Legal Question in Real Estate Law in Wisconsin

Talk to your lawyer or get one if you don't have one, since the real estate seller, with whom you must have a purchase agreement, will have many rights against you in court, or the right to keep your earnest money if you fail to close. An experienced real estate lawyer might be able to negotiate a different arrangement, however, The seller's damages in any suit against might also be less if you deal with the issue promptly, since he will be able to attempt to sell to someone else sooner, before the real estate sales season ends.

Do not assume that I am your attorney because of my response here, since I would not normally be taking any further action on your case. You can request further clarifications on AVVO or see my past answers here which might help you at http://www.avvo.com/attorneys/53401-wi-jay-nixon-1529181/answers.html?sort=recency , or at http://www.lawguru.com/answers/search/attorney/jknixon..