Legal Question in Real Estate Law in Wisconsin

Many real estate sales these days are "as is," and foreclosure purchases from lenders are even more so, so nobody should attempt them without assistance from experienced civil litigation/real estate counsel. My guess is that the bank was very clear about that in your closing documents, so that you were in a "buyer beware" scenario and took the property exactly as it existed, warts and all, the discovery of this pre-existing damage is one of the hazards you face any time that you buy property covered by snow, or otherwise uninspectable. Buying real estate does not allow you to inherit property damage claims owned by the previous owner, but your attorney could always attempt to negotiate to purchase such a claim from the previous owner, if it is worth that much trouble and expense.

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