Experienced South Bend Indiana Real Estate Attorney Helps You Secure Your Investment
More than 100,000 call South Bend, Indiana home. This small city brings together some of the bustles of a city with an active nightlife while being small enough for people to escape. It is conveniently located within 250 miles of central metropolitan areas, make it an easy drive for a weekend getaway from Detroit, Chicago, Milwaukee, Indianapolis, and Columbus. These characteristics, along with the number and diversity of things to do and value made Hotwire rank South Bend as its #4 itty bitty city for a quick getaway.
These traits make South Bend one of the most desirable cities to live in Indiana. With high ranking schools, a modest median home price, and a steady increase in home values over time, many people may need the assistance of a South Bend Indiana real estate attorney who can guide them through the process of purchasing a home or business.
How to Buy Property in South Bend
Many people want to call South Bend home. The city recently had the nation’s highest appreciation rate at 26.8% causing homes to appreciate in one year over $17,695. Additionally, the newly redeveloped Ignition Park is attracting additional businesses and industries to the area. To protect your investment in South Bend real estate, it is important that you have the help of an experienced South Bend Indiana real estate attorney throughout the property buying process.
Bruce D. Huntington helps individuals and businesses with all aspects of the acquisition process, including conducting due diligence on properties that investors are interested in, investigating zoning issues, preparing purchase agreements, resolving real estate disputes, reviewing title documentation, and assisting you throughout the closing process. Bruce D. Huntington is also a commercial real estate appraiser and can provide a unique insight into the value of the property you are considering investing in.
Call us today to find out more about purchasing South Bend real estate and how we can help you.
About South Bend
South Bend is located in St. Joseph County and is near the St. Joseph River. It was initiallydevelopedin the 19th century by fur merchants and was incorporated as a city in 1865. During the most recent census, South Bend had a total of 101,168 residents. Health care, tourism, education, and small business are the most active industries in South Bend.
Bruce D. Huntington is located in the city of South Bend at 1003 N. Hickory Rd., conveniently located near Edison Park, Morris Park Country Club, and Bethel University.
The well-regarded Notre Dame University also calls South Bend home, which is the largest employer in the city with more than 6,000 employees. The university also provides access to viewing some of the most competitive collegiate sporting events and cultural vibrance in the area.
While the city enjoyed a steady population over the last 50 years, there has been recent growth in response to the development of Ignition Park, a technology center that has attracted a new industry and a younger generation of residents to the area.
Frequently Asked Questions
1. What is litigated property?
Litigated property is property that has been involved in legal matters, such as issues over ownership or encroachment. It is property that is under litigation. In some cases, this property’s value will be significantly lower than its ready reckoner value. Litigated property can also be treated differently regarding tax matters. An attorney can examine the options buyers and sellers have regarding litigated property, and can help with computing the capital gains on such properties.
2. What are common issues that arise in real estate litigation?
There are many reasons for real estate litigation, including:
- Breach of contract: If either party involved in a contract fails to perform according to its terms, the wronged party can recover compensation for damages.
- Failure to disclose a problem or defect: If a seller fails to disclose, it can result in real estate litigation.
- Breach of duty: Real estate agents must act in the best interests of their clients and if he or she does not do so, it can result in breach of duty litigation.
- Implied warranties: If either an express or an implied warranty is breached, it can result in a civil lawsuit.
3. How long will real estate litigation take?
The length of time it takes to resolve real estate litigation varies from case to case. It is common for a real estate lawsuit to take years to resolve, in part because of the discovery process and the motions that are filed before the case officially goes to trial. Many real estate lawsuits are settled before reaching trial via mediation or other form of ADR, while others are simpler and move through the system within a few months.