Home Buying in Wisconsin : Advice

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Linda S. Cef…, Real Estate Pro in Oak Creek, WI
Linda S. Cefalu answered:
Our CU wants to know what house we want before they will give us a pre-approval. The realtor wants a letter before showing. What do we do?
Dear Granny,

I'm assuming you mean credit union? I would suggest that something is wrong here. It is almost unheard of to put an offer on a home without a pre-approval and in some ... more
0 votes Share Flag Sun Mar 17, 2013 Home Buying in 54467
Malinda Trim…, Real Estate Pro in Green Bay, WI
Malinda Trimberger ABR CRS GRI answered:
We are interested in renting a house in the L-C disctrict. Are any houses available to rent?
Hello Melissa,
The home you inquired about is for sale and not for rent. Our company does not facilitate rentals, however, I can post what you are searching for in my office. Do you ... more
0 votes Share Flag Mon Feb 25, 2013 Home Buying in Luxemburg
Richard Moen, Real Estate Pro in Watertown, WI
Richard Moen answered:
what are the HOA fees on this home? Is the yard and snow removal covered?
The fee is $300/mo.
Condo fee covers: Common Area Insur.; Trash Collection; Common Area Maint.; Pool Service; Sewer; Water.

I will check on yard and snow removal.
0 votes Share Flag Mon Feb 25, 2013 Home Buying in Lake Geneva
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
Lori Spanbau…, Real Estate Pro in Appleton, WI
Lori Spanbauer Blazek Muller answered:
What is the average time on the market for new homes in Menasha?
The average days on the market for homes in Menasha in January 2013 was 127 days with an average sales price of $126,068. There were 159 listed homes in Menasha per MLS as of January 3 ... more
0 votes Share Flag Wed Feb 20, 2013 Home Buying in Appleton
Eric D. Lenz, Real Estate Pro in Wisconsin
Eric D. Lenz answered:
Can I use the land as a down payment or collateral when building a new house? Or do I need the land and a down payment?
If you have enough equity in the land, that can be your down payment. Good luck!
0 votes Share Flag Sat Jan 18, 2014 Home Buying in Madison
Sunnie Zemaj, Real Estate Pro in 53142
Sunnie Zemaj answered:
How does a new casino in the neighborhood affect home values?
I live in that same area myself.......There are many conflicting points of view.I focus on the ease of transportation,hospitals nearby,shopping,great schools.As far as the casino goes,i ... more
0 votes Share Flag Mon Feb 18, 2013 Home Buying in Kenosha
Judy Braund, Real Estate Pro in Madison, WI
Judy Braund answered:
If a house is being bought and I know major things is wrong that the eye cannot see,should I point it out? (Not my home)
Are you the Realtor, friend, neighbor of the owner of the property? If you are the realtor, always be honest. If I was the Buyer, I would want to know. You may have to prove how you kn ... more
0 votes Share Flag Mon Feb 18, 2013 Home Buying in Madison
Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
Offer accepted on a new home, now partner about to lose his job. Afraid of being sued, what can we do before close of escrow next week?
Regret to hear of your situation.

You are not likely to get sued, but more likely to loose your Earnest
deposit, in the event you have removed all your contingencies.
If you have n ... more
0 votes Share Flag Mon Feb 18, 2013 Home Buying in Madison
Nan Brennan, Real Estate Pro in Appleton, WI
Nan Brennan answered:
on a property on lake winnebago, on a point with a channel on one side lake on front, a year round home, approx. selling price
Its hard to determine without seeing the home and doing a market analysis. If this is your home Id be happy to do a free analysis.
0 votes Share Flag Sun Feb 17, 2013 Home Buying in Oshkosh
Gary Haffeman, Real Estate Pro in Oshkosh, WI
Gary Haffeman answered:
price per square foot of lake frontage on lake winnebago south of oshkosh
Lake Winnebago frontage is about $ 2200/ ft.. The frontage on Lake Butte des Morts maybe a bit higher I.e. $2500/ ft..
0 votes Share Flag Sat Feb 16, 2013 Home Buying in Oshkosh
Nan Brennan, Real Estate Pro in Appleton, WI
Nan Brennan answered:
home values on lake winnebago south of oshkosh wi
Im not sure what your asking? Could you give me more information?
0 votes Share Flag Sat Feb 16, 2013 Home Buying in Oshkosh
None, Real Estate Pro in Summit, WI
None answered:
Could I purchase condo on Radburn with contingency that I sell my house first? I'll take it!!!
Hi Peggy,

Yes, you can submit an offer to purchase on that condo subject to the sale and closing of your house. However, until you remove that contingency, you could be bumped off a ... more
0 votes Share Flag Sun Feb 17, 2013 Home Buying in Greendale
The Mike Ric…, Real Estate Pro in Onalaska, WI
The Mike Richgels Team answered:
IS THIS HOME SOLD?
Yes, there is an accepted offer on this property.
0 votes Share Flag Fri Mar 1, 2013 Home Buying in Stoddard
George Raymo…, Real Estate Pro in Chino Hills, CA
George Raymondo answered:
I am going through a divorce and my husband has already had an appraisal done that i think is very low
Michelle,

The assessed value and the appraised value don't always match. Myself, I would contact a local appraiser and have them review the other appraiser's findings and see what th ... more
0 votes Share Flag Fri Feb 15, 2013 Home Buying in Walworth County
Patrick Mona…, Home Buyer in Waukesha County, WI
Patrick Monaghan asked:
Why are there so many golf course condos for sale in lake geneva? --
This question was asked from this property: http://www.trulia.com/property/3100412405-594-Geneva-National-Ave-N-Lake-Geneva-WI-53147
0 votes Share Flag Sun Feb 10, 2013 Home Buying in Lake Geneva
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
Who should pay for what... Mold found in attic and ice damming along the gutters was found today during our home inspection
Hi Janelle,

You can always ask the seller to complete the repairs (in writing) but they don't have to. Talk to your Realtor about requesting repairs. If you ask and the seller says ... more
0 votes Share Flag Mon Dec 22, 2014 Home Buying in Madison
Richard Moen, Real Estate Pro in Watertown, WI
Richard Moen answered:
If a seller refuses to include GAP Insurance is that a red flag?
Not nessesarily. Many times the Seller looks at it as an uneeded expense. You can offer to pay for it as the buyer.
0 votes Share Flag Sun Feb 10, 2013 Home Buying in Plover
Dave Mays, Real Estate Pro in Verona, WI
Dave Mays answered:
I am moving from Salt Lake City and would like to know what is the average monthly cost of utilities, water, cable, etc. in Madison, WI?
Tim,

Utilities (gas & electric) and water all depend on usage, but if you're one person as opposed to a 5-member family, a good estimate for those would be $150/month. Add in phone, ... more
0 votes Share Flag Tue Feb 12, 2013 Home Buying in Madison
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