53406 : Real Estate Advice

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Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Credit score confusion! I recently requested my credit score on myfico.com (about a week ago) and found it was 507. I just requested my credit scores
Some debts are reported to one company, some to all 3, etc. and if you request a copy of your credit report from all 3 companies, you'll see who has what reported--thus, the differ ... more
0 votes Share Flag Sun Apr 29, 2012 Credit Score in Racine
Sarah, Other/Just Looking in Racine, WI
Sarah answered:
Is it a bad idea to purchase a home with a high intrest rate if the intention is to refinance in a year or two? I recently noticed a home for sale in
Oh, and a little more info on my situation...I filed a Chapter 7 bankruptcy and have never owned a home before. Another reason I want to buy now is to take advantage of the $8,000 tax c ... more
0 votes Share Flag Thu Jan 7, 2010 Financing in Racine
Terri Evans, Real Estate Pro in Winchester, VA
Terri Evans answered:
I have a poor credit score due to bankruptcy 18 months ago and now have 3 nearly maxed credit cards. I currently have enough cash to pay them off, so
My recommendation is to contact a local lender who can make some suggestions of how to improve your credit score. Most lenders will work with you in repairing your credit and will give ... more
0 votes Share Flag Sun Apr 29, 2012 Credit Score in Racine
Heather Jard…, Real Estate Pro in Madison, WI
Heather Jarden answered:
I was discharged from a bankruptcy 16 months ago and my credit score is currently 507. I would like to purchase a home and so I would like to get it
I would highly recommend contacting a credit councilor. The fee they charge is quite minimal in comparison to the things I have seen them accomplish. Since they work with people every d ... more
0 votes Share Flag Sun Apr 29, 2012 Credit Score in Racine
John Shellin…, Real Estate Pro in Pearland, TX
John Shellington answered:
I would like to buy a house, but I was discharged from a bankruptcy 16 months ago and my credit score is only 507. I also have a large amount of
Ideally for an FHA, the minimum credit score for most investors is now 620. This should be your minimum middle score. You might find that you won't get the best rate until you hit ... more
0 votes Share Flag Sat Oct 9, 2010 Financing in Racine
Kathleen Lor…, Real Estate Pro in Baxter, MN
Kathleen Lordbock answered:
what happens if there is no responce to an offer to purchase?
I can only hope that this was done through a REALTOR, had a time limit on the response and that you included earnest money as part of your sincerity in purchasing.
0 votes Share Flag Tue Oct 13, 2009 Home Buying in Racine
Thomas P. Le…,  in 53202
Thomas P. Leisle Jr. answered:
I'm currently a renter in Racine County and am now interested in buying the home. How can I find out what my landlord paid for it?
Dear Jennifer,

First, it doesn't matter. What does matter to you is what the house is worth on the market today and, more importantly, what it is worth to you (or more appropria ... more
0 votes Share Flag Thu Oct 8, 2009 Home Buying in Racine
Grace Morioka, Real Estate Pro in San Jose, CA
Grace Morioka answered:
will i qualify for an FHA loan?
Hello Dest:

The best way to determine what you'll need to qualify for a loan in the near future is to talk with a qualified mortgage broker or lender in your area. The broker o ... more
0 votes Share Flag Wed Sep 9, 2009 Financing in Racine
Bob Caron, Real Estate Pro in Swansea, MA
Bob Caron answered:
when a house is appraised, the realtor takes what precentage?
If your brother paid for an appraisal from a licensed appraiser, then he should have received a relatively accurate assessment of the anticipated value of your parents' home. Of course ... more
0 votes Share Flag Mon Aug 24, 2009 Home Selling in Racine
Vicky Chrisn…, Real Estate Pro in Purcellvile, VA
Vicky Chrisner answered:
I put in an offer on a reo from American Home Sales. They countered and I accepted their counteroffer. I
Not cool.

Is your contract fully ratified? If the contract is not fully ratified, then chances are they can do it, but your agent would have to put you in touch with an attorney to ... more
0 votes Share Flag Thu Jun 18, 2009 Home Buying in Racine
Harvey & Nan…,  in 53406
Harvey & Nancy Paepke answered:
Property value change for Racine 3/2008 compared to 3/2009?
Hi Richard, In reviewing the stats for zip code 53402, I found that in March of 2008, average sales price was $165k, and properties sold at an average of 96% of the asking price, in an ... more
0 votes Share Flag Wed Apr 1, 2009 Market Conditions in 53402
Karen Wenzel,…, Real Estate Pro in Brookfield, WI
Karen Wenzel, e-PRO answered:
Mount Pleasant WI
Unni,
I can't speak on the property values in Mount Pleasant, hopefully another agent from that area may be here on Trulia and can provide you with that information.

As far as Wauke ... more
0 votes Share Flag Sat Apr 26, 2008 Market Conditions in 53406
Duane Murphy, Real Estate Pro in Appleton, WI
Duane Murphy answered:
How much would 1.5 acres of vacant land on a golf course cost in wisconsin?
Lance-

The question first would be what golf course/area? Prices can vary quite drastically based upon what type of course you want to be on and if you are restricted by geographics. ... more
0 votes Share Flag Sun Apr 27, 2008 Home Buying in Racine, WI
Darren Kittl…,  in Madison, WI
Darren Kittleson answered:
I signed a contract with a real estate agent and he represents buyer and seller. The price he came in with is
Sissy-Based on what you're describing your agent is not following license law. 1. In order for the agent and/or broker to represent both buyer and seller in a transaction, both buyer ... more
0 votes Share Flag Sun Oct 19, 2008 Home Selling in Racine, WI
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