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Home Buying in Brown County : Real Estate Advice

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Activity 33
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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Mon Jan 28, 2013
Maria Gilda Racelis answered:
Fair Market Value? Home prices are market driven. You have to work with a realtor to give you recommendation with regard to a reasonable offer. Prices are determined by the recent sold similar homes in the area within a certain distance of the subject property.

The tax assessed value does not have any bearing on the current market value of homes. This is a value set by the town for tax purposes only. It is normally a set percentage of the town's appraised value which is not a true representation of the on-going market value of homes.

I wish you the best of luck.
... more
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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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Mon Nov 5, 2012
Ron Thomas answered:
Most Mortage Comanies, Mortgage Brokers, Mortgage Bankers, Banks and Finance Companies work Globally; that is, they can make a loan almost any where, from anywhere.
They can check CREDIT and REFERENCES anywhere.
If you would like to know what you can afford, and how much it will cost you, before you move, you should start the process now.
... 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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Mon Jul 23, 2012
Michael Huffman answered:
If you provide and address, someone can assist you.
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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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Mon Aug 27, 2012
Connie Ballard answered:
Don't know if you're still looking, but search 2202 Samantha St. De Pere or call me at 920-450-4709. Thanks,
Connie
0 votes 1 answer Share Flag
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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Thu Jul 26, 2012
Christopher Lefebvre answered:
If your friend currently has the home listed with an agent, your buyer's agent would most likely be getting a commission split of the listing agent's commission. So if you cut him/her out of the deal all you are doing is putting 100% of the commission into the listing agent's pocket rather than splitting the commission between the two agents. One other thing to consider is whether or not you have a signed contract with your buyer's agent. Buyer's agents work hard for their clients. How would you feel if you were in his/her shoes? ... more
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Sun Apr 11, 2010
Joan Braunschweiger answered:
So, by fair market value do you mean what recent comparables have actually sold for?
How long has the house been on the market?
What is the shape of the home? Does it require any major repair, or just cometic or is it move-in ready?
Do you know how many people will be splitting the proceeds of the sale? Is there any debt, liens that need to be paid off? Financial obligations may affect the ability to negotiate.

As you can see, there are a lot of things to consider, but what it comes down to is what is it worth to you? Get as many facts together as you can and make an educated decision. Just make sure you do it with your eyes wide open.
... 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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