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Menomonee Falls : Real Estate Advice

  • All22
  • Local Info3
  • Home Buying10
  • Home Selling1
  • Market Conditions1

Activity 24
Mon Jun 26, 2017
Rwill10282 asked:
Greg Rechlin is supposed to own it , his son says that he owns it
0 votes 0 Answers Share Flag
Fri Apr 28, 2017
Erinkegel asked:
Sun May 22, 2016
Jason asked:
What qualifies as a defect if u have a home sale contingine?
0 votes 0 Answers Share Flag
Mon Apr 4, 2016
Alan May answered:
Not an attorney, so this isn't legal advice.

No... you cannot fire your agent, now that they've brought you a buyer. But you do have the right to simply respond with a resounding 'no', when the buyer asks for you to pay more than you want to for repairs, or 'whatever the buyer wants'.

If you want to contact the buyer on your own, I suppose you could do that (no rules against it), but you will still owe your real estate agent/agency the commission that you signed for on your exclusive marketing agreement.

Yes, the buyer has their own agent... that's the way it normally works. The buyer found your home and photos online, and scheduled a showing through the efforts of your agent.
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0 votes 2 answers Share Flag
Thu Jul 31, 2014
Based on what you presented you will have a variety of lending options. If you would like to explore let me know.
0 votes 3 answers Share Flag
Sat Mar 1, 2014
pegpalmer.msw asked:
This question was asked from
0 votes 0 Answers Share Flag
Thu Jan 30, 2014
Mark Person, MBA answered:
Carpeting or floor covering does depend on which group of buyer you are trying to attract. If you have a home that needs many updates it your biggest source of interest will be thru investors and you can expecta lower sales price compared to similar but updated homes. If you are looking to attract turn key (move in ready) home buyers it will be worth the investment to install a neutral color carpeting to Marley type home to the best audience. ... more
0 votes 7 answers Share Flag
Thu Jan 30, 2014
Mark Person, MBA answered:
You can judge a full time Realtor by their response time from your initial or subsequent questions. If your questions aren't answered in a timely matter which should be addressed at initial consultation ask a friend, coworker, or call the managing Broker from the office you wish to work through for a referral ... more
0 votes 28 answers Share Flag
Fri Jun 28, 2013
Steve Parsons answered:
According to Google, the closest grocery store is Woodman's Food Market located at W124N8145 Wisconsin 145, Menomonee Falls, WI. 0.4 miles E. The property you are looking at, however, is not currently listed for sale. ... more
0 votes 1 answer Share Flag
Fri Apr 12, 2013
Kris Plechaty answered:
Hello Mandems Mom,

Yes, this home changed hands in 6/2012 to FNMA (or Fannie Mae). The home had been listed prior to that, but the listing expired 8/30/2011. It does look like a very nice home, and I'm guessing will pop up on the market maybe sometime this year. Foreclosed homes are being slowly released into the market...the best thing is align yourself with a local agent who can set you up on an automatic portal search...that way any new homes will automatically be e-mailed to you (traditional sales and foreclosed properties).

Let me know if I can help...I work and live in the area, and would be happy to help set this up for you, or assist you in finding a comparable home in the Richfield/Colgate area.

You can click on the blue contact link below my name to reach me!

Best of Luck,

Kris Plechaty - First Weber Group Realtors
Direct: 262-345-3233
... more
0 votes 2 answers Share Flag
Fri Apr 12, 2013
Mandems Mom answered:
Well, we didn't get the house so the easement is no longer a concern! Thanks for the info though!
0 votes 8 answers Share Flag
Wed Mar 13, 2013
Kris Plechaty answered:
Hi Sawah3,

Not only are banks not doing interest only loans, it's just a bad idea. With this type of loan, you are only paying the interest, and not paying down any of the principal...this is a good way to get into financial trouble.

Work with a reputable lender, one that can provide you with information so that you can find a loan program that will work for you!

If you'd like to contact me, or discuss any of this further, please click on the blue "contact me" link underneath my name!

Good Luck,

Kris Plechaty @ First Weber Group Realtors
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0 votes 2 answers Share Flag
Mon Jun 18, 2012
Ron Thomas answered:
Understand that a Shortsale is usually, not that much better than buying an REO:

Three big diff's;
You probably will not be competing with multiple offers
You will be waiting a long, long time for acceptance
You will be helping an unfortunate family.

Please contact a Realtor to help you; the Banks insist on it.
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0 votes 3 answers Share Flag
Thu Mar 17, 2011
Dennis Herman answered:
Gary, I have a web page wet up for such requests. Receive free marketing information for your neighborhood.
If Milwaukee employees are allowed to move to the suburbs, I think we may actually see some prices go up in Menomonee Falls. I have one listing and three buyers looking in Menomonee Falls. The really good deals are gone in a matter of days. Sales have increased during the last warm up, but have leveled off for the past 2 weeks. Let me know if you want information on your market emailed to you. I also have a page where I list all the sold units in Menomonee Falls over the past few months. ... more
0 votes 5 answers Share Flag
Thu Dec 23, 2010
Laurie Ansorge-vz answered:
Did you get an offer in on your foreclosure yet? I'm in the Menomonee Falls area, please let me know if I can be of assistance!
Laurie Ansorge-VZ First Weber Realtors 414-732-7321
0 votes 9 answers Share Flag
Mon Jan 18, 2010
Dennis Herman answered:

Seems as if you received enough information to become more confused.

The price can vary. One agent answered with a list which pretty much covers the costs involved. My guess is he used an estimate of proceeds list. If you are interviewing agents make sure they estimate all the costs involved in selling your property. One agent stated they could not give you an answer because that would be providing legal advise. My training insists I provide a list of costs before presenting an Listing Contract. To me providing open and honest information is the standard method of doing business. It does not matter if I am buying groceries, a car, an appliance or a home. We have to remember we are in the service industry and the public should demand the highest quality of service we are able to provide.

Remember one more detail. Commissions are negotiable.
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0 votes 11 answers Share Flag
Wed Dec 30, 2009
Pat Bolger answered:
Yes, Infinity those loans do still exist. I would be happy to email you 2 Mortgage Bankers who I've been very pleased with. One of them just established a program for people just like you. I just closed a deal with them last week and they were awesome. ... more
0 votes 5 answers Share Flag
Thu Dec 10, 2009
Tom Graves answered:
The real key to getting a loan is your credit score. FHA loans are available with as little as 3.5% down or conventional loans with as little as 5% down. Interest rates are still very favorable. Contact me for a list of these lenders in the Milwaukee area. ... more
0 votes 3 answers Share Flag
Thu Dec 10, 2009
Harold Arnold answered:
In Illinois, buyers have a great advantage, they can have an agent represent them and the buyer pays nothing. The seller pays all realtors in accordance to the listing contract and the amount of the transaction.

The benefits of using a buyer agent are very important, necessary and complex.

Here are a few examples based on experience: 1. Looks out for the interest of the buyer 2. Negotiates pricing, incentives and conditions (i.e. Home Warranties, pricing, closing dates, mediator between buyer and seller, various items within the contract/ appliances-equipment-fixtures-painting-closing costs etc.). Over the years, I have had to call lawyers who played phone tag on the phone, had to push lenders to get an answer about the approval of the loan, pickup transfer stamps that were not at the closing, produce documents that were lost or misplaced so the loan could close. And most of all, the production of the latest comps that assists buyers with pricing that will allow for the buyer to obtain an appreciable property.
... more
0 votes 6 answers Share Flag
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