$399,900 , 4 bedrooms, 2 full baths, 1 half baths, 2,900 square feet
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Posted: Jul 25, 2013, 6:33am PDT
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Thursday, July 25, 2013
W1335 Blue Spring Lake Drive Palmyra, Wisconsin
$399,900 , 4 bedrooms, 2 full baths, 1 half baths, 2,900 square feet
Tuesday, June 11, 2013
W616 Pond Rd, Rubicon, WI
$999,000 , 3 bedrooms, 3 full baths, 1 half baths, 3,500 square feet
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Posted: Jun 11, 2013, 7:04am PDT
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Tuesday, April 23, 2013
Wisconsin Living and Real Estate in Waukesha County Wisconsin, Lisa Bear 262-893-5555: Wisconsin Spring weather....
Wisconsin Living and Real Estate in Waukesha County Wisconsin, Lisa Bear 262-893-5555: Wisconsin Spring weather....: Wisconsin Spring weather.... has been rain, rain and more rain! I am optimistic that it will bring a beautiful May full of flowers!...
Monday, March 25, 2013
Real Estate in Wisconsin, Remax Realty Center, For Sale in Watertown, WI...
Real Estate in Wisconsin, Remax Realty Center, For Sale in Watertown, WI
1402 Wedgewood Court
Open concept, cathedral ceiling, massive kitchen, pantry, 1st floor laundry, his and hers walk in closet in master bedroom suite, jacuzzi tub, media room, expansive privacy fenced yard and solid panel doors are just some of the great features you'll find in this beautiful home. Call today to view! GLA is per prior appraisal and does NOT include finished lower level. 4th bedroom has egress window.
When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
There is no place like "WISCONSIN LAKES"
If lake living is what you desire then Lake Country is the place to be! If you are thinking about buying waterfront property in Wisconsin, a little time invested in learning about waterfront living will pay back sizeable dividends in matching your expectations to realities.
Lake Country Living on one of Waukesha Countys great lakes as a full timer or vacationer is a must and there are some great lakes to choose. Nagawicka Lake, Pine Lake, Oconomowoc Lake, Beaver Lake, Okauchee Lake, Pewaukee Lake, Moose Lake, North Lake, Lake Keesus, Lac La Belle, Upper Nashotah, Lower Nashotah, Upper Genesee, Lowe Genesee, Middle Genesee, Upper Nemahbin, Lower Nemahbin, Fowler Lake, Golden Lake, Pretty Lake, Silver Lake, Waterville Lake, and Crooked Lake. Great lakes of the surrounding area also include Lake Michigan, Rock Lake, Big Cedar Lake, Little Cedar Lake, Pike Lake and Lake Ripley. Your best source for Lake Country Living is Remax Realty Center in Oconomowoc.
Remax Realty Center, your real estate expert offering online markets, listing package and FOR SALE BY OWNER (FSBO) options, MLS search access, buyer agency and marketing that will exceed your expectations, all with outstanding service! Your home purchase or sale is likely your largest investment, be sure you have an good agent you can trust!
Real Estate in Wisconsin is an excellent investment, prices are superb, selection is great and rates are outstanding!!!
1402 Wedgewood Court
Open concept, cathedral ceiling, massive kitchen, pantry, 1st floor laundry, his and hers walk in closet in master bedroom suite, jacuzzi tub, media room, expansive privacy fenced yard and solid panel doors are just some of the great features you'll find in this beautiful home. Call today to view! GLA is per prior appraisal and does NOT include finished lower level. 4th bedroom has egress window.
When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
There is no place like "WISCONSIN LAKES"
If lake living is what you desire then Lake Country is the place to be! If you are thinking about buying waterfront property in Wisconsin, a little time invested in learning about waterfront living will pay back sizeable dividends in matching your expectations to realities.
Lake Country Living on one of Waukesha Countys great lakes as a full timer or vacationer is a must and there are some great lakes to choose. Nagawicka Lake, Pine Lake, Oconomowoc Lake, Beaver Lake, Okauchee Lake, Pewaukee Lake, Moose Lake, North Lake, Lake Keesus, Lac La Belle, Upper Nashotah, Lower Nashotah, Upper Genesee, Lowe Genesee, Middle Genesee, Upper Nemahbin, Lower Nemahbin, Fowler Lake, Golden Lake, Pretty Lake, Silver Lake, Waterville Lake, and Crooked Lake. Great lakes of the surrounding area also include Lake Michigan, Rock Lake, Big Cedar Lake, Little Cedar Lake, Pike Lake and Lake Ripley. Your best source for Lake Country Living is Remax Realty Center in Oconomowoc.
Remax Realty Center, your real estate expert offering online markets, listing package and FOR SALE BY OWNER (FSBO) options, MLS search access, buyer agency and marketing that will exceed your expectations, all with outstanding service! Your home purchase or sale is likely your largest investment, be sure you have an good agent you can trust!
