Waukesha : Questions & Answers

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Mandy Fritsc…, Real Estate Pro in Wisconsin
Mandy Fritsche answered:
We have bad credit due to a failed business caused by situations beyond our control. We soon will need to buy a home in Waukesha.What are our options?
Hello: We are able to lend on an FHA loan down to a 580 credit score. Are you and your spouse now employed again after the failed business? Did you have any Bankruptcy or Foreclosures ... more
0 votes Share Flag Thu Jun 19, 2014 Home Buying in Waukesha
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Is it possible to purchase a home that is in the foreclosure process? According to Zillow, the owners have been served a Notice of Lis pendens.
Understand that the owner must pay off the mortgage that is owed on the property and any liens to be able to sell it. Are you saying that you would offer enough to pay off the loan and ... more
0 votes Share Flag Wed May 21, 2014 Home Buying in Waukesha
jswen8182, Home Seller in Waukesha, WI
jswen8182 asked:
Value of this property? This question was asked from http://www.trulia.com/property/3023836953-W302S2814-Bethesda-Cir-Waukesha-WI-53188
0 votes Share Flag Thu Apr 4, 2013 Market Conditions in Waukesha
Elizabeth Si…, Real Estate Pro in Minneapolis, MN
Elizabeth Sibet answered:
Owner occuppied Vs. investor
Hopefully you had your question answered by now, but if not Fannie Mae has changed their policy. It used to be that any person buying a house as an owner occupant could NOT have their n ... more
0 votes Share Flag Sun Nov 18, 2012 Home Buying in Waukesha
Linda S. Cef…, Real Estate Pro in Franklin, WI
Linda S. Cefalu answered:
Looking for details on 2401 Summit ave home and asking price
This listing has expired, but I can send you the specifics if you contact me.
0 votes Share Flag Fri Jun 1, 2012 Foreclosure in Waukesha
Eric D. Lenz, Real Estate Pro in Wisconsin
Eric D. Lenz answered:
What is the difference between asking price ans selling price in housing market in Waukesha, wi?
That is a broad question. Are you asking about the last month, year, or? Are you asking about single families or condos? Are you asking about $300,000-$400,000 price range or? What, re ... more
0 votes Share Flag Sat Apr 21, 2012 Market Conditions in Waukesha
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I need a realtor to research comps on my home...who can i contact in SEWI to assist with this - I was told there is no charge for a comps list?
Yes, comps are generally free of charges; consider inviting a few local agents from different realty companies and ask for a cma, comparative market analysis; review the data, ask for o ... more
0 votes Share Flag Mon Oct 22, 2012 In My Neighborhood in 53188
Winniepooh, Home Buyer in 53188
Winniepooh answered:
who should pay for pending special assessments for a condo? Seller did not disclose on the condition report but condo docs document list it
typing error ...i twas supposed to read "seller was NOT forthcoming"
0 votes Share Flag Mon Dec 13, 2010 Home Buying in 53188
Heather Jard…, Real Estate Pro in Madison, WI
Heather Jarden answered:
What are 3 or 4 design features or elements buyers are looking for in newer homes these days?
Don’t skimp on the master bath. Not a master shower, a master bath. Unreal how many builders I have heard tell me that they do not think a master bath is high on demand. They cou ... more
0 votes Share Flag Tue Jun 22, 2010 Home Buying in Waukesha
Jeff Gramins, Real Estate Pro in 53188
Jeff Gramins answered:
can i back out of a real estate contract of sellr accepted offer. no contingency problems either
Yes, you can. But if all contingencies have been cleared - inspection, testing, appraisal and loan commitment - you will most likely require an attorney.

The possibilities are:

1 ... more
0 votes Share Flag Thu Mar 25, 2010 Home Buying in 53188
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
are a mortgage holder's foreclosure costs tax deductible?
To clarify, if you hold a mortgage on say Mr Smith, and you foreclose on them, yes the cost of foreclosure on Mr Smith can be deducted from the income you earned from the property. you ... more
0 votes Share Flag Wed Jan 6, 2010 Foreclosure in 53188
Karen Wenzel,…, Real Estate Pro in Milwaukee County, WI
Karen Wenzel, e-PRO answered:
Is the bank bound by our Short Sale contract after we (the buyers) receive their approval letter?
Jenjen,
I do sympathize with your frustration. As I'm sure other agents will say- the rules on Short sales are constantly changing... as the lenders each have their own "rules". I w ... more
0 votes Share Flag Sun Aug 9, 2009 Home Buying in 53188
Kathi Panor, Real Estate Pro in Wisconsin Rapids, WI
Kathi Panor answered:
Have real estate prices dropped 5% in Wisconsin over the last year?
What area in Wisconsin are you asking about.....in some counties, prices have actually risen!
0 votes Share Flag Tue Jun 8, 2010 Market Conditions in 53189
Cameron Piper, Real Estate Pro in Minnesota
Cameron Piper answered:
Mom has dementia, finalizing Title 19, have no backup on Inverness, FL lots owned and sold yrs ago. HELP
Call the county recorders office for Iverness, FL and they should be able to tell you the name and date of the last sale. At the very least they should be able to tell you if they make ... more
0 votes Share Flag Fri Sep 19, 2008 Quality of Life in Waukesha, WI
Jeff Gramins, Real Estate Pro in 53188
Jeff Gramins answered:
newlyweds interested in buying on a lake in the greater waukesha area. where is biggest bang for buck?
Hi Tim,

Right now I would say that if you wanted to be right on the lake, you could take a look at Little Muskego, I know of one in particular that is an excellent buy. If you would ... more
0 votes Share Flag Tue Jun 15, 2010 Home Buying in Waukesha
Cameron Piper, Real Estate Pro in Minnesota
Cameron Piper answered:
Contigency for garage addition
Robert,

You can condition an offer on just about anything. In this case it would be a reasonable request to have the seller provide you something in writing from the city ("seller s ... more
0 votes Share Flag Fri Jun 13, 2008 Home Buying in Waukesha, WI
Karen Wenzel,…, Real Estate Pro in Milwaukee County, WI
Karen Wenzel, e-PRO answered:
How would you recommend screening Realtors from a Buyer's Perspective? Different requirements than a seller
Alot of the same skill levels would be necessary, There are still agents that I know that are more comfortable working on the Listing-side rather than Buyers.

Most likely you will ... more
0 votes Share Flag Fri Nov 1, 2013 Home Buying in Waukesha
Karen Wenzel,…, Real Estate Pro in Milwaukee County, WI
Karen Wenzel, e-PRO answered:
Finding home rentals near the Waukesha Area is like pulling teeth. Was interested in a home rental since I'm
I'm sorry that there seems to be lack of home rental services here in Milwaukee/Waukesha County area. As a lifetime resident, my observation is that most "homes" are owner occupied. W ... more
0 votes Share Flag Tue Apr 8, 2008 Tech Tips in Waukesha, WI
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