Home Buying in Milwaukee : Advice

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Mona Elmore, Real Estate Pro in Milwaukee, WI
Mona Elmore answered:
I would like to make an offer for 4674 N 56th St Milwaukee, WI 53218-5026. I am an out of town investor. Could someone share a word of wisdom on many?
If you would like to send me your email address, I would be happy to forward you the listing from the Milwaukee Metro MLS. This would include the history and documents attached to this ... more
0 votes Share Flag Fri Jul 5, 2013 Home Buying in Milwaukee
Rob Wagner, Real Estate Pro in West Bend, WI
Rob Wagner answered:
Why am I unable to view the addresses of foreclosed homes? Is it for privacy reasons?
Your best bet is to go through a Realtor. It costs you as a buyer nothing to work with an agent, and a good Realtor will work hard to help you find what you want.

You have nothing t ... more
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Riverwest
Kerryann Dou…, Real Estate Pro in Hales Corners, WI
Kerryann Douglas answered:
Are code violations on homes for sale public information? Where can I find that information?
Yes, they are public record. Visit the city of Milwaukee's website at www.milwaukee.gov and go into the city's site not the county's and then click on get property information on the l ... more
0 votes Share Flag Tue Apr 9, 2013 Home Buying in Riverwest
Kerryann Dou…, Real Estate Pro in Hales Corners, WI
Kerryann Douglas answered:
Is Riverwest zoned for a small bed & breakfasts (2 or 3 beds)?
According to the tax records that property is zoned LB2 which is commercial. According to the City of Milwaukee Zoning Ordinances http://city.milwaukee.gov/tableofcontents#Ordinances b ... more
0 votes Share Flag Tue Apr 9, 2013 Home Buying in Riverwest
Geri Schierow, Real Estate Pro in Milwaukee, WI
Geri Schierow answered:
does non purchasing spouse need to have a clear CAIVRS in order for the purchasing spouse to qualify for FHA?
In order to get a correct answer, you should talk to a mortgage loan person. If you do not know one, let me know & I will direct you to a very knowledgeable one.

Geri Schierow
0 votes Share Flag Thu Jun 26, 2014 Home Buying in 53226
Mandy Fritsc…, Real Estate Pro in Wisconsin
Mandy Fritsche answered:
Are there any banks in WI that offer special financing, non-traditional down payment options for teachers with fair credit buying a second home ?
FHA requires 3.5% down payment we go down to 580 credit score. We would have to look at your scenario to see FHA would allow you to have 2 FHA loans at 1 time. There is a few circumst ... more
0 votes Share Flag Fri Mar 22, 2013 Home Buying in 53224
Rob Wagner, Real Estate Pro in West Bend, WI
Rob Wagner answered:
loan is currently in underwriting. Today, I am offered a new job with a higher pay same line of work. Closing date is not until 4/22/13.
You shouldn't hesitate to mention it to your loan officer. Any changes in income can affect the approval process.

Don't put yourself in a situation that may lead to trouble down the ... more
0 votes Share Flag Wed Mar 20, 2013 Home Buying in Milwaukee
Elwyn O Jarv…, Real Estate Pro in Milwaukee, WI
Elwyn O Jarvis answered:
Does anyone know of any condo facts for Newport West Condos in Milwaukee,WI?
There are a few nice units for sale in Newport West Condominiums
0 votes Share Flag Sat Mar 16, 2013 Home Buying in Timmerman West
Connie Fitzg…, Real Estate Pro in 20659
Connie Fitzgerald answered:
I live in a home that is being foreclosed...what steps do I take if I am interested in purchasing the home?
This is a great question. Has your home already gone to foreclosure? If it has, it would be difficult getting a loan so you would have to attempt paying in CASH as your credit would hav ... more
0 votes Share Flag Thu Mar 14, 2013 Home Buying in 53210
Richard Moen, Real Estate Pro in Watertown, WI
Richard Moen answered:
When purchasing a property, is it best to purchase with your own (buying) agent ? Can you just purchase through the selling agent instead?
Either way works. Things to consider are 1. the listing agent has been employed by the seller. Their loyalties are to be to the seller. That being said, they may be able to work as your ... more
0 votes Share Flag Sun Feb 10, 2013 Home Buying in Milwaukee
Troy Miller , Real Estate Pro in 53051
Troy Miller answered:
Is it a bad idea to buy a home that is priced higher than the homes valued in the area?
Melissa,

