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Home Buying in Menomonee Falls : Real Estate Advice

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

Activity 11
Sun May 22, 2016
Jason asked:
What qualifies as a defect if u have a home sale contingine?
0 votes 0 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
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 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
... more
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.
... more
0 votes 3 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
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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