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Home Buying in Neenah : Real Estate Advice

  • All27
  • Local Info2
  • Home Buying4
  • Home Selling2
  • Market Conditions0

Activity 9
Thu Dec 31, 2015
Sally Grenier answered:
Hard to say. No savings is a bit of a problem because buying (and maintaining) a home does cost money. Typically you need at least 3-3.5% down, plus money for closing costs, inspection, appraisal, etc. There may be down payment assistance programs in your area. And you may be able to negotiate and get the seller to pay your closing costs. But inspection ($300-400) and appraisal ($400-500) is your expense.

You need to sit down with a local lender who can review all of your information. The lender is going to look at credit scores, job/income history, debt to income ratios, etc.

I'm a huge advocate of home ownership; however, I worry about people wanting to buy who have no money. Besides the cost to buy, there is additional financial responsibility in owning and maintaining a home. You no longer can call the landlord when the furnace goes out or your pipes freeze.

If owning a home is your goal, then make it happen! Good luck and Happy New Year!
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Mon Aug 17, 2015
Amanda Lauer answered:
Yes, it is DEFINATELY OK to have more than one Realtor come through your property. In fact, you should always have 2 or 3 Realtors come in and do an evaluation on your property. Realtors know that they are up against competition and they should be doing their best to give you accurate information about the market, a presentation regarding their marketing plan and experience that will help you sell your home. When you have agents come through, don't be afraid to ask the tough questions. If they don't know the answers, it may be time to branch out. Ask them WHY you should pick them? What are they going to be doing to sell your home? What is their marketing plan, and what have their results been? I hope that you find a GREAT Realtor to help you. Feel free to us to sell you home. We are THE HOME TEAM, at Coldwell Banker The Real Estate Group, Inc.. (920) 766-HOME (4663). ... more
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Tue Oct 7, 2014
Dan Tabit answered:
A great local agent can provide this for you. Repossessed homes, also known as REO's (real estate owned) are typically listed by a local agent and can be found on most search sites. Pre-foreclosures that are heading toward auction, are not listed for sale and require cash, have no preview period, don't allow inspections or allow any type of contingency. These homes are either snapped up by investors who have years of experience or get no acceptable bids and eventually become REO's.
One last thing, not all foreclosures are good deals. Some are money pits, some are in need of moderate repairs and others require major. In the worst case, some need to be demolished. Buying at an auction for anyone but the most experienced buyer/investor is real estate speculation. Be very cautious if you go down this track and get all the professional guidance you can.
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Wed Aug 13, 2014
eudora4469 asked:
Thu May 1, 2014
Denza44 answered:
They wont show the inside of the house because the interior is probably in rough shape.
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Thu Jan 9, 2014
Stacey Hennessey answered:
It will really depend on what you put into your home (such as tile flooring vs. vinyl, if you would like granite counter tops vs. the traditional Formica, etc.....). Do you already have a lot? Typically you could plan for something between $98-125 per square foot. If you want to contact me directly I can put you in touch with a few builders and we can talk more about your budget, etc. ... more
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Tue Mar 6, 2012
Duane Murphy answered:
That home is not currently for sale. It last sold 03/27/2009 for $415,000.00. If you have any further questions please give me a call or send me an email.
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Wed Apr 9, 2008
Erica Zimmermann answered:
There are many reasons to buy a home. It is always a great investment, but should not be looked at as a way to make a quick buck. Real estate is a long term investment in your future. Interest rates are great right now. You could wait and end up with a higher rate. If the rate drops enough you can always refiance. Check with a lender in your area to see what type of loan you qualify for and what your rate would be. That is the best place to start. ... more
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