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Home Buying in 53717 : Real Estate Advice

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  • Home Buying4
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Activity 81
Wed Apr 30, 2014
Alex Saloutos answered:
I lived on Odana Road for about 15 years and didn't have any problem with the noise. With issues like this it is best to visit the property and see for yourself. What may be an issue for one person may not be an issue for another person, so I would not base your purchase decision on the opinion of others. With sound, when you're in a actually in a home your awareness of noise outside the home may be a lot different than what you might think it will sound like. Visit the property at key times and see for yourself. Then you can make an informed decision. ... more
0 votes 5 answers Share Flag
Sat Jan 18, 2014
Eric D Lenz answered:
If you have enough equity in the land, that can be your down payment. Good luck!
0 votes 4 answers Share Flag
Mon Feb 18, 2013
Judy Braund answered:
Are you the Realtor, friend, neighbor of the owner of the property? If you are the realtor, always be honest. If I was the Buyer, I would want to know. You may have to prove how you know of these defects, are they from reliable sources?. Judy Braund
Keller Williams Crossroads, Madison, WI
... more
0 votes 6 answers Share Flag
Mon Feb 18, 2013
Ruth and Perry Mistry answered:
Regret to hear of your situation.

You are not likely to get sued, but more likely to loose your Earnest
deposit, in the event you have removed all your contingencies.
If you have not done so, then you have a great chance of backing out
of the contract.

You may also want to check with your partner's employer if they can
keep him on the job till you close the deal. As to get a Home Loan you
need to have a Job, to qualify.

Good luck.
... more
0 votes 6 answers Share Flag
Mon Dec 22, 2014
Shanna Rogers answered:
Hi Janelle,

You can always ask the seller to complete the repairs (in writing) but they don't have to. Talk to your Realtor about requesting repairs. If you ask and the seller says 'no', you can do them yourself (if allowed by your lender) or cancel contract. However, if the seller won't do them think really hard if you want a house with safety issues and mold.

Shanna Rogers
SR Realty
... more
0 votes 16 answers Share Flag
Tue Feb 12, 2013
David Mays answered:

Utilities (gas & electric) and water all depend on usage, but if you're one person as opposed to a 5-member family, a good estimate for those would be $150/month. Add in phone, internet and TV and that's probably another $80-$125. The utilities are public so if before you purchase a house, I would check those out. The other items can be bundled to save money but they're still a sizable cost to monthly housing, even if you ditch the landline for cellular ... more
0 votes 4 answers Share Flag
Sun Jan 17, 2016
Rick Lyngaas answered:
Hi Kim: There are units available in Weston Place, some on the resale market and some brand new. What kind of information are you specifically looking for. I am happy to gather whatever you need. Just give me a call at 608-217-4719 ... more
0 votes 10 answers Share Flag
Sat Feb 2, 2013
Karen Berg answered:
If you are looking to purchase a home, the search area for that zip code is "E05". I would be happy to pull up listings and send them via e-mail, if you are interested. Thank you.
0 votes 8 answers Share Flag
Tue Oct 9, 2012
Tom Mikel answered:
While we are all real estate professionals, this is a question that you need to present to your attorney.
0 votes 2 answers Share Flag
Sat Sep 8, 2012
Seth Peterson answered:
In Wisconsin, it is typical that a Buyer does not pay the Buyer's Agent commission. So I don't think you need to work out a contract like you are talking about. Feel free to contact me if you want to discuss buyer agency further. ... more
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Thu Jul 26, 2012
Bill E answered:
What does your Realtor's research indicate?

If you don't have one, this is why you need one. Preferably YOUR realtor is YOUR Realtor and not the Listing Agent.

Sure, the average list-to-sale ratio overall is 95%...but what if the house you *really want* after scouring the marketplace for weeks just underwent a significant price reduction?

Do you want to lose the best house you have been able to find over a relatively small amount of money?
In real life, it doesn't matter what you Offer, it matters what the Seller will accept. They may have a payoff, need a certain amount of equity to buy their next place, a 'bottom line' as it were. If this is the best house for the money, make the best offer you can. The market is efficient...the best values go quickly and for close to list or over. The scratch & dent items take longer to sell and don't command top dollar. You should be able to tell the difference after diligently evaluating all the alternatives available.

