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Home Buying in 54313 : Real Estate Advice

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  • Home Buying3
  • Home Selling2
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Activity 25
Tue Sep 22, 2015
Nan Brennan answered:
Hi Sarah,
One question, do you have a down payment? The larger the down payment the more likely you will be able to find someone to do a rent to own.
0 votes 8 answers Share Flag
Wed Jul 24, 2013
Dianne Andrews answered:
You should look at a lot of homes and start asking questions about how old is this , that, pest report, look at the general condition of homes, and evaluate each home and its price, like on an excel spread sheet. You will eventually find that you can pinpoint which top 3 homes provide you the most value. Once you have narrowed it down to the house you like, ACT FAST, aggressively, then order a home inspection report, this will tell you everything wrong about the property, and a pest report if the house does not have one already. If there is significant work to be done, get estimates from contractors , then you should try to negotiate the price down, or have the seller get the work done, preferably you do the work, so there is no problem of quality of work done. Information is power, go compare houses! ... more
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Sun Mar 31, 2013
Nan Brennan answered:
Condo fees are $218 mo. If you would like me to send you the full MLS sheet feel free to send me an email.
Nan
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Wed Jan 23, 2013
Marina Solo asked:
Intead buying first home, buy a DUPLEX w/3.5% down, FHA. 2 yrs later, buy a 1st home. Collect $900/mo CF f/duplex, pay for yr house ($900/mo approx will cover $120k loan)
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Mon Jan 21, 2013
Shane Renard answered:
Any finance institute is going to look at credit score. To purchase a home you need a 680. He will have to get a loan to cover the majority of this land contract.
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Fri Feb 22, 2013
Dan Simon answered:
Erik,
This would be a good question for a local Realtor. The contract should allow for an inspection period. A good "buyer's agent" should be able to add a contingency to the contract that would protect you and let you retain your earnest money deposit if the inspection results are not to your complete satisfaction. The only out of pocket expense you would incur would be the cost of the home inspection. ... more
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Mon Jan 21, 2013
Maria Gilda Racelis answered:
The drawback I can see from waiting is losing out on the historical low interest rate. Who knows what the interest rate would be next year. Right now it is below 4 percent- usually for creditworthy mortgage applicants.

Will it be the same next year? Who knows? The next favorable condition is that the prices of the houses have not spiked yet. Will it be higher next year? Maybe, as we are seeing inventories getting low.

Best of Luck.
... more
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Fri May 31, 2013
Shane Renard answered:
Did you find a rental yet? My investors have many for rent. Mostly homes.
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Wed Aug 29, 2012
Ron Thomas answered:
A Property's WORTH is temporarily determined when someone spends their money to buy it:
At that moment in time; the TRUE WORTH is set.

In the absence of a SALE; we use an Appraisal to determine Market Value.

In the Absence of an Appraisal; we use a CMA, (comparative market analysis) to determine value.

I hope that answers your question.
... more
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Thu Jun 28, 2012
Bennett Notz answered:
Are you questioning the financing of the condo or suggestions on where and what's available. I a friend of mine has a nice condo listed on alpine drive, which is direct access to the highway and 5 minutes from UWGB. ... more
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Mon Jan 21, 2013
Tim Page answered:
If you are working with your Realtor, you’ll want to ask her/him to review all sales within ½ mile from city homes, 1 mile from suburban and 5 miles for homes on larger lots and/or country homes.
Look at listings, closed sales and pending sales.

Place most of the emphases on the closed sales that are most like the property you would like to buy. If you are not using a Realtor, hire an appraiser to complete an appraisal.

If you understand how to select comparable sales, ask a realtor to provide all comps in the area. Many of them will do this for you at no cost. Some may charge a small fee, but it will be worth it.

My website will teach you how to select comparable sales and what to look for when buying.
... more
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Thu May 30, 2013
Brian Rayl answered:
I am not in the GB/NE area, but if you are interested in doing the same thing in the Dallas area, I would love to talk to you.

It's more than real estate. it's RAYL-Estate!

Brian Rayl
Keller Williams Elite - Dallas, TX
972-949-4222
Brian@Rayl-Estate.com
http://BrianRayl.com
... more
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Mon May 5, 2014
Anna M Brocco answered:
Much will depend on just how poor your credit is, and your overall finances--therefore do consider visiting with any qualified loan officer(s) first; after reviewing your overall financial information, your loan officer can make a determination on qualification--the type of loan, how much, necessary downpayment, etc.; if for some reason you don't yet qualify, your loan officer may offer great suggestions as to what needs to be done in order to qualify in the near future. ... more
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Tue Nov 23, 2010
Patrick Thies answered:
A buyers agents job is to get the best deal for the buyer. Many agents thrive on getting that best deal.

An agent does get a percentage of the final sale price, however, the difference in sale price would have to be quite a bit to make a large difference in the commission the agent will receive. An agent could save you tens of thousands in sale price and it would only be a few hundred dollars to the agent. ... more
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Thu Apr 1, 2010
Nan Brennan answered:
Jules
Anything is possible with a short sale. It seems you are having some concerns or issues with your real estate transaction. I would highly suggest you consult either a real estate agent who specializes in short sales in Green Bay or a real estate atty. If you already are working with a realtor, I would suggest talking with them regarding your concerns. Each bank involved in a short sale does things differently and no one short sale is alike.
Nan Brennan
Century 21 First Realty
Appleton
... more
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Tue Oct 28, 2014
Nan Brennan answered:
Contact Bob Lynett with Professional Inpections out of DePere 920-544-1541 I have used him before and he does a great job. Good luck

Nan Brennan
Century 21 First Realty
0 votes 6 answers Share Flag
Sun Mar 21, 2010
Dianne Hicks answered:
Jules
Chances are no matter what a Realtor is going to get paid. Why would you not one that has your best interest in the process. A Realtor representing seller is obligated to represent the seller and their best interest.

Good Luck!!!
... more
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Tue Jun 20, 2017
Debi Prosek answered:
The area median income (AMI) is a statistic generated by the U.S. Department of Housing and Urban Development (HUD) for purposes of determining the eligibility of applicants for certain federal housing programs. HUD determines AMI on an annual basis for each metropolitan area and non-metropolitan county, making adjustments for household size and other factors. Different housing programs use different percentages of AMI – such as 30 percent of AMI or 80 percent of AMI – as maximum income limits for admission. Many state and localities have adopted HUD’s income limits for their own programs, or use a variation on the HUD limits – for example, 120 percent of AMI.

Click on the link below for more details from HUD.
... more
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Mon Nov 30, 2009
Mark Niedziejko answered:
If you haven't entered into a Buyer Agency agreement you should be okay. You may want to have your Realtor talk with the FSBO to see if they are willing to pay a Buyer's Agent fee. I have worked with buyer's in the past that purchased a FSBO home and we were able to work something out with them. The FSBO may be willing to pay a smaller fee than if they had listed with a Realtor in order to sell the home. With a tighter market sellers may be more flexible.

Good luck!
... more
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