Racine County : Advice

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Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
We would like to purchase a home around $180000. What is the price range we should look between?
Marci,
Step one is get pre-approved for you mortgage. You may find you are qualified for a different amount. Once you are pre-approved get a good local agent and have them run all t ... more
0 votes Share Flag Tue May 11, 2010 Market Conditions in 53406
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
We would like to purchase a home around $180000. What is the price range we should look between?
It depends, in large part, on market conditions. It also depends on the motivation of the seller. Realistically, in most cases, I'd say look at everything below $225,000. Don' ... more
0 votes Share Flag Sat May 1, 2010 Market Conditions in 53406
Joan Braunsc…, Real Estate Pro in Morris County, NJ
Joan Braunschweiger answered:
Is there any place (perhaps a website) where I can find statistics on realtors? I am looking to buy a house in a few months and am not sure how I
Jjohnson,
I am not sure what statistics will show you.
You need to interview agents. Interview them until you KNOW you have found the right one. Be picky, take your time and don ... more
0 votes Share Flag Thu Apr 22, 2010 Home Buying in Racine
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
In general, how much under asking price are people paying for homes that are not short sales or foreclosures in Racine, WI? I know it depends on many
There may be a mathematical average. Who knows? 8%? 5%? 2%? Maybe they're paying above asking price. I can identify areas where homes are, on average, selling for more than their a ... more
0 votes Share Flag Fri Apr 16, 2010 Home Buying in Racine
Elva Wormley, Real Estate Pro in San Jose, CA
Elva Wormley answered:
Can someone please explain FHA's mortgage insurance works? I am looking to by a house in the fall and am wondering how large a down payment I
Hi Jjohnson,

If you're putting 20% down, you should be able to go with a conventional loan.

With FHA, regardless of the down payment, you are required to have mortgage insura ... more
0 votes Share Flag Fri Apr 9, 2010 Financing in Racine
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Is 6928 5 mile rd zoned for business use in racine wi?
Since no local answers yet--any local agent can answer your question--contact any realty office(s) and inquire or contact any local Trulia contributor direcly and ask.
0 votes Share Flag Mon Mar 22, 2010 Home Buying in Caledonia
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Where can I get a proof of funding doc. to have an investor fill out?
It depends what you need it for and what type of funding you are obtaining or if it is a proof of funds for a cash transaction, if you want to come back and add some details i can go in ... more
0 votes Share Flag Wed Mar 10, 2010 Home Selling in 53105
Deborah Madey, Real Estate Pro in Red Bank, NJ
Deborah Madey answered:
Advertising FSBO
Are you listed in MLS at all - as in a flat fee listing? If you are in MLS, where do the inquiry calls go? How those are handled can impact your traffic.
0 votes Share Flag Sun Mar 7, 2010 Home Selling in Racine County
Kathy Persha, Real Estate Pro in Clarkston, MI
Kathy Persha answered:
In a forclosure, what is meant by "No deficiency judgment; 6 month redemption period"?
A deficiency judgment is the difference between the amount that the lender receives on a short sale and the amount owed on the property. in most states, the lender has the right to pur ... more
0 votes Share Flag Tue Mar 2, 2010 Foreclosure in Racine
Joseph Domino, Real Estate Pro in Scottsdale, AZ
Joseph Domino answered:
Short sale
Probably not. The property is probably listed at a price where the Seller has no room to give and accepting a low bid will kick in the Short Sale. Your agent should be able to find ou ... more
0 votes Share Flag Wed Feb 24, 2010 Home Buying in Racine
None, Real Estate Pro in Summit, WI
None answered:
Can a broker refuse to show property that he has listed?
Yes, they can decline to show the property. Once there is an offer in place the seller may have directed them to not show the property anymore. It robably still shows as being available ... more
0 votes Share Flag Sat Feb 6, 2010 Foreclosure in 53182
Sally Hanson, Real Estate Pro in New Berlin, WI
Sally Hanson answered:
i want to know the history on my house who lived there did anyone die there
Do you have spirits visiting you ? Seriously if the home was listed in MLS...we can tell you the owners for the past 7 years. Before that,,,or if the house transferred ownership in so ... more
0 votes Share Flag Sat Dec 6, 2014 General Area in Racine
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Best way to sell a great condo, in a buyers market of foreclosures?
The best way to sell anything in a Buyer's market is price it right for the condition and amenities. Make it stand out and shine above all the others so that a buyer can see thems ... more
0 votes Share Flag Fri Jan 15, 2010 Home Selling in Racine
Mini Samuel, Real Estate Pro in 53158
Mini Samuel answered:
I'm an Australian citizen looking to buy a property in Wisconsin. Is there anything I need to know?
Im not sure what sort of restrictions you are referring to..Please call me (262) 960-0468 and I can address all the questions you may have..Thanks! Mini
0 votes Share Flag Thu Apr 8, 2010 Home Buying in Racine
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna 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 Houston Suburban Hei...
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
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