Home Buying in Milwaukee : Advice

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John Friedri…, Real Estate Pro in Whitefish Bay, WI
John Friedrichs answered:
Is there an easy way to get property taxes lowered? Found a house with taxes about 1K higher than surrounding houses on the market with more sq
Trying to get a Municipality to lower taxes on anyhting is never easy. Theonly way to get it lowered would be to approach the city assessors office with the amount you purchase the hou ... more
0 votes Share Flag Tue Nov 24, 2009 Home Buying in Bay View
Betsy and Ken…, Real Estate Pro in 53217
Betsy and Ken Head answered:
Is it possible, with a credit score between 600 but less than 700 to get a mortgage loan? Can you get a consecutive 2nd mortgage to consolidate debt?
Yes it is possible but I would like to speak with you to find out the particulars. Please give me a call at 414-964-3636.
Ken
0 votes Share Flag Tue Sep 29, 2009 Home Buying in Capitol Heights
lsdfka kl;fa…, Real Estate Pro in Milwaukee County, WI
lsdfka kl;fask;sak answered:
I am considering purchasing a condo in a 16 unit development. They have $70,000 in reserve funds....is that?
Marie, Is that a new project or an older development? New projects don't require as much in the reserve fund. If it is an older property, I would want to know the age of the roof and me ... more
0 votes Share Flag Wed Jul 29, 2009 Home Buying in Milwaukee
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
I live in Milwaukee WI, and am debating on whether to buy a condo or rent....am concerned about difficulty?
When buying a condo there are lots of factors you need to research. Including the finances of the condo association, up keep of the project, current sales and current listings in the p ... more
0 votes Share Flag Wed Jul 29, 2009 Home Buying in Milwaukee
Saundra Lee…, Real Estate Pro in Fremont, CA
Saundra Lee Allman answered:
Looking for a Realtor who knows the Milwaukee area and has investing experience
Hi Sarah: I have a large sphere of influence and can with your permission introduce to you someone on a referral basis. I work with professionals all across our nation. My social netwo ... more
0 votes Share Flag Wed Jul 29, 2009 Home Buying in 53227
Debbie Bingh…, Real Estate Pro in Milwaukee, WI
Debbie Bingham answered:
I am having problems with several different realtors (different agencies). I have contacted them about
I'm sorry to hear you've had a bad experience with Realtors! You would think in a slower market, that agents would be thrilled to have someone inquire about their property listings. T ... more
0 votes Share Flag Wed Jun 24, 2009 Home Buying in 53227
Debbie Bingh…, Real Estate Pro in Milwaukee, WI
Debbie Bingham answered:
I just started lookin into housing since i already pay 700 a month for a 2 br. but I was wondering
Hi Mia:

Congratulations on deciding you want to buy a home! I'll try to answer your all your questions, so you can know what to expect.

