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Donna Hermsen…, Real Estate Pro in Madison, WI
Donna Hermsen & Dan O'Brien answered:
Is it common to hire a buyer's agent for building a new house?
Hello Kts,

YES! Building is much more involved than purchasing an existing home so I believe it is even more important to have a Buyer Agent. The builder (or his agent) are repres ... more
0 votes Share Flag Tue Aug 11, 2009 Home Buying in Madison
Valerie Wers…, Real Estate Pro in Madison, WI
Valerie Wersland answered:
Where do I start with a cash offer on a $400K home?
Hi,

The first place you should start with any purchase is finding a buyers agent. A good buyer's agent will be able to assess the home in comparison to recently sold similar propert ... more
0 votes Share Flag Mon May 18, 2009 Home Buying in Madison
Matthew A. B…, Real Estate Pro in Glendora, CA
Matthew A. Bartlett answered:
My mortgage lender wants a letter of explanation for inquiries on my credit report
Hi Tbomb4000,

This is not unusual for a lender to scrutinize your credit report. I would be honest with them in regards to the credit card inquiries and what your thinking was behind ... more
0 votes Share Flag Sun Jun 21, 2009 Home Buying in 53703
Michael Rayno, Real Estate Pro in 08226
Michael Rayno answered:
Is it possible to get a loan with these numbers or should I wait to improve them more.?
You should go to a bank and ask to talk to someone in the mortgage department. Tell them you would like to get preapproved for a mortgage,it does not cost anything, they will be able to ... more
0 votes Share Flag Thu Aug 27, 2009 Home Buying in Madison
Jacqueline H…, Real Estate Pro in Mendham, NJ
Jacqueline Haynes answered:
Made an offer on a house, listing agent not returning calls. Agent that showed me the house not returning call
Why did you bypass the agent to put in your offer? Don't expect to hear anything quickly from the bank - they are generally taking 30 - 60 days to even acknowledge an offer. As you di ... more
0 votes Share Flag Wed Feb 25, 2009 Home Buying in Madison
Mark Gladue, Real Estate Pro in Madison, WI
Mark Gladue answered:
With so many condos for sale around the capital, do the sellers ever consider renting them out?
Tom,

Capitol West is actually renting out quite a few condos at 309 W Washington. Also, if you contact brokers who have condos listed in the downtown area, many sellers are consider ... more
0 votes Share Flag Sat Feb 21, 2009 For rent in 53703
Mike Adler, Real Estate Pro in Middleton, WI
Mike Adler answered:
When renting secure, climate controlled racked warehousing, what is the average square footcost.?
Call Hide A Way Storage in Middleton for pricing. Use this company before. Phone number is 833-5086
0 votes Share Flag Fri Feb 20, 2009 For rent in 53718
Seth Peterson, Real Estate Pro in Madison, WI
Seth Peterson answered:
I am looking to rent an unfurnished home in madison wi for a family on the west side - not a campus home.
The main thing you should do is check the Craigslist listings. There are a number of people who advertise their homes for rent on Craigslist. But it's also not a bad idea to search ho ... more
0 votes Share Flag Sat Apr 30, 2011 Rental Basics in Madison
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
QUICK ADVICE PLEASE. In negotiations.....
GREAT QUESTION:

SUGGESTIONS:
1) Have your listing agent contact their buyers agent determine if they can get a feel of buyer going up
2) Can you both split $10K - buyer goes up ... more
0 votes Share Flag Thu Apr 16, 2009 Home Selling in Madison
Mark Gladue, Real Estate Pro in Madison, WI
Mark Gladue answered:
Is the home sale contingency common in Madison, WI?
Amb,

To answer your question we closed on 40 transactions in 2008 and only 2 had a home sale contingency. If the home in question has been marketed and is aggressively priced there ... more
0 votes Share Flag Tue Feb 3, 2009 Home Buying in Madison
Voices Member,  in
Voices Member answered:
How can I find out the "list to sell" ratio for home prices in an area?
Rocky,
Just ask a Realtor. It looks like you are from Middleton. The list to sale ratio for homes in Middleton this past year was 96.5% and condos were 97.5% list to sale ratio. If ... more
0 votes Share Flag Tue Apr 14, 2009 Market Conditions in Madison
Joe Barbera, Real Estate Pro in 02874
Joe Barbera answered:
My realtor isn't working in my best interest. How do I teminate the "exclusive agency agreement.buyer agency"
First of all, refusing to put your offer in is illegal! Once an offer is submitted, your realtor can not take your offer off the table. Your best approach would be to put you disapp ... more
0 votes Share Flag Tue Apr 21, 2009 Home Buying in Madison
Sue Larson S…, Real Estate Pro in 53719
Sue Larson Stark answered:
Suburbs: Hardwood Floors or Carpeting in the Bedrooms?
My preference is refinish the floors and add a nice area rug. I have not yet had a buyer that passed up hardwoods for carpeting.
0 votes Share Flag Sun Jan 18, 2009 Home Selling in Madison
Debby Thomps…, Real Estate Pro in 53226
Debby Thompson answered:
Cont...of the right asking price?
I would ask the agents that you interviewed how many homes have sold over 300,000 in the past 3 months. How many homes are listed in your area over 300,000? This should give you an idea ... more
0 votes Share Flag Wed Jan 14, 2009 Home Selling in Madison
Sue Larson S…, Real Estate Pro in 53719
Sue Larson Stark answered:
Pricing your home correctly for sale?
Buyers determine the value of a property not the city's fair market value. Have you had an appraisal done recently to determine if the fair market value is correct? I would recommend ... more
0 votes Share Flag Fri Jan 16, 2009 Home Selling in Madison
Gail Rutkows…, Real Estate Pro in Madison, WI
Gail Rutkowski answered:
Question regarding Madison, WI area
Madison Magazine did a review of the schools and neighborhoods and suburbs a few years ago. Check out the link below speaking to the issue you are asking about.

I would also advi ... more
0 votes Share Flag Tue Feb 12, 2013 General Area in Madison
Luke Allison, Real Estate Pro in Asheville, NC
Luke Allison answered:
FHA Loan Rates
Well, I can actually tell you that rates are currently closer to 5.25 and 5.5 than they are 5.8 - depending on your credit score. Your broker might have their hands tied because whatev ... more
0 votes Share Flag Wed May 27, 2009 Financing in 53719
Kristi Ross, Real Estate Pro in Waunakee, WI
Kristi Ross answered:
hi, what i am looking for is a manufactured/prefab home, with 3 bdrms, at least 2 baths, 1500 sg. ft. in or
Robin,

You can view the link below to see a few in the area that are listed with a criteria match of manufactured home in Dane County.

If you have trouble viewing the list, let me ... more
0 votes Share Flag Mon Oct 12, 2009 Home Buying in Madison
Darren Kittl…, Real Estate Pro in Madison, WI
Darren Kittleson answered:
Do the Stats & Trends include condominiums?
Leslie-It depends upon where you're looking at this. I typically like to seperate the 2 as the statistics are very different between single family and condos. My reason for this is th ... more
0 votes Share Flag Tue Sep 30, 2008 Market Conditions in Madison, WI
Alan May, Real Estate Pro in 60201
Alan May answered:
IF a house is paid in full.... and you "refinance" to pay debt, when you sell are there penalities?
I'm not a lender, but it's my understanding, that unless the "refinance" loan you take out has some sort of pre-payment penalty, you should be able to simply payoff that loan at closing ... more
0 votes Share Flag Sat Aug 30, 2008 Financing in Madison, WI
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