Real Estate in Wisconsin is an excellent investment, prices are superb, selection is great and rates are outstanding!!!
Monday, March 18, 2013
Money Magazine: The Real Estate Market is Back
Money Magazine: The Real Estate Market is Back
The magazine supported their case by explaining:
Money Magazine: The Real Estate Market is Back
The magazine supported their case by explaining:
- In the last year, home prices increased in 92 of the country’s 100 largest metropolitan areas
- Homes are more affordable than they’ve been in 40 years
- The number of houses for sale is at the lowest level in a decade
- Price increases are projected for most of the country this year
Money Magazine: The Real Estate Market is Back
Money Magazine: The Real Estate Market is Back
The magazine supported their case by explaining:
Money Magazine: The Real Estate Market is Back
The magazine supported their case by explaining:
- In the last year, home prices increased in 92 of the country’s 100 largest metropolitan areas
- Homes are more affordable than they’ve been in 40 years
- The number of houses for sale is at the lowest level in a decade
- Price increases are projected for most of the country this year
Sunday, March 17, 2013
Saturday, March 16, 2013
Real Estate in Wisconsin, Remax Realty Center, For Sale in Ixonia
Beautiful picture perfect almost 5 acre lot with large water frontage. Superb all wood interior with breakfast bar, stainless appliances,granite counter tops, large rooms with open concept. Walk out lower level with lower finished recroom and office plus extra full bath.Large deck off home over looks Rock river and pool.Log siding exterior. Everyroom in this private country home has a wonderful view.One car attached garage could be added on to.Priced for immediate sale.Only a relocation makes this possible.
Please feel free to contact me for any of your real estate needs including an online market if you are a seller, or finding a home if you are a buyer. My real estate focus in the Waukesha County, Milwaukee County, Lake Country, Jefferson County, Dodge County and Washington County areas. I have my IRES designation (International Real Estate Specialist) so I can assist you with all your real estate needs in Wisconsin, the USA or anywhere in the WORLD!
When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
Lisa Bear of RE/MAX (262-893-5555) is an experienced real estate agent in Waukesha County and the entire Milwaukee Metro area including:
The prospering communities of Waukesha County including Delafield, Waukesha, Oconomowoc, Pewaukee, Waukesha, Sussex, Wales, New Berlin, Dousman, North Prairie, Mukwonago, Chenequa, Menomonee Falls, Brookfield, Elm Grove, Okauchee, Eagle, Muskego and Merton.
Great municipalities in Milwaukee County including Milwaukee, South Milwaukee, Wauwatosa, Hales Corners, Greenfield, Glendale, Franklin, Bayside, Brown Deer, Cudahy, Fox Point, Greendale, Shorewood, Oak Creek, St. Francis, West Allis and Whitefish Bay.
The hometown favorites of Washington County, Jefferson County and Dodge County including Watertown, Hartford, West Bend, Germantown, Jackson, Richfield, Ashippun, Lake Mills, Jefferson, Johnson Creek, Slinger and Erin.
Tom Braatz, your real estate expert offering online markets, listing package and FOR SALE BY OWNER (FSBO) options, MLS search access, buyer agency and marketing that will exceed your expectations, all with outstanding service! Your home purchase or sale is likely your largest investment, be sure you have an good agent you can trust!
Real Estate in Wisconsin is an excellent investment, prices are superb, selection is great and rates are outstanding!!!
Monday, March 11, 2013
REAL ESTATE in Wisconsin, Remax Realty Center, For Sale in Oconomowoc, W...
REAL ESTATE in Wisconsin, Remax Realty Center, For Sale in Oconomowoc, WI, 6333 N. Peaceful Lane
The name says it all. This three bedroom ranch sits on a peaceful 4+ acres on a dead end lane. Extra large lot has plenty of room to build a future out building for all your hobbies and toy storage. This home is a great opportunity at this price with acreage. Located just minutes from HWY I-94. Don't wait, come and see it now. Bring your horses, all four of them.
Please feel free to contact me for any of your real estate needs including an online market if you are a seller, or finding a home if you are a buyer. My real estate focus in the Waukesha County, Milwaukee County, Lake Country, Jefferson County, Dodge County and Washington County areas. I have my IRES designation (International Real Estate Specialist) so I can assist you with all your real estate needs in Wisconsin, the USA or anywhere in the WORLD!
When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
Dave Faretta of RE/MAX (262-443-7595) is an experienced real estate agent in Waukesha County and the entire Milwaukee Metro area including:
The prospering communities of Waukesha County including Delafield, Waukesha, Oconomowoc, Pewaukee, Waukesha, Sussex, Wales, New Berlin, Dousman, North Prairie, Mukwonago, Chenequa, Menomonee Falls, Brookfield, Elm Grove, Okauchee, Eagle, Muskego and Merton.