There are a lot of bank owned properties a ... more
0 votes Share Flag Wed Jul 29, 2009 Home Buying in Milwaukee
Christa LaFa…, Real Estate Pro in Jacksonville, FL
Christa LaFarlette, Realtor answered:
Has anyone had any experience in the following situation?
I actually have---
And decided that I would only suggest this after there is short sale approval for the offer on the table. If for some reason it goes wrong it could be a problem to ... more
0 votes Share Flag Thu Jun 4, 2009 Home Buying in Milwaukee
Betsy and Ken…, Real Estate Pro in 53217
Betsy and Ken Head answered:
Rent with an option to purchase till the market picks back up?
It depends on the the size of your home, there are no guidelines but you can look at other rentals in the area. A rent with option can get a better rent than a standard rent, with part ... more
0 votes Share Flag Mon Oct 19, 2009 Home Buying in Franklin Heights
Chris Mabry…, Real Estate Pro in Tucson, AZ
Chris Mabry SRS,e-PRO answered:
I recently filed bankuptcy and I am looking to by a home. I will be a 1st time buyer. what should I do?
Hello,
Depending on the age of your filing and the type of filing you may be out of luck for a few years. It typically takes 3 years of recovery to be approved to buy a home. Cont ... more
0 votes Share Flag Sat Apr 7, 2012 Home Buying in 53224
Beth Jaworski, Real Estate Pro in Wauwatosa, WI
Beth Jaworski answered:
5% down payment in the Milwaukee area?
Yes! You can go 5% with a conventional loan and 3 1/2% with an FHA loan. I recommend Michele Takach at Associated Bank (414) 303-8544.
0 votes Share Flag Mon Aug 10, 2009 Home Buying in Milwaukee
Zmk, Both Buyer and Seller in Milwaukee County, WI
Zmk answered:
As a potential buyer going through open houses, sometimes I'm not sure whether or not I want to use a buyer's
Let me also clarify, I do truly understand the reasons to use a buyer's agent. But there have been a couple of properties for sale, where we believe it would be in our best financial i ... more
0 votes Share Flag Sun Aug 2, 2009 Home Buying in Milwaukee
Polly Briley, Real Estate Pro in Boone, NC
Polly Briley answered:
Can I request a home inspection before making an offer?
Yes, you can ask, but the seller can also say no. A client I have did just that. It was a wise move as he adjusted his offer price based on that inspection. The offer was excepted.
0 votes Share Flag Mon Nov 17, 2014 Home Buying in Milwaukee
Debby Thomps…, Real Estate Pro in 53226
Debby Thompson answered:
After I have signed a Real Estate Purchase Addendum, can a better offer oust me on a REO?
The answer is yes. Until your agent or you get the signed contract back it is no deal. It is the same way with a regular offer to purchase.
0 votes Share Flag Wed Apr 15, 2009 Home Buying in Milwaukee
Kristin Noll, Real Estate Pro in Milwaukee, WI
Kristin Noll answered:
Thinking of buying a condo in the 3rd Ward to rent. What are the rental prices like in that area???
It depends on the size of the condo. You could get up to $1,500 for an average 2 bedroom. But you'd have to get a really good deal in order to get cash flow and you'll be limited to the ... more
0 votes Share Flag Mon Oct 1, 2012 Home Buying in Historic Third Ward
Beth Jaworski, Real Estate Pro in Wauwatosa, WI
Beth Jaworski answered:
We recently submitted an offer on a single family house in Wisconsin. The property had been on the market for
Hi Paul,

Yes, it does seem unusual, but as a Realtor since 1992, I can tell you this often happens! We joke about it at the office because it is almost inevitable - a property sits f ... more
0 votes Share Flag Wed May 20, 2009 Home Buying in Milwaukee
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
Does the warranty deed clear all existing liens and emcumbrances?
The warranty deed does not clear the existing liens and emcumberances. I title policy should be completed and allow the seller to transfer the interest via warranty deed. A property c ... more
0 votes Share Flag Sun Feb 8, 2009 Home Buying in 53210
Debbie Bingh…, Real Estate Pro in Milwaukee, WI
Debbie Bingham answered:
want to put an offer on a home in the area of hampton and 104th Street near Wauwatosa.
Stephanie:

Here is a link to some information regarding the schools in the Wauwatosa area. I've also included a link to the City of Wauwatosa for you to gather some more information ... more
0 votes Share Flag Sun Jan 18, 2009 Home Buying in 53225
Owen Zweiback, Real Estate Pro in Bonita Springs, FL
Owen Zweiback answered:
Why is it so difficult to buy an REO?
Hey Milwaukee:

Yes, we have all had our difficulties dealing with these sorts of offers. I've found that the short sale process is absurd and many sellers haven't been pre-approved f ... more
0 votes Share Flag Fri Jun 20, 2014 Home Buying in 53212
None, Real Estate Pro in Summit, WI
None answered:
My fiance and I plan to buy our first house within the next 3-12 months. We anticipate that we will obtain an
Hello,

I see no one wants to have a shot at this one and I don't blame them one bit!

My best advice is to contact a mortgage loan officer at your bank or I can provide you with se ... more
0 votes Share Flag Mon Jan 19, 2009 Home Buying in Milwaukee, WI
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