53045 : Questions & Answers

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Jeff Gramins, Real Estate Pro in 53188
Jeff Gramins answered:
what is better 53045 or 53122?
There is no "better" or "worse" with these zip codes. They both share the same school district and, geographically, are pretty much the same.

Elm Grove (53122), is a mostly non-busin ... more
0 votes Share Flag Sat May 31, 2014 In My Neighborhood in 53045
JASON SAN MI…, Real Estate Pro in Waukesha, WI
JASON SAN MIGUEL answered:
Does anyone know of any vacant residential land in Brookfield Wisconsin between 1-2 acres that might be coming on the market?
Hello Mike,

Vacant land is a little behind the ball in terms of sales because of the obvious recession. However, I recently read that new construction is up 35% from last year all ac ... more
0 votes Share Flag Mon Mar 4, 2013 Home Buying in Brookfield
Sallyk, Real Estate Pro in Elm Grove, WI
Sallyk answered:
How do you compare sale price with Assessed price ?
The purpose of an assessment is for a municipality to collect taxes and pay the cost of running the services they provide residents. There is no relationship between assessment and sal ... more
0 votes Share Flag Thu Jul 5, 2012 Home Buying in Brookfield
Patrick Cott…, Real Estate Pro in New Berlin, WI
Patrick Cotter answered:
upper cost condos prices?
High end Condo's have seen a rise in sales with price slightly up from last year. Where you find problems with price is where there has been large assessments by the condo association c ... more
0 votes Share Flag Fri Dec 21, 2012 In My Neighborhood in Brookfield
Linda S. Cef…, Real Estate Pro in Franklin, WI
Linda S. Cefalu answered:
Pricing in Elmbook school district
Hi Kris,

I have been working in the Brookfield area for the past two years. And, yes, there are homes in this price range. If you care to email me with your email address, I would ... more
0 votes Share Flag Wed Apr 20, 2011 Home Buying in Brookfield
Terilynn Gei…, Real Estate Pro in Brookfield, WI
Terilynn Geissner answered:
We might be moving to Milwakee area, what would our home cost there? 4BD 2B .18 acre, 1750 sq ft, built 1999, 2 car gar.
It really depends on where in the Milwaukee Area you are referring to. Home values can range from $200,000 to $350,000 depending on the city or subsurb you are interested in. I would ... more
0 votes Share Flag Wed Apr 20, 2011 Home Buying in 53045
Pat and Steve…, Real Estate Pro in Westlake, OH
Pat and Steve Pribisko answered:
I recently posted a question for the Brookfield WI area dealing with a house that has LP siding installed and no one from the area responded. why?
I don't know why local Realtors haven't responded. For anyone who doesn't know, LP stands for "Lead Paint." Are you interested in buying the condo if the LP s ... more
0 votes Share Flag Sun Jul 25, 2010 Home Buying in Brookfield
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
A real estate agent stated that a property was 61K below "fair market value (FMV)."
The tax assessment is worthless when trying to determine fair market value. Often that assessment is a few years old. Even if it was correct when done in 2006 it would not be correct to ... more
0 votes Share Flag Mon Jul 5, 2010 Home Selling in 53005
Team Albert -…, Real Estate Pro in Port Saint Lucie, FL
Team Albert - KW Port St Lucie answered:
This is an answer to Beth. Trulia is not user-friendly. So with regards to your answer concerning true market value in Waukesha County. It does not
Kip,
I think you two should Email and not argue in a public question/answer forum. Trulia is a public information forum not a bull ring.

Debbie Albert, PA
Coldwell Banker Resident ... more
0 votes Share Flag Sat May 31, 2014 Home Buying in Brookfield
Voices Member,  in
Voices Member answered:
Are condos good investments in Brookfield WI?
If your home purchase is about the investment, rather than the location and lifestyle, then I would not recommend a condo. Most condo owners stay about 3 years, rather than 7 years in ... more
0 votes Share Flag Sun Jun 27, 2010 Home Buying in Brookfield
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
Condo or house, what is the better investment? Given that the condo is in a better location.
The future is uncertain.

The three most important words in real estate: location, location, location.

Houses come with land, which has value, but in down markets, when builders ar ... more
0 votes Share Flag Thu Jun 24, 2010 Home Buying in 53005
Cindy Maclay, Real Estate Pro in 29681
Cindy Maclay answered:
Bump Clause in Primary Offer, What does this mean for Back up offers?
from my experience, we us a 72 hr. first right of refusal. Meaning the primary has 72 hr. to remove all contingencies and have financing in place to close. I have never heard of the ter ... more
0 votes Share Flag Tue Feb 4, 2014 Home Buying in 53005
Sallyk, Real Estate Pro in Elm Grove, WI
Sallyk answered:
Does a buyer ever have to pay a commission to their agent or does the seller always do that?
Hi Iris...
The commission for a house that is listed by a real estate agent is set by and included in the price of a house. The reason the agent wants you to sign a buyer agency is s ... more
0 votes Share Flag Sun May 2, 2010 Home Buying in Brookfield
Beth Jaworski, Real Estate Pro in Wauwatosa, WI
Beth Jaworski answered:
Are finished basement included in advertised square footage?
That depends Kip. They are not supposed to be, unless it is an exposed basement. With an exposed or english basement, the finished area will generally be counted. As you can see, it wil ... more
0 votes Share Flag Sun Feb 21, 2010 Home Buying in 53005
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
How do you handle an agent that plays games right before we're ready to buy?
In this market homes with 1st time home buyers credit we are busy as agents can have 10 showings a day.

No agent would take a home off the market unless there was a contract execute ... more
0 votes Share Flag Sun Jan 10, 2010 Home Buying in Brookfield
Jeff Gramins, Real Estate Pro in 53188
Jeff Gramins answered:
How do you handle an agent that plays games right before we're ready to buy?
The first thing you should listen to is your gut. If the whole thing rubs you wrong, step back. The next thing you should do is hire an agent to represent your interests. Regardless of ... more
0 votes Share Flag Sat Jan 9, 2010 Home Buying in Brookfield
Catherine (C…, Real Estate Pro in Edison, NJ
Catherine (Cathy) Chaudemanche Team | Edison Realtor, ALC + answered:
How does a buyer guard against the volatility of the current market?
Hi Kip,

Are you looking at flipping homes or buying a home to raise your family?
0 votes Share Flag Thu Jan 20, 2011 Home Buying in Brookfield
Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
Our real estate agent is not working out for us. We have severed our relationship. What establishes "procuring cause"?
procuring cause is a series of events that eventually leads to a closing.

Automated e-mails, even physical showings aren't enough. It's a relationship. Assuming that you ... more
0 votes Share Flag Sat Jan 9, 2010 Home Buying in Brookfield
Joseph Washi…, Real Estate Pro in Berwyn, IL
Joseph Washick answered:
Why does the MLS show a property as a new listing when it is relisted? This seems unethical.
You're right, Kip, and I don't know the answer to that question either. The market time meter may still be running, though. A buyer should be able to ask the Realtor what th ... more
0 votes Share Flag Fri Nov 18, 2011 Home Buying in Brookfield
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