AboutDennis Herman Expertise I can answer questions on Real Estate such as question on writing an Offer to Purchase. What can go wrong after an offer is written? What is Buyer Agency and what will it do for me? What is a foreclosure? What is the difference between a foreclosure, a bank owned property and a short sale? What is the best way to locate a property? What steps can be taken to avoid foreclosure? How do Real Estate Agents get paid? How can I quickly build equity in a home? How do I view homes? What types of homes will have the best prices? How do I choose an agent? What types of financing are available?
Experience Residential and commercial real estate. New home purchases. Buyer Agency. First time home buyers. Foreclosures, bank owned properties, estate sales and short sales.
Organizations Greater Milwaukee Realtors Association
Wisconsin Realtors Association
National Association of Realtors
Publications http://activerain.com/bloghome
Education/Credentials State of Wisconsin Licensed Real Estate Sales Agent
Accredited Buyer Agency Training
Relocation Training
Certified Senior Citizen Representative
Wisconsin Real Estate Continuing Education
Question If there is a lien on the house we are renting can it be forclosed if the old owner doesn't pay it? She signed the house over to her ex husband so her name isnt on the deed anymore.
Answer This would be a difficult question to answer without knowing all of the facts. The contracts for the loans would have to be reviewed long with other circumstances.
I am licensed to market Real Estate in Wisconsin. I am not an attorney but I will share what I know.
A lien is not a foreclosure. A lien means a party has certain rights to the property. This depends on local laws. If the property is sold, the liens would have to be paid so the seller can provide a clean title to the buyer.
I have heard talk about changing the law, that would allow renters to remain when a foreclosure takes place. I do not think anything has actually been changed. You may want to search the Internet or contact your local representative to find out.
