Tag Archives: Real Estate

July Home Sales Up 1% as Prices Reach Unprecedented Levels

New homes sales rose a mere 1% in July after a string of declines. New home prices are soaring to record levels. Sales fell April, May, and June as builders faced surging lumber prices and a shortage of workers. The … Continue reading

Posted in General | Tagged , | Leave a comment

Reckless Disclosure Statement Yields Punitive Damages and Attorney Fees

The Missouri Merchandising Practices Act (MMPA) serves to protect consumers, and it prohibits “false, fraudulent or deceptive merchandising practices.” Plaintiff Tiffanie Soetaert sued Platinum Realty of Missouri alleging that the company violated this act. Soetaert purchased a home that she … Continue reading

Posted in General | Tagged , , , , , , , | Leave a comment

No Right to Visibility in Real Estate

A Missouri court has ruled that a real estate owner does not have the right to have their building visible.  In the case before the court, a landowner objected to a sound barrier wall being built along a highway because … Continue reading

Posted in General | Tagged , , , , , , , | Leave a comment

Title Insurance Claims

If you purchased title insurance on a piece of real estate and you discover a title defect in your real estate, you may be able to sue your title insurance company and assert a title insurance claim.  When determining damages … Continue reading

Posted in General | Tagged , , , , , , , , | Leave a comment

Missouri Tax Sales

The Missouri Supreme Court has recently stated that anyone with a mechanic’s lien on real estate that is sold by a county at a tax sale is entitled to notice of the sale before the sale occurs.  Notice must usually … Continue reading

Posted in General | Tagged , , , , , , , , | Leave a comment

Vacation Property

When you have real estate that generates rental income for you, you must report your rental income and rental expenses on Schedule F of your personal tax return. However, there are certain limitations that can apply if you use the … Continue reading

Posted in General | Tagged , , , , , , , , | Leave a comment

Title Issues with Tax Sale Properties

If you or someone you know has bought real estate at a county tax sale and is having trouble selling the property because of title defects, there may be a resolution for you.  Actions to quiet title can be used … Continue reading

Posted in General | Tagged , , , , , , | Leave a comment

Selling Real Estate

An Oklahoma court has stated that if a seller knows of something wrong with the property, but does not disclose the defect, then the seller could have to pay the buyer to fix the problem.  The key element in suing … Continue reading

Posted in General | Tagged , , , , , | Leave a comment

Real Estate Trickery

When dealing with professionals in real estate, including construction or improvement workers, a person may be able to sue for fraudulent misrepresentation if all of the requirements are met. The basics of fraudulent misrepresentation are that a person makes an … Continue reading

Posted in General | Tagged , , , , , | Leave a comment