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New Berlin : Real Estate Advice

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  • Home Buying5
  • Home Selling2
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Activity 9
Wed Dec 26, 2012
Annette Lawrence answered:
Bill,
Examine in detail the county property appraisers database.
It is very likely you will see a 'unit value' assigned that when compared to similar and different properties will reflect the very value adjustment you are seeking. The unit value will be applied to the property size and the development value stacked on top of that calculation.
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It is easiest to first observe this pattern using golf course fronting or big water view properties. When you spot the pattern you can then apply it to high volume traffic locations. There is most certainly a formula that is buried in the 'disclosure' links on the websites.
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When you have spent sufficient hours pillaging and plundering the appraisers and assessors database you will realize these numbers are reflected in the compilation of a value, some number that may be labeled, "Market Value," "Just Market Value," and any variation of similar words that are universally accepted as being as relevant to true values as Z's guesstimates.
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IN the end the formula will not provide the satisfaction you are seeking in regards to 'TRAFFIC."
There is an obvious solution. That is simply completing a market analysis. A market analysis will produce the 'real value' numbers. You know, the real numbers - what a willing seller and able and willing buyer agree upon regarding the value of real estate.
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So, may I ask, why are you wishing to make this much more difficult than it needs to be?
Call the folks who do this many, many, many times a month.
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0 votes 5 answers Share Flag
Sat Dec 22, 2012
Michael Cheng answered:
Once you've signed up for RealtyTrac, you will be able to see the property details. If not, call customer service.
0 votes 6 answers Share Flag
Tue Sep 17, 2013
Rich Moen answered:
Good Question! It will have some effect. But the market value is going to be set by similar home sales.
The issue is many people will not consider a home that is exposed to high traffic noise. So with few potential buyers it can have a negative effect.

But then so do swimming pools for many, or two story homes for others.

The key is pricing in the market based on a quality market analysis.

I would be happy to provide if needed.
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Tue Oct 29, 2013
Remax Realty Center answered:
absolutely! contact me at lisaannbear@gmail.com or 262-893-5555. Plus..i have someone looking in ///new Berlin!
0 votes 8 answers Share Flag
Wed Apr 21, 2010
Barbara Bay answered:
What home are you looking at? I'm an agent who lives and works in New Berlin. I can easily find out this information for you. Or use the search on my website
0 votes 1 answer Share Flag
Sun May 3, 2009
Keith Manson- Metro Milwaukee Wisconsin answered:
I hope you have a buyers agent and should follow their direction. The seller is required to let you inspect the property as outlined in the contract you submited. The time lines for the inspection and other contengentcies are tied to how the contract was prepared. Review thses time frames.

The choices that you have are:

Have your agent contact the other agent verbally to get it moving forward.

Send an ammendment indicating that if can not get in property you will place the seller on notice of defect

Send notice of defect , this notice needs to be sent prior to the expiration of time frames outlined in your contract. This will kill the deal if done withing the time frames.

Again discuss this with your agent. If the seller does not want you to inspect you need to be concerned. Your agent may have other approaches to address the issue but watch out for the time frames in the contract.


Keith Manson
First Weber Group
Certified Distressed Property Expert
Greenfield, Wisconsin
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Mon Aug 9, 2010
Jo Ann answered:
i've heard land contracts with interest up to 10% WOW, Is it crazy to buy in this market now?
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Mon Mar 14, 2011
Todd Norsted answered:
Tax assessor records are public. Go to your county courthouse or website and usually all of the current tax records are there.

Hope that helps.....
0 votes 4 answers Share Flag
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