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Brookfield : Real Estate Advice

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Activity 37
Fri Aug 26, 2016
Susan Koutsios asked:
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This question was asked from this property: http://www.trulia.com/foreclosure/3207716897-3320-Anders-Ln-Brookfield-WI-53005
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Mon Nov 23, 2015
Ssndavis48 answered:
Mon Jun 30, 2014
Alan May answered:
Your agent will have access to the MLS, and they can tell you exactly how long the property has been listed, and whether it's been cloned (relisted) from before.
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Sat May 31, 2014
Michelle Yoo answered:
For anyone else reading this thread/argument: Trulia has some limitations, but my clients have used the site with great effectiveness. The main issue we've encountered is that it is simply not up to date compared to the MLS. But otherwise, I've never heard of any serious complaints. ... more
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Sat May 31, 2014
Michelle Yoo answered:
For anyone who wants a more current answer:

1) Trulia and Zillow have reaped dividends for my team.

2) And truly, leads by referral. This is based off of keeping in touch with a structured drip campaign and of course doing actual good work for your clients. ... more
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Sat May 31, 2014
Michelle Yoo answered:
Hi Christina,
To put a different spin on it as well, my husband grew up in Brookfield and he said that Elm Grove was definitely the more secluded or sheltered community. So while, yes, there might be a certain gravitas to living there, he said that living right in Brookfield was actually extremely enjoyable. And it's just growing bigger every year. If you like some hustle and bustle in a city, but also some tranquility, Brookfield might be a good bet. The population swells during the day, but once all the visitors and commuters are gone, Brookfield gets much quieter and peaceful at night. ... more
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Sat May 31, 2014
Michelle Yoo answered:
As a rental property owner, I've had to deal with 5 day notices as well. It isn't necessarily a death knell. Many times, all that is needed is for the tenant to pay the rent up to current. I hope this helps. ... more
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Tue Feb 4, 2014
Jeff Moglia answered:
Melissa, The term "bump clause" generally refers to an offer that has a contingency which may allow a secondary offer to Bump the first offer out and place a secondary offer into a primary position. The most common contingency would be a home sale contingency. If the secondary offer does not have the same contingency, it's possible that the seller would serve notice to the primary offer that a secondary offer has been accepted. If the primary offer does not remove that contingency within the time frame permitted in the primary offer, the secondary offer would be moved into the primary position. ... more
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Sun Jan 19, 2014
Cindy Lawrence Antonia answered:
Include that contingency in the offer. When you are buying with cash, you will have to hire your own appraiser - if you have other questions or concerns, I'd be happy to help - Good luck on your home buying ... more
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Tue Sep 17, 2013
Dan Grunwaldt answered:
Well priced homes typically sell for within about 3% of list price. If it's had reasonable exposure to the market and buyers are not making offers, it suggests they are saying the price should come down or the property should be improved to entice them to make an offer. 3% would be a bare minimum, 5% or 10% would be better. As Annette mentions, pricing a property below the market often causes bidding that just pushes it back up. ... more
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Thu Jul 25, 2013
Self Employed Mortgage Loans answered:
Everyday we speak to self-employed people here in California that are successful and have good credit but are routinely turned down by banks and brokers when applying for a loan to purchase or refinance their home.

The typical problem that self employed people run into is that they write off business expenses on their income taxes each year. It's a catch 22. If you write off most or all of your businesses expenses, it appears to a mortgage lender that your yearly net income isn't sufficient. On the other hand, if you do not claim many write offs for expenses, you immediately set yourself up for paying higher income taxes.

However, that no longer has to be an issue in your search for a home loan. We can now help locate specialized loan products tailor-made for self employed and high net asset clientele in California only.

We have access to new mortgage options such as:

1. 12 months of business or personal bank statements

2. 1 year tax returns (no more 2 year averaging)

3. Substantial assets

4. No income ratio for loans under 50% LTV

In the past, a majority of self employed people would simply seek out a stated loan in order to purchase or refinance property. After the housing and mortgage meltdown, many of these loan programs simply disappeared. Lenders soon became more stringent with their lending guidelines and it became subsequently harder for people who owned their own businesses to qualify for financing. Now that the real estate market is making its way back, a small number of lenders are now expanding their guidelines to become more attractive to certain buyers who have been neglected.

Give us a call at 800-598-9790 or visit http://www.selfemployedmortgageloans.com for more details.
... more
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Sat Jun 1, 2013
Cats answered:
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Mon Mar 4, 2013
Yehuda Elmakias answered:
Fri Dec 21, 2012
Patrick Cotter answered:
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 causing too many condo's in one project to be for sale. ... more
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Thu Jul 5, 2012
Eric D Lenz answered:
Assessed value is the assessors opinion of the value of the property on January 1 of this year. It is based on sales information from last year. Therefore, it is not current. Also, it is very general. The assessor probably has not been inside the house lately, if ever. Therefore, there is no reliable relationship between market and assessed value when values are changing rapidly. ... more
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Mon Jul 4, 2011
Christina Moscinski answered:
These old questions should be deleted people!
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Wed Apr 20, 2011
Dave Vargo answered:
Hello Freemoney....

Thanks for your inquiry. As has been indicated by the responses of my fellow realtors, You will have the opportunity to find a comparable home to yours in our area. In our area you are likely looking at a price range of $200,000-$350,000 depending on what community you choose. The average values coming in around $225-250K. Property Taxes will range around $3500-$4500 depending again on the community. Not sure where you live in Utah but I think our Property Taxes are higher here. ... more
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Wed Apr 20, 2011
Dave Vargo answered:
Hi Kris....

Kudos to my fellow realtors that have responded to your questions so thoroughly and quickly.

There will be homes for you in the price range you are looking for and with a minimum 3/4 bedroom, 2 baths and a 2 car garage. I happen to have a Great Ranch home listed at 2965 N. 124th Street in Brookfield for an investment of $195,000. The Multiple Listing # is 1188413. Nothing to do with this home other than move in. Elmbrook Schools as well. My office is located in Brookfield and we are very active in Listing Many Properties in Brookfield.

Also Alabama is a great state. My parents live in Lillian,Al that is just on the other side of the bridge from Pensacola,FL.
... more
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