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Resources

What is Escrow and How Does it Work?

September 24, 2021

Real estate transactions can be complicated. Both the seller and the buyer often have issues with the sale. Escrow is an account that holds funds back until the terms of the contract are fulfilled. Escrow is helpful because it protects both the buyer and seller and allows the sale to go through rather than waiting for the issues to get resolved first. Money or assets placed in escrow are held by a third party until the completion of the specific requirements. Escrow may be on behalf of the buyer or the seller.

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What are the Different Types of Property Deeds?

September 17, 2021

There are a variety of different types of property deeds, so it is helpful to understand their differences and uses.

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How Can We Resolve Boundary Line Disputes?

July 23, 2021

Disputes over boundary lines are most likely to occur when someone constructs a fence or other structure. You need to do everything you can to protect your property and maintain your investment. A dispute can make life miserable and it can impact your acreage. When you have a boundary line dispute, it is often a good idea to seek guidance from an experienced attorney.

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Who is Responsible for Making Repairs to a Home for Sale?

July 9, 2021

When you buy a home, you expect that if there are any problems or damages you will know about them and can put a plan in place to fix them.

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Tips for Buying a House in a Seller’s Market

May 28, 2021

The housing market is hot and that means that it can become more challenging to find and purchase your dream home. Fewer homes have been for sale, and when they go on the market, they get snapped up quickly. People are paying top dollar for homes right now, if they can get in on a deal at all. Here are some tips to help you buy a home.

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What Can I Do if Someone Breaches a Real Estate Contract?

February 26, 2021

Unfortunately, sometimes a buyer backs out of a contract. When that happens, it is important to know your legal options and what you should do to resolve the situation. At Moen Sheehan Meyer, Ltd, we provide a wide range of services including real estate contract litigation.

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Leasing Farmland in Minnesota

July 28, 2020

Agriculture is a leading contributor to the economy in Minnesota. According to the State of Minnesota Department of Labor and Industry, the agricultural industry provides more than 147,000 jobs and more than $57 billion in revenue. Minnesota is one of the top five states in the country for agricultural production and ranks eighth for livestock […]

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What Can I do if a Buyer Defaults on a Real Estate Contract?

February 29, 2020

Selling your home is often a lengthy and difficult process. Once you find a buyer and sign the contract, you are happy to move forward with your plans. Unfortunately, it can be a big disappointment and a financial blow when a buyer defaults on a contract. As a seller, you do have some options for […]

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Contingencies to be Included in a Real Estate Contract

November 25, 2018

Real estate contracts are some of the most important documents you will sign, no matter whether you are a buyer or seller. These contracts explain the terms of the deal, the sale or purchase price, the length of time the two parties have to settle the deal, and much more. Almost every real estate contract […]

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Canceling a Real Estate Contract

November 15, 2018

Entering into a real estate contract can be stressful and exciting all at the same time. Why? These contracts might signal the purchase of your first home. They might also signal the sale of your family business. Either way, both parties might want to back out of the real estate contract they sign with the […]

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