Home Buying in Madison : Advice

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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:
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
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
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
Billy, Other/Just Looking in Yes
Billy answered:
How many subdivisions are there in the area borded by Hwy M on the west, McKee Rd to the north, and Verona?
Hey Mikey~
Many times when someone wants irrelevant information, it is because they are dancing around the issue of buying a house. They want to but they are afraid to commit. So they ... more
0 votes Share Flag Thu Jul 17, 2014 Home Buying in 53719
Jim Johnson, Real Estate Pro in 78233
Jim Johnson answered:
Have others noticed the market heating up for starter-level homes? In Madison, WI, I've seen several offers
Possibly. I see in The Showcase USA (a local industry news/ad sheet), that WI appears to be less badly affected by the general malaise in the RE markets associated with the sub-prime f ... more
0 votes Share Flag Sat Jun 21, 2008 Home Buying in Madison, WI
Jim Johnson, Real Estate Pro in 78233
Jim Johnson answered:
What's the best way to lock in a desired house?
If the seller agrees, a contingency contract will hold the property for you. You will have little in the way of bargaining power, and may find it necessary to offer compensation to the ... more
0 votes Share Flag Tue Jun 10, 2008 Home Buying in Madison, WI
Darren Kittl…, Real Estate Pro in Madison, WI
Darren Kittleson answered:
How to negotiate the best price if the house isn't exactly what you want.?
Great question. The real indication of value is what a buyer is willing to pay and what a seller is willing to accept. Is this scientific? Not at all but truly the best indication. ... more
0 votes Share Flag Mon Jun 9, 2008 Home Buying in Madison, WI
Jeffrey Schn…, Real Estate Pro in Austin, TX
Jeffrey Schnabel answered:
I have never owned a home- but my boyfriend does. Can I retain my first time home buyer status if I marry him?
Erica,

Many first time home buyer programs have stipulations that often require revalidating your status each year. But, as many government programs go, they often never do the foll ... more
0 votes Share Flag Tue May 27, 2008 Home Buying in Madison, WI
Duane Murphy, Real Estate Pro in Appleton, WI
Duane Murphy answered:
Looking to possibly build in the western 1/2 of the madison area. We plan to spend 600k - 800k
Jason-

What you will want to do before you start driving to all of the subdivisions in the Madison area is to decide what school area you are going to be in (per past questions)and w ... more
0 votes Share Flag Tue May 6, 2008 Home Buying in Madison, WI
Darren Kittl…, Real Estate Pro in Madison, WI
Darren Kittleson answered:
Found home-Ready to make offer- can we negotiate fee if hire buyers agent at this point?
This is possible. Buyer agency fees, similar to real estate sales commissions are completely negotiable. It seems in the way your question is worded that you don't expect to pay the ... more
0 votes Share Flag Fri Mar 25, 2011 Home Buying in Madison
Karen Wenzel,…, Real Estate Pro in Milwaukee County, WI
Karen Wenzel, e-PRO answered:
What are the pros and cons of buying a house with no basement? Is a house without a basement harder to resell?
Theresa,
The Pros of having no basement would be... no basement issues to deal with. So, for someone who is looking for a property maybe as an alternative to being in an apartment or ... more
0 votes Share Flag Fri Apr 1, 2011 Home Buying in Madison
Duane Murphy, Real Estate Pro in Appleton, WI
Duane Murphy answered:
Are 4000sq ft New Const custom homes available and how much would I have to realisticly pay? Big Lot
Chris-

Contrary to what the national news would lead you to believe the home construction business is still alive and well. While the builders may not be as busy as they once were th ... more
0 votes Share Flag Sat Apr 12, 2008 Home Buying in Madison, WI
Voices Member,  in
Voices Member answered:
Did the accepted offer on the 3 bdrm ranch at 2305 Waltham Rd, Madison, WI go through and has the sale closed?
not sure but it seems your key is stuck on your keyboard

anyways

good luck
0 votes Share Flag Tue Mar 25, 2008 Home Buying in Madison, WI
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
We are moving to Madison this summer, and have a preschool-aged son with special needs (autism and hearing
I faced a somewhat similar issue with a child with ADHD. In our case, though, we weren't moving, but had encountered difficulties at the elementary school and wanted to make sure that t ... more
0 votes Share Flag Fri Mar 7, 2008 Home Buying in Madison, WI
Rob Summers, Real Estate Pro in Madison, WI
Rob Summers answered:
Would you buy a condo in Madison? If so where would you buy? 160-180k price range
The Condo market is a little more sensitive to market conditions than homes. Still average prices have appreciated about 5% over the last 4 years. Whether is makes sense for you depen ... more
0 votes Share Flag Fri Apr 19, 2013 Home Buying in 53719
Darren Kittl…, Real Estate Pro in Madison, WI
Darren Kittleson answered:
did the property at 2636 Arboretum Ln sell?
Yes, the property at 2636 Arboretum Lane did sell in mid-January. It sold as 1 full parcel (just over 1 acre of land) to a single party. Their plan is to upgrade the home and not subd ... more
0 votes Share Flag Tue Feb 5, 2008 Home Buying in Madison, WI
Paula Dollard, Real Estate Pro in Madison, WI
Paula Dollard answered:
Did the 3 bdrm home at 2305 Waltham Rd, Madison, WI sell? I don't see it listed anymore.
Cynthia,
2305 Waltham had expired at the end of last month and was re-listed yesterday with a price reduction. It is now listed at $184,900. The new MLS number is 1507401.
Paula
0 votes Share Flag Fri Mar 7, 2008 Home Buying in Madison, WI
Durenda Fach…, Real Estate Pro in Coastal Tampa Bay ar...
Durenda Fachtmann CEC CRS GRI answered:
Do most houses sell for below asking price? If so, how far below (on average)?
Ashley,

It depends on relative asking price. Homes priced closer to their current value and in good condition tend to sell close to or at their asking price. To get a better idea o ... more
0 votes Share Flag Mon Dec 31, 2007 Home Buying in Madison, WI
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