Financing in Wisconsin : Advice

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Donna Panico, Real Estate Pro in Janesville, WI
Donna Panico answered:
I cannot get remodified by BofA. House is in disrepair and I dont see why I would spend money to fix it.
If you are looking to move on to a rental situation and are not concerned about your credit, I would suggest listing the home with a Realtor who is experienced with short sales. It soun ... more
0 votes Share Flag Tue Aug 11, 2009 Financing in Menomonee Falls
Marc Schwenn, Home Buyer in Lewistown, PA
Marc Schwenn answered:
Finding Financing for Foreclosure it does not fit 203K req. streamline or regular . Just need a Good Lender!!
Napoleon, I am asking about the same question as you, please tell me if you have recieved any information on your matter. I am also a disabled veteran with similar situation and have a ... more
0 votes Share Flag Fri May 1, 2009 Financing in Racine County
Luke Allison,  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
Jo Ann, Home Buyer in New Berlin, WI
Jo Ann answered:
I would like to take over a restaurant/with apt attached with two partners, the owner is asking $400,000. fair
i've heard land contracts with interest up to 10% WOW, Is it crazy to buy in this market now?
0 votes Share Flag Mon Aug 9, 2010 Financing in New Berlin
Jed Lane, Real Estate Pro in San Francisco, CA
Jed Lane answered:
Changing Borrowers on a Mortgage
You would apply for a loan, you and your SO then when approved you deal with title to the property. YOu might be able to assume your Mom's loan if she set's up the loan that way.
0 votes Share Flag Mon Sep 22, 2008 Financing in Green Bay, WI
Alan May, Real Estate Pro in Evanston, IL
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
Dirk Knudsen, Real Estate Pro in 97124
Dirk Knudsen answered:
Hi - Plan a move to Wisconsin. I collect social security and have 20% down. Would I quailfy (with good?
You should be able to! Remember they look at your income and debts. Social Security Income should qualify. Take that and any other income you have and than divide that number by your ... more
0 votes Share Flag Wed Apr 23, 2008 Financing in Appleton, WI
Brian Burke…, Real Estate Pro in 80129
Brian Burke -Kenna Real Estate answered:
to get a fixed 30yr loan do I have to put 5% down. What if I don't have that money?
Do you have any other options, such as can you wait a couple of months before moving and then have the money down? Or can you maybe get help from family for the 5%. How are your credit ... more
0 votes Share Flag Thu Sep 4, 2008 Financing in Greenfield, WI
Todd Norsted, Real Estate Pro in Maple Grove, MN
Todd Norsted answered:
I was interested in some listings in Grantsburg, Wisc. My only downfall is credit. This will be my first
Hi Dave.....

I can't speak to programs available in Wisconsin, Minnesota has great programs for that which I have used many times! In MN, it's called MFHA, but I'd have to think WI ... more
0 votes Share Flag Wed May 1, 2013 Financing in Grantsburg
Rick Thomas,  in Madison, WI
Rick Thomas answered:
Should I wait to buy a home? Will interest rates be lowered soon?
While no one really knows what interest rates will do, I personally believe that they will hover in the low to mid 6% range for the next 6 months. The rate you may actually get depends ... more
0 votes Share Flag Wed Jan 26, 2011 Financing in Neenah
Jonathan Bow…, Real Estate Pro in Dorchester, MA
Jonathan Bowen answered:
Describe products arising from the subprime mortgage crash.
Lots of tissues, alcohol, gambling and stuff like that. If you're asking about mortgage products, I can't think of any. Take care, Jon
0 votes Share Flag Wed Nov 7, 2007 Financing in Wisconsin
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