In Wisconsin, consumers and estate owners require assistance when it comes to real properties. They need asset protection in some cases and guidance in others. These individuals may require legal aid in preventing major issues that could generate a major financial loss. The following are details about what services are available through a Real Estate Attorney in De Pere WI.
Transferring Properties to a New Owner
During the estate planning process, these owners have the right to transfer ownership to a family member. Once these transfers are completed, they are no longer a part of the estate. This assignment prevents creditors from seizing the property during the probate process. The real estate attorney manages this process for the estate owner to ensure that the title is transferred according to state laws.
Managing a Real Estate Sale
An attorney helps the buyer during a real estate transaction. The attorney begins the process by assessing the sales contract. They review the contract and ensure that the buyer understands what each term and clause implies. The attorney also reviews the mortgage loan contract. The purpose these assessment is to determine if the lender is providing a loan that the buyer can afford and won’t face foreclosure. If any predatory lending practices are discovered, the attorney can request a loan modification to protect the buyer’s interests.
Next, the attorney conducts a title search and provides the buyer with title insurance. The title search determines if the seller is the rightful owner and has the right to sell the property. The title insurance offers a refund to the buyer if the seller cannot sell the property due to title related issues.
Modifying a Deed to Add a Spouse
The attorney can also create a new deed for a real property. The most common reason for a modification of a deed is to add or remove a spouse.
In Wisconsin, consumers and estate owners will require the services of a real estate lawyer. These lawyers provide them with opportunities to protect their assets and interests. Consumers or owners who need to hire a Real Estate Attorney in De Pere WI can Click Here for more information now.