Balance how disappointed you will be if someone else buys it with how confident you are that there is another house just as good or better for the same or less money.

If you have done you "Home Work", the answer will be obvious.
... more
0 votes 8 answers Share Flag
Wed Nov 14, 2012
Eric Reusch answered:
Hi Jocelyn, great question. We beak down the Madison market into smaller areas than that, If you give me a little more info on what you really want, I'll send you all the data you need - pardon any syntax errors, on my mobiile Eric Reusch . ... more
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Thu Jul 19, 2012
Matthew Heitmann Team answered:
Dear Ms. Winberry,

There is one home that matches that criteria. Visit the link below for further information. Let me know if I can assist you further!
0 votes 3 answers Share Flag
Tue Feb 12, 2013
Brent Dorner answered:
Hi Jake,

If your asking for a Realtor's opinion we are not allowed to answer such questions. I would contact the local police department and see what they think, ask them how many and what type of calls they get in that neighborhood. I would also drive around the area during different times of the day and different days of the week and feel the place out.

Good Luck,
... more
0 votes 8 answers Share Flag
Wed Mar 6, 2013
Alex Saloutos answered:
There are seven home with four bedrooms currently listed for sale in Dane County that offer a land contract. If you would like me to e-mail you information on these homes, please let me know by calling my cell phone at 608/345-9009 or sending me an e-mail at ... more
0 votes 3 answers Share Flag
Tue Jul 3, 2012
Judy Braund answered:
Hi Amy, The price you offer for a REO home depends on a number of things - the location, quality of the home, size, how long it has been on the market, etc. I like to do a Comparative Market Survey. That gives us homes of similiar size, etc. that are comparable to the REO. That should show you the value when it is in good repair. I don't know if there is any way to determine if the school district will be redirected. A call to the city of Middleton planning and zoning may be a good start.
If you are not working with a Realtor, I would love to work with you and answer all your concerns,
feel free to call or email me. Regards, Judy Braund, Keller Williams, 608-235-0431
... more
0 votes 5 answers Share Flag
Sun Jan 22, 2012
Robert D Hughes answered:
Dreamer, money is what holds it all together. In addition if your deposit is large enough you would be sending a subliminal message to the seller/owner you are a serious, pre-approved and willing buyer. That means a lot to a seller who is also making moving plans. Knowing that unless something unforeseen happens they can count on that transaction closing.

Check with your representative the best way to approach this property. Also writing a personal note/letter to the owner stating how much you want their home, but can not pay their asking price can go a long way dreamer. Sometimes a seller wants to be pleased overall with the next owner of their home. It isn't only money.

Best of luck,

... more
0 votes 1 answer Share Flag
Wed Jan 4, 2012
Marge Tessner answered:
It's a little bit of a mixed bag. In general, though, I would say that living within walking distance of an elementary school is often a good thing. If the next buyer doesn't have, or doesn't like children, then the proximity could be a negative. I have personally worked with clients for whom proximity to an elementary school was a very good thing. Good luck with your purchase.

Marge Tessner
Broker Associate
Ray Kuehl & Assoc. Realty
... more
0 votes 3 answers Share Flag
Wed Jan 4, 2012
Bern McGovern answered:
It shouldn't affect it too much. Yes, it may be a little less desirable then one that's a few blocks away from the elementary school but chances are the way the housing market is now it has no where to go but up. Hope that helps and good luck in your search. ... more
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Wed Dec 11, 2013
Margie Casey answered:
Dear Paul,

Your thoughts make financial sense however the selling agent typically represents the Seller and NOT YOU. The agent in most states is not authorized to conduct themselves as a Dual Agent. Please seek legal advice before you go to contract, especially if you are not represented by a Buyers Agent looking out for your interest.

Good luck,

Margie Casey
... more
0 votes 39 answers Share Flag
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