Many individuals, families, and small businesses rely on real estate brokers to find property for them. Real estate brokers are professionals who serve as middlemen or women between the buyers and sellers of real estate.

In Oshkosh, Wisconsin, most real estate brokers are paid a commission, represented by a part of the sale price of the home. Some might charge a flat fee, however.

Getting a Mortgage in Oshkosh, Wisconsin

If the buyer asks a direct question regarding the physical condition of the property, the seller must answer it truthfully. Misrepresenting a material fact in a real estate transaction is a very significant form of fraud, and could give rise to significant damages against the seller.

Furthermore, most defects should be disclosed even if the buyer doesn't directly ask about them. Generally, defects which must be disclosed are those which are known to the seller, and which the buyer cannot be expected to find through a regular inspection.

As a buyer, you should be aware that you have some commitments in this area, too. Buyers are expected to be diligent. Failure to do so might prevent the buyer from recovering in a lawsuit.

Generally, buyers have a duty to conduct a reasonable inspection of the property before buying it. Therefore, buyers usually can't recover for defects that could have been discovered via reasonable inspection, unless the seller actively conceals them.

Can a Oshkosh, Wisconsin Real Estate Attorney help?

Buying a house can be an exciting, but challenging, experience. Most home buyers want to focus on the positive aspects that come with home-ownership, and ignore the tedious paperwork and legal issues. A reputable Oshkosh, Wisconsin real estate attorney can enable this.

Talk to a Real Estate Law Attorney now!

Life in Oshkosh

Oshkosh, Wisconsin is a city in Winnebago County. According to a Census estimate from 2007, its population is approximately 64,000 people.

Oshkosh is named the Menominee Chief Oshkosh, whose name means "claw" in the Menominee language. He was one of the first Native Americans in the area to make contact with European settlers and fur traders in the 18th Century.

During the early 19th Century, the area gradually grew as a trading post for furs, meat, and other natural resources that were abundant in the frontier. By the mid-19th Century, the industrial revolution was underway, and Oshkosh, Wisconsin's economy boomed thanks to its abundant lumber, and the building boom brought on by industry. The presence of navigable waterways and, later, the arrival of a railroad made the area even more attractive for this industry.

Modernly, Oshkosh is a fairly quiet city, with a large number of residential neighborhoods. Its economy is faring relatively well, compared to other cities in the region, doing slightly better than the national average in several indicators, such as unemployment and the percentage of people below the poverty line.

If you live in Oshkosh, Wisconsin, and have a legal issue, it's likely that there's an attorney who can handle it, no matter how complicated or simple it is. Oshkosh, Wisconsin lawyers can handle just about any case you can throw at them.

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