Rick Thomas

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Rick Thomas,  in Madison
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Rick Thomas's Answers (8)
Rick Thomas answered:
The answer to this question depends a lot on what kind of land you are looking for. If you are looking for hunting land, approximately $3000/acre seems to be the going rate depending on the make up of the land. Building lots range from $10,000-$200,000+ depending on water access. - Tue Feb 12 2008, 04:55

middleton or verona high school? Is there a big difference?

Rick Thomas answered:
Picking a school is always a personal choice based on many factors. If you go just by the numbers, and not everything else that goes into making a good school, Middleton has higher test scores. It is also a little bigger school, with all of the advantages and disadvantages that go with that. I used to teach in Middleton, and always thought it was of very high quality. Verona is growing faster than Middleton, and it is starting to attract a lot of young families. Both schools are excellent, and I would base which one my child attends on where I am going to be working. - Fri Jan 25 2008, 04:46
Rick Thomas answered:
There are lots of recreational waterfront properties for sale in the Tomahawk area. You can search for properties on many websites such as Trulia or Realtor.com. I would highly recommend working with a buyer's agent to help you find the best properties at the best value. Winter can be a great time to buy as many people are willing to entertain offers on property they are not currently using or which has been for sale for some time. - Tue Dec 25 2007, 09:38

I am planning to buy a condo built in 2002

Rick Thomas answered:
Sushma,
The answer to your question depends a lot on where in Wisconsin you are buying the condo. The market in every city and even in different parts of a city can vary greatly. I would highly recommend using a buyer's agent that specializes in the city you are looking to buy. I usually recommend people buy if they are looking to stay in the same place for 3 or more years. You are right on the edge of that, so please check with a professional before buying. - Tue Oct 23 2007, 14:01

Should I wait to buy a home? Will interest rates be lowered soon?

Rick Thomas answered:
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 a lot on your situation and credit score. The better credit you have, the lower rate you will receive. I do not personally believe that by waiting you will get a lower interest rate, and they might actually go up.
As far as whether or not you should buy right now, a lot depends on the real estate market in your particular area. All real estate is local, and some markets are very hot and some are very cold right now. You should talk to a local professional about what is happening in your area. If you are planning to live in the same place for 3 or more years, and you have decent credit, in general, now is a great time to buy. - Thu Oct 11 2007, 14:29
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