Wisconsin Foreclosure Law Overview

Many people are checking out foreclosed properties when it investing. Generally speaking this can be advantageous if you looking for a deal and have patience and time to deal with the process.  However the foreclosed property market is not for everyone.

This article by RealEstateInvesting.com has a great outline of Wisconsin's Foreclosure Law.  Please note this is just a summary of the law, and you should consult a Lawyer if you have any legal questions.

Wisconsin Foreclosure Law - Quick Facts

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Keeping the Family Cabin

If you have a property you'd like to keep in your family, you'll need to plan ahead to make sure ownership is transferred correctly.

You can find information on transfering a property in this article Keeping the Cabin in the Family: A Guide to Joint Ownership and Use by Wendy S. Goffe found on the State Bar of Wisconsin website. WARNING: Ms Goffe is a lawyer, so the article is very technical and detail oriented.  And remember, for all legal advice regarding Real Estate transactions, you should always consult a lawyer.

If you're still looking for that great property where you can build a family cabin, check out all the fantastic listings in over 45 Counties on BuyWisconsinLand.com

Answers to Legal Questions

A Real Estate Agent is a great resource to answer your real estate questions such as: what properties are for sale? How is this property zoned and what are the taxes? Can I build on this land? What are average prices of land in this area?

But legal questions about property and purchasing land cannot be answered by a Realtor®. For that you need a lawyer.

This page from the State Bar of Wisconsin has some general questions with information that you should know whether you are buying or selling a property. Remember, for legal questions concering a specific property or purchase, you need to consult your own attorney. Buying/Selling Residential Real Estate: Answering Your Legal Questions

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