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Home Buying in Oshkosh : Real Estate Advice

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  • Local Info4
  • Home Buying16
  • Home Selling6
  • Market Conditions3

Activity 27
Sun Mar 26, 2017
Billbowman62 asked:
Fri Feb 27, 2015
Rich Moen answered:
currently available from $115,000 (668 SF) to $1,250,000(7,800 SF)!
Recent sales from $220,000 to $950,000.

Would you like more specific information?
0 votes 1 answer Share Flag
Fri Nov 28, 2014
Eulonda Martin answered:
Real estate agents have access to search option on the MLS that you could possibly benefit from.
If your credit has been blemished lease with option to purchase is a possibility. If you are looking for a lease with option to purchase with out a real estate agent you might want to consider looking for (signs) such as: Owner financing, rent to own and for sale by owner. ... more
0 votes 1 answer Share Flag
Fri Oct 31, 2014
Sheri Knepel answered:
Hi Rich...feel free to contact me and I would be happy to meet with you and discuss the pros and cons of owning vs. renting and also chat about the process of purchasing a home. My phone number is 920-420-5279. ... more
0 votes 2 answers Share Flag
Wed Apr 23, 2014
jane_greenberg answered:
Lenders usually want proof that there is sufficient amount to cover the debt and that the money is actually legitimate and not from any shady business. It is for the benefit of both parties. Other lenders are satisfied with proof of funds letter. If you want consult a financing firm or institution.
Or check sites like BestPOF.com to see how to properly set up your proof of funds. Best of luck and I hope this helps you. Cheers
... more
0 votes 3 answers Share Flag
Sat Jan 11, 2014
Nan Brennan answered:
Jennifer, great question there are a lot of great programs out there when is with Winnebago County if you'd like to contact me I can share more more information with you and I specialize in first time home buyers. Nan Brennan c21 First Appleton ... more
0 votes 1 answer Share Flag
Tue Dec 3, 2013
Shellie Mathe answered:
WOW - that is a loaded question. There are many different companies that offer a variety of real estate services. You need to shop for the one that provides the services you need at a price comfortable to you. Having said that, you should shop for a real estate company the same way you shop for any item, talk to the company, ask for references from past customers, ask friends & family about their experiences and don't believe everything you see in an ad. Ask direct questions, expect direct answers.

Having said that, I have to tell you that getting into MLS means that your property is available to all the agents in the MLS. It does not mean that they are going to work diligently to sell it for you. You need to be competitive in the pricing of you home and the compensation you are offering the agent if you want them to promote you home.
... more
0 votes 1 answer Share Flag
Tue Dec 3, 2013
Shellie Mathe answered:
While some short sales move along in a timely manner (45 - 60 days) most take much longer. To understand why this happens you need first to understand a short sale. A short sale happens when someone owes more on the property than they are receiving in the sale. This does not always mean the buyer got a good deal, only that the bank gave a loan for more than the current market will return. Many times when you request a short sale there are several layers of approval necessary before a lender can agree to "write the shortage off". (and, yes I know that sometimes they put a lien against the seller for the shortage). Before they can approve the short sale a lender may need approvals from the investor who bought the loan, the Private Mortgage Insurance company in addition to their own management. To get this approval they my need to prove why they should take less than they are entitled. This probably involves a financial statements from the sellers showing they are not capable of paying the shortage, an appraisal showing that the property is really not worth more and a preliminary closing statement showing who gets a part of the money from the sale. If there is a second mortgage the same process could exist there also. These things take time - sometimes a lot of time. While I do not want to discourage you from buying the home you desire, I do want you to go into the process with realistic expectations. Short sales can take a long time - 3 months, 6 months, 9 months are not uncommon. And some of them never get approved. The seller is asking the bank to take less money that they are owed - banks are very reluctant to do that. Each sale is different. To avoid frustrations later ask a lot of questions, pick an agent that is very familiar with the short sale process and then allow enough time for the approvals to get done. ... more
0 votes 7 answers Share Flag
Thu Mar 7, 2013
darlene.banks answered:
have home owner insurance due 3-8-2013 EST paid online 3-7-2013 at 7;34 will payment be accepted
0 votes 4 answers Share Flag
Sun Feb 17, 2013
Nan Brennan answered:
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 1 answer Share Flag
Sat Feb 16, 2013
Gary Haffeman answered:
A short sale (SSO). may take a month or many months. There is no rule of thumb. What seems so logical to you and me, is not so with banks handling SS. If you have the time to wait, they are usually worth the time. ... more
0 votes 6 answers Share Flag
Sat Feb 16, 2013
Gary Haffeman answered:
Have your agent extend the closing date if you still want to keep it under contract.
0 votes 6 answers Share Flag
Sat Feb 16, 2013
Gary Haffeman answered:
Lake Winnebago frontage is about $ 2200/ ft.. The frontage on Lake Butte des Morts maybe a bit higher I.e. $2500/ ft..
0 votes 1 answer Share Flag
Sat Feb 16, 2013
Gary Haffeman answered:
Lake Winnebago homes have taken a hit in the last 5 yrs, but are now rebounding. Lots are still averaging $2500/ft.. Butte des Morts, south shore is still very desirable.
The more dated the home is, is the biggest drawback.
I have seen some good buys around $350K-550K.
... more
0 votes 2 answers Share Flag
Tue Nov 20, 2012
LeeAnna Greider answered:
Samatha sorry to hear about your dilemma. First of all I would ask your lender why it was just summited last Tuesday. You should have communcation with both your Realtor and your lender. I do know that USDA Rural seems to take longer getting the loans than other programs. You said your orginial close date was November 9th, so when was your offer accepted and what was your loan commitment date? Your Realtor and your lender should go over that with you. We had a deal over a month ago with USDA Rural and we closed a week late because they needed more information before closing. I love to know how it turns our for you. ... more
0 votes 4 answers Share Flag
Wed Oct 17, 2012
Patty Wohlt answered:
PER TRULIA:
Thank you for contacting Trulia. We reviewed your listing and it is being syndicated to us through ListHub. Unfortunately, we cannot make updates to show if the listing has a basement or crawl space. ... more
0 votes 3 answers Share Flag
Sat Aug 4, 2012
Sheri Knepel answered:
So, how did this turn out for you? Were you able to get out of the transaction and have your earnest money returned?
0 votes 2 answers Share Flag
Fri Mar 4, 2011
Christopher Lefebvre answered:
In my experience, lease option homes are difficult to find (at least in my area). There are not too many of them advertised. One thing you could try is to find homes that are on the market for sale and also on the market as a rental and then ask the seller if they would be interested in a lease option. ... more
1 vote 5 answers Share Flag
Mon Nov 29, 2010
Allen Deaver answered:
Contact the Agent and their Broker. If that does not get results contact your real estate board.
0 votes 7 answers Share Flag
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