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Home Buying in Sun Prairie : Real Estate Advice

  • All44
  • Local Info5
  • Home Buying14
  • Home Selling3
  • Market Conditions3

Activity 12
Sat Mar 30, 2013
Jim Vilstrup answered:
Your not in Sun Prairie anymore.....Enjoy Saddle Ridge, at Swan Lake (near Portage). $59900 to $200000, no stairs. Jim Vilstrup, 608-697-3245
0 votes 3 answers Share Flag
Thu Oct 10, 2013
Bill E answered:
Um, Relding....there is no house on your post. Doesn't really matter tho. this most likely just one of those RealtyTrack come-ons. There may be a house in Sun Prairie that just went into foreclosure and isn't on the market yet but you will never find it here. ... more
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Fri Mar 1, 2013
Rich Moen answered:
There is currently one home in Sun Prairie meeting your criteria offering rent to own. It was built in 2001.
If you would like more information please contact me directly at 920-988-0588 or ... more
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Wed Jan 2, 2013
Tim Moore answered:
What you are saying is for the bank to hurry up and agree to lose that money. You want the bank to more quickly lose more money. Now really, does that sound prudent and do you really think a bank is eager to lose money? They are slow and methodical and they have meetings and more meetings and they have to justify the loss and verify it , then verify it again. It can be a slow process. Banks are not like normal sellers. ... more
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Thu Aug 2, 2012
Chris Bennett answered:

Depending on how close to Sun Prairie you need to be there are some around Madison and some other adjoining communities, but none specifically in Sun Prairie being advertised as such.

Give me a call at (608) 770-2144 if you'd like to discuss your options.

... more
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Sat Mar 2, 2013
Pat Thering answered:
Thu Jul 19, 2012
Pam Hickey and Stephanie Wedan answered:
Yes, but they do not necessarily advertise them that way. We actually closed 2 last year. If you would like to email us, we can do a little research for you.
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Wed Jun 8, 2011
Zisis Sakellariou answered:
HI Donavan,

If you plan on developing on that land. Yes.

If your looking to buy and hold, generally land appreciates and depreciates at a much slower rate than a house or property with a building.

But the most important thing in real estate investing is LOCATION, LOCATION, LOCATION. So... It really depends on what/where your looking at.

Good Luck,
... more
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Wed May 26, 2010
Eric D Lenz answered:
Check the FEMA flood plain maps. They get updated, so check for the most recent map. Properties that were once NOT in a flood plain can be included in newer maps.
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Wed Mar 28, 2012
James Gordon ABR SFR SRS answered:
Gregory what I have run into is a builder is more willing to do upgrades than drop price. The problem is that if the sell to you under what they have sold in the area already your property will be used as a comparable for every appraisal in the next 6-12 months. The builder does not want to have sold, say a 2000 sqft home in a subdivion for 200,000 whan everything else has gone for 215,000. The reasoning behind it that the value of 2000 sqft homes has now been brought into question on future appraisals.
Get partnered up with a Realtor® that is familiar with your target area. I have been able to get some HOT deals for my clients that want to build by going into subdivisions where there are just a few lots left. Builders also normally want to work with Realtors® because we can be 2+ transactions a year for them where a normal buyer is a one shot deal.
... more
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Sun Aug 5, 2012
Linda Williamson answered:

Congratulations on the great credit scores. That will certainly open up a lot more options for your home financing needs.

The first question I would ask is, how much do you have budgeted for a house payment - principle, interest, taxes and insurance? Knowing this, we can "work backwards" into how much house we can try to pre-approve you for. And, from there determine what type of loan would best suit your needs. An FHA loan might just be the best way to go. However, there might be several options and a mortgage professional could help you sort through them.

When pre-approving someone for a loan, investors will look at credit score, down payment, and your debt-to-income ratio. So, depending on how much that one income is, and what other bills you have out there - if any, will determine the outcome of the pre-approval.

I would suggest contacting a lender to get the process started. Pre-approvals are done at no cost and no obligation to you.

I'm available to help, if you would like. I am located in Appleton, and am licensed to write loans throughout Wisconsin. I've done loans for people moving here from as far away as Europe, so the distance isn't an issue. You can call me or go online to fill out a secure loan application. Whichever you prefer. The process should take less than 24 hours.

Let me know if I can be of service.
Take care.
Linda Williamson
Patriot Mortgage Services, Inc.
... more
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Tue May 5, 2009
Karen Wenzel, e-PRO answered:
Congratulations on your "soon to be graduations" and new jobs. Sounds like you have alot to consider.
Location - one of you will need to commute no matter where you live. Plus dealing with the dogs.

I think you need to look at all your options. A condo may work, but many have restrictions on number and size of animals. You may find some affordable housing midway between Waukesha and Madison. The Johnson Creek area?

Another thing to consider is whether you can see yourselves living in a condo or home for a long period of time. Buyers have alot of choices right now, but if you think you may need to re-sell within say the next 2 years, you may not recoup your investment. Everyone's situation is different. You may want to see what you can get pre-approved for, maybe see what that will buy you, and then contemplate your next move.

All the Best to You!
... more
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