Comments on: Lender Clears Out Possessions Of Home Not In Foreclosure http://housingdoom.com/2008/07/01/lender-clears-out-possessions-of-home-not-in-foreclosure/ "He who defends everything defends nothing." - Frederick the Great Tue, 16 Mar 2010 06:49:13 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: toysarefun http://housingdoom.com/2008/07/01/lender-clears-out-possessions-of-home-not-in-foreclosure/comment-page-1/#comment-15995 toysarefun Tue, 01 Jul 2008 20:47:08 +0000 http://housingdoom.com/?p=1458#comment-15995 Aw heck, here is a bit more news from Wisconsin. MADISON, Wis. -- A divided Wisconsin Supreme Court said that home buyers who feel they have been victims of fraud by the seller cannot bring civil lawsuits to recover damages. Dissenting Justice Ann Walsh Bradley said the decision released Tuesday means a person selling a home can look a buyer in the eye and lie about the home's condition and escape legal consequences in civil court. She accused the four justices in the majority of legislating from the bench. The majority determined that the economic loss doctrine applies to home sales. That doctrine is designed to bar civil claims for economic losses in cases involving a contract for a product. Bradley said expanding that to home sales is bad for Wisconsin's real estate market and consumers. http://www.channel3000.com/money/16759515/detail.html Aw heck, here is a bit more news from Wisconsin.
MADISON, Wis. — A divided Wisconsin Supreme Court said that home buyers who feel they have been victims of fraud by the seller cannot bring civil lawsuits to recover damages.

Dissenting Justice Ann Walsh Bradley said the decision released Tuesday means a person selling a home can look a buyer in the eye and lie about the home’s condition and escape legal consequences in civil court.

She accused the four justices in the majority of legislating from the bench.

The majority determined that the economic loss doctrine applies to home sales. That doctrine is designed to bar civil claims for economic losses in cases involving a contract for a product.

Bradley said expanding that to home sales is bad for Wisconsin’s real estate market and consumers. http://www.channel3000.com/money/16759515/detail.html

]]> By: toysarefun http://housingdoom.com/2008/07/01/lender-clears-out-possessions-of-home-not-in-foreclosure/comment-page-1/#comment-15993 toysarefun Tue, 01 Jul 2008 14:56:15 +0000 http://housingdoom.com/?p=1458#comment-15993 Not sure if this one is on the sidebar, related to the fraud story from yesterday though. http://uk.reuters.com/article/newsOne/idUKN2634924420080630 Not sure if this one is on the sidebar, related to the fraud story from yesterday though.

http://uk.reuters.com/article/newsOne/idUKN2634924420080630

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