The short answer is that you'd rather buy the smallest home on the block as the larger homes will keep your value up and higher than usual. The biggest challenge lately wit ... more
0 votes Share Flag Tue Jan 22, 2013 Home Buying in Milwaukee
Rodney, Real Estate Pro in Milwaukee, WI
Rodney answered:
How does one find, or can anyone recommend a good, experienced broker/agent in small multifamily properties like 3-4plexes?
Hi Kyle,

My name is Rodney, Owner/ Agent of All Transaction Realty LLC, and I would be more than happy to help you find small multi-family properties for your investment profile. Pl ... more
0 votes Share Flag Wed Jan 16, 2013 Home Buying in Milwaukee
Liz Apuli, Real Estate Pro in Hartland, WI
Liz Apuli answered:
Advice on choosing a house with 3 bed 1.5 bath instead of 3 bed 2 bath
Hi,
Wauwatosa has a lot of older homes...often they didn't build 2 full baths. Many have been renovated though. You can find some though. If you're open to different areas, I would l ... more
0 votes Share Flag Tue Oct 8, 2013 Home Buying in 53214
Troy Miller , Real Estate Pro in 53051
Troy Miller answered:
Selling a home and purchasing a new one
You should start by interviewing several agents to find a good fit. Its more the agent then the specific company that will service your listing/purchase. As in any business there are ... more
0 votes Share Flag Wed Nov 14, 2012 Home Buying in Milwaukee
Derse A. Smi…, Real Estate Pro in 53217
Derse A. Smith answered:
What is going up on Erie Street next to MIAD?
Which construction project are you referring to? If it's the top of the River Resnaissance bldg, that is a private penthouse resisdence.

Derse Smith
First Weber Group
414-698-32 ... more
0 votes Share Flag Mon Jun 16, 2014 Home Buying in Historic Third Ward
None, Real Estate Pro in Summit, WI
None answered:
Take a second chance on an iffy Realtor, or find a new one?
Any agent can handle a short sale for you. Not too many are willing to, however, because fo the hoops through which you have to jump to sell one.

Despite all of our training and lic ... more
0 votes Share Flag Thu Sep 6, 2012 Home Buying in Milwaukee
Wisconsin Ba…, Home Buyer in Milwaukee County, WI
Wisconsin Badger asked:
Looking for hard money lender in Milwaukee?
0 votes Share Flag Thu Aug 2, 2012 Home Buying in Milwaukee
Troy Miller , Real Estate Pro in 53051
Troy Miller answered:
My broker told me not to buy short sale properties because it takes too long to process and I shoudn't wasted my time. Is it true?
B...short sales can be tricky to navigate. They do typically take longer than regular transactions and even straight foreclosures. Some questions to ask yourself:

1) How good of a ... more
0 votes Share Flag Mon Jul 30, 2012 Home Buying in Milwaukee
Larry Hicks, Real Estate Pro in Milwaukee, WI
Larry Hicks answered:
What is the average time homes are on the market for 53217?
The average time homes should be on the market are 60 to 90 days. If longer than that buyer will think something's wrong with the property.


we are currently investing in the 53217 ... more
0 votes Share Flag Tue Aug 7, 2012 Home Buying in 53217
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Seller wants to stay!!! what should I do?? please help!!
You WANT the house!
They NEED the house!!!

Suggest you be reasonable and make some arrangements;
think of giving of yourself to someone who needs help.

Good luck and may God ble ... more
0 votes Share Flag Tue Jul 17, 2012 Home Buying in Milwaukee
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