On behalf of Lang Law Office posted in Real Estate Transactions on Thursday, August 24, 2017.

If you’re facing foreclosure, then you may find it refreshing to know that bankruptcy is not the only option to pursue to save your home. Instead, there are a variety of alternatives that may be available to you to help bring your mortgage payments current or stay in your home. Reinstatement is a process by… Read more »

On behalf of Lang Law Office posted in Real Estate Transactions on Friday, August 11, 2017.

Not all contracts have a “cooling-off” period that allows consumers to cancel the contract within a few days after they sign it. However, Minnesota does have a Three-Day Cooling-Off Law (more formally known as the Home Solicitation Sales Act) for home solicitation sales. The law applies to the rental, lease or sale of goods or services… Read more »

On behalf of Lang Law Office posted in Real Estate Transactions on Thursday, June 15, 2017.

A real estate easement is the right of another party to trespass on — or even use — a piece of land that someone else owns. Often, easements are owned by utility companies or municipalities so that they can build a road, lay pipe or bury electrical cables on a homeowner’s property. It’s important to… Read more »

On behalf of Lang Law Office posted in Real Estate Transactions on Friday, May 05, 2017.

Real estate covenants do not apply to all property, but if one applies to your property, then you will be restricted regarding the way you alter or build your property. Two of the most important pieces of legal terminology in the realm of covenants are burdened land and benefited land. Burdened land refers to the… Read more »

On behalf of Lang Law Office posted in Real Estate Transactions on Friday, April 07, 2017.

The last thing you want to do as a homebuyer is purchase a residence that has a severe unidentified problem. Not recognizing a serious problem could cause you a lot of money and stress later on down the road. This article will describe a 10-point checklist that you can use to ensure that you’ve covered… Read more »

On behalf of Lang Law Office posted in Real Estate Transactions on Friday, February 24, 2017.

Most people need to sell their current home before they buy their new one. However, if you sell your home before buying the next one, you’ll be crunched for time, and you might not select the new home that’s perfect for you. Conversely, if you wait and buy the new home before you sell, then… Read more »

On behalf of Lang Law Office posted in Real Estate Transactions on Friday, January 27, 2017.

Purchasing a home on short sale happens when a buyer purchases a home for less than the amount the owner owes on the mortgage. These are usually homes that are facing, or about to face the threat of foreclosure proceedings. In these situations, the lending organization must first give permission for the short sale. The… Read more »

On behalf of Lang Law Office posted in Real Estate Transactions on Wednesday, November 30, 2016.

Four Minnesota real estate properties that Prince owned were put up for sale in mid-November, with two more expected to be put on the market soon. All four of the properties are situated in Chanhassen. One of them, where the deceased musician lived at one time, is a 5,654 square-foot property situated on a 1.5-acre… Read more »