Residential Real Estate

Residential Real EstateWith over 30 years combined real estate experience, our attorney can help you with real estate transactions that include:

  • Residential sale or purchase
  • Business purchase, sale or lease
  • Farm purchase, sale or lease
  • Vacant land

Madison attorney Richard King has been serving Wisconsin clients in real estate transactions for many years. We encourage you to give our firm a call today to discuss your particular goals and challenges.

This article in the New York Times discusses the phenomenon of the website FSBOMadison.com and the fact that sellers are getting as good a price on their own as when they use realtors. By using FSBOMadison.com, many people do the heavy lifting of the sale of their house themselves. Also, many potential buyers find houses online in the privacy of their home.

What Role Should A Real Estate Agent Play?

Good real estate agents provide many services, like multiple listing service, arranging showings and open houses, good advice on curb appeal, strength in negotiating with builders and a wide network. In fact, the evidence shows that a house sells a bit quicker when it is listed with a real estate agent. But especially in Madison, it is a serious choice whether to use one or not.

Whether or not you have a real estate agent, it is a good idea to have an attorney review or draft all of your paperwork in this important area. For example, in a residential sale, there are:

  • Real estate agency and listing agreements
  • Standard form offers with many possible options
  • Standard and non-standard addenda to the offer
  • Real estate condition reports
  • Counteroffers and countertactics
  • Inspectors and inspection reports
  • Tests (radon, lead paint, asbestos)
  • Title insurance or an abstract of title
  • Loan documentation and mortgages
  • How to title real estate (as married couple, as tenants in common, in an LLC, etc.)
  • Closing statements
  • Tax consequences
  • Confusion and hustle of the closing

We can take the legal worry out of real estate transactions and guide you through with experience and confidence. If you are buying, selling, leasing or developing, please call us for a quote.

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King Law Offices, LLC
1667 Capital Avenue, Suite A
Madison, WI 53705

Phone: 608-620-7285
Fax: 608-233-9422
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