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Milwaukee : Real Estate Advice

  • All342
  • Local Info35
  • Home Buying127
  • Home Selling26
  • Market Conditions9

Activity 219
Tue Jul 17, 2012
Ron Thomas answered:
You WANT the house!
They NEED the house!!!

Suggest you be reasonable and make some arrangements;
think of giving of yourself to someone who needs help.

Good luck and may God bless ... more
0 votes 6 answers Share Flag
Sun Jul 15, 2012
Ruth and Perry Mistry answered:
Hi Curious71

Yes absolutely, otherwise the landlord can report you in default or on many landlord boards.
This could result in Bad Credit and or other Landlords not wishing to rent to you.

Remember, the landlord maybe able to modify his/her loan, just before foreclosure.

Good luck.
... more
0 votes 2 answers Share Flag
Mon Jul 9, 2012
Mary Bruce answered:
My office will have a two bedroom available August 1. The home will rent $725.00. We may be contact at Homemark Realty (414) 445-4741
0 votes 1 answer Share Flag
Sat Jun 2, 2012
Eric Bahr answered:
If you are in the very convenient areas of the downtown area you can expect to pay $900/month without much included. Good deals on the east side will have at least one parking spot and include at least heat for approximately $1000/month. If you go into the Riverwest neghborhood that is technically "up and coming" in its status as a safe neighborhood(20 years or so ago it was a much higher drug and crime area) you can find excellent rental rates for 2 bedrooms starting around 650 or 700/month. If you want to venture just south of Milwaukee into Bayview(a 10 minute bike ride from the city) you will find a very nice historic community with very affordable rents around 750 or 800/month. The I see you are questioning from Illinois so you know the importance or luxury of having heat included, the rest depends on what you or your customers are looking for in rental amenities. In summary, renting conveniently close to downtown Milwaukee will have you renting around 1000 at the least. When you stretch out to a few neighborhoods, still very close to downtown, you will find approx 650-800/month rental rates. P.S. Suburbs you will find nice amenities and rental rates around 800 with inclusions already. If I can help you anymore, email me at Hope this helps! ... more
0 votes 1 answer Share Flag
Sat Sep 15, 2012
Eric D Lenz answered:
0 votes 6 answers Share Flag
Thu May 31, 2012
Troy Miller answered:
If you are seeking detailed crime information for any specific area or neighborhood your local police department would be able to provide that information. If you are referring to the Midtown area off of W. Capitol (the old Capitol Court mall) then the in information you seek would be available from the Milwaukee Police Dept District 7. They are located on roughly 3600 W. Fond Du Lac, phone of 414-935-7272.

If you are looking for properties in that area or would like detailed information on home values and trends I'd be happy to provide that information!

Troy Miller, ABR, RNG
... more
0 votes 4 answers Share Flag
Mon Dec 24, 2012
Tim Moore answered:
You CAN'T just decide to do a short sale. A bank must agree to it and you can't just decide, "Oh Well, I'll screw the bank and they will go along with it because it's all about me". It does not work that way although I am sure many short sale listings are just that, a wish by the home owner to make it go away at the banks expense. You better do some real investigation about what you are planning or you are going to really be in a deep hole. You better look up deficiency state and find out if WI is one or not, if it is the bank can come after you for the money they lose in a short sale. ... more
0 votes 5 answers Share Flag
Sun Jun 23, 2013
Debby Thompson answered:
Your lender should work with you to do a short sale because you have taken a job in an other state. Speak with your bank. You will need to get some information together for them. Hardship letter, 2 months bank statements, 2 weeks pay stubs, 2 year tax returns signed. I would like to help you. Give me a call at 414-403-0657.
Debby Homestead realty Inc. Milwaukee
... more
0 votes 9 answers Share Flag
Wed May 30, 2012
allan erps,ABR,SFR answered:
Find an acceptable FHA approved development and you can obtain a Mortgage with as little as 3-3 1/2% down.
0 votes 6 answers Share Flag
Sat May 10, 2014
Ron Thomas answered:
Your Lender may require anything that want:
You may refuse,
You may get another Lender,
The Bank is just protecting you and themselves.

Was the house built before 1978?
0 votes 8 answers Share Flag
Thu May 31, 2012
Anna M Brocco answered:
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
... more
0 votes 4 answers Share Flag
Sun May 20, 2012
KerryAnn Douglas answered:
They typically expire in 60-90 days.
0 votes 6 answers Share Flag
Thu May 31, 2012
John Friedrichs answered:
Yes you can get a mortgage with 10% down. Most conventional mortgage programs you can get with as little as 5% down if you are going to occupy the home you are looking to buy. If you qualify for an FHA mortgage you can do as little as 3.5% down.

If you need an experienced lender, feel free to contact me and I can give you several good lenders you could talk to. Feel free to call me at 414-687-2159 with any questions.
... more
0 votes 6 answers Share Flag
Thu Apr 26, 2012
Marc Guzman, Real Estate Marketer answered:
I would assume Active=Available and W/O=With Offers
0 votes 5 answers Share Flag
Sun Apr 15, 2012
Eric D Lenz answered:
IF you know what you're getting into, you can make some good cash flow happen. To know what you are getting into, you should have already experienced what can happen to you, or, you should already know someone that has informed you. For the right person, it can work. BUT, if you're a newbie, you can be taken to the cleaners! Use extreme caution.
Good luck!
... more
0 votes 5 answers Share Flag
Mon May 7, 2012
Brad Meyer answered:
I agree with you 100%. The expectation is that if you're paying, the owner should be paying. I work with a few different investors who focus on rent to own situations. Each situation is unique so I would encourage you to call me to discuss how this might be an option for you. You can also email me if you prefer.

Cell: (414) 364-3604
... more
0 votes 5 answers Share Flag
Tue Mar 27, 2012
Kurt Danskin answered:
I have good news. You are our perfect clients. We specialize in helping people move into their new homes while their credit is being repaired and then purchase the home once they qualify for a FHA Loan.

You can see our current properties by visiting our website -

Feel free to call me at 262-925-8632 and I'll be happy to answer any questions you may have.

Dave Gerlach
... more
0 votes 1 answer Share Flag
Sat Apr 7, 2012
Bob Haglund answered:

The best thing to due perhaps would be to call your Realtor that showed you the house. He can arrange another showing through the former listing agent if the seller is still willing to sell. There could be several reasons why it has expired and now is off the market.

Best of luck to you going forward.
... more
0 votes 2 answers Share Flag
Tue Mar 27, 2012
Steven Salfer answered:
It looks like that home sold.,,1
Let's talk, I can help you locate and purchase your new home by putting my no-cost "Buyer Program" to work for you. ... more
0 votes 2 answers Share Flag
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