Great municipalities in Milwaukee County including Milwaukee, South Milwaukee, Wauwatosa, Hales Corners, Greenfield, Glendale, Franklin, Bayside, Brown Deer, Cudahy, Fox Point, Greendale, Shorewood, Oak Creek, St. Francis, West Allis and Whitefish Bay.
The hometown favorites of Washington County, Jefferson County and Dodge County including Watertown, Hartford, West Bend, Germantown, Jackson, Richfield, Ashippun, Lake Mills, Jefferson, Johnson Creek, Slinger and Erin.
There is no place like "WISCONSIN LAKES"
If lake living is what you desire then Lake Country is the place to be! If you are thinking about buying waterfront property in Wisconsin, a little time invested in learning about waterfront living will pay back sizeable dividends in matching your expectations to realities.
Lake Country Living on one of Waukesha Countys great lakes as a full timer or vacationer is a must and there are some great lakes to choose. Nagawicka Lake, Pine Lake, Oconomowoc Lake, Beaver Lake, Okauchee Lake, Pewaukee Lake, Moose Lake, North Lake, Lake Keesus, Lac La Belle, Upper Nashotah, Lower Nashotah, Upper Genesee, Lowe Genesee, Middle Genesee, Upper Nemahbin, Lower Nemahbin, Fowler Lake, Golden Lake, Pretty Lake, Silver Lake, Waterville Lake, and Crooked Lake. Great lakes of the surrounding area also include Lake Michigan, Rock Lake, Big Cedar Lake, Little Cedar Lake, Pike Lake and Lake Ripley. Your best source for Lake Country Living is Lisa Bear.
Dave Faretta, your real estate expert offering online markets, listing package and FOR SALE BY OWNER (FSBO) options, MLS search access, buyer agency and marketing that will exceed your expectations, all with outstanding service! Your home purchase or sale is likely your largest investment, be sure you have an good agent you can trust!
Real Estate in Wisconsin is an excellent investment, prices are superb, selection is great and rates are outstanding!!!
The name says it all. This three bedroom ranch sits on a peaceful 4+ acres on a dead end lane. Extra large lot has plenty of room to build a future out building for all your hobbies and toy storage. This home is a great opportunity at this price with acreage. Located just minutes from HWY I-94. Don't wait, come and see it now. Bring your horses, all four of them.
Please feel free to contact me for any of your real estate needs including an online market if you are a seller, or finding a home if you are a buyer. My real estate focus in the Waukesha County, Milwaukee County, Lake Country, Jefferson County, Dodge County and Washington County areas. I have my IRES designation (International Real Estate Specialist) so I can assist you with all your real estate needs in Wisconsin, the USA or anywhere in the WORLD!
When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
Dave Faretta of RE/MAX (262-443-7595) is an experienced real estate agent in Waukesha County and the entire Milwaukee Metro area including:
The prospering communities of Waukesha County including Delafield, Waukesha, Oconomowoc, Pewaukee, Waukesha, Sussex, Wales, New Berlin, Dousman, North Prairie, Mukwonago, Chenequa, Menomonee Falls, Brookfield, Elm Grove, Okauchee, Eagle, Muskego and Merton.
Great municipalities in Milwaukee County including Milwaukee, South Milwaukee, Wauwatosa, Hales Corners, Greenfield, Glendale, Franklin, Bayside, Brown Deer, Cudahy, Fox Point, Greendale, Shorewood, Oak Creek, St. Francis, West Allis and Whitefish Bay.
The hometown favorites of Washington County, Jefferson County and Dodge County including Watertown, Hartford, West Bend, Germantown, Jackson, Richfield, Ashippun, Lake Mills, Jefferson, Johnson Creek, Slinger and Erin.
There is no place like "WISCONSIN LAKES"
If lake living is what you desire then Lake Country is the place to be! If you are thinking about buying waterfront property in Wisconsin, a little time invested in learning about waterfront living will pay back sizeable dividends in matching your expectations to realities.
Lake Country Living on one of Waukesha Countys great lakes as a full timer or vacationer is a must and there are some great lakes to choose. Nagawicka Lake, Pine Lake, Oconomowoc Lake, Beaver Lake, Okauchee Lake, Pewaukee Lake, Moose Lake, North Lake, Lake Keesus, Lac La Belle, Upper Nashotah, Lower Nashotah, Upper Genesee, Lowe Genesee, Middle Genesee, Upper Nemahbin, Lower Nemahbin, Fowler Lake, Golden Lake, Pretty Lake, Silver Lake, Waterville Lake, and Crooked Lake. Great lakes of the surrounding area also include Lake Michigan, Rock Lake, Big Cedar Lake, Little Cedar Lake, Pike Lake and Lake Ripley. Your best source for Lake Country Living is Lisa Bear.
Dave Faretta, your real estate expert offering online markets, listing package and FOR SALE BY OWNER (FSBO) options, MLS search access, buyer agency and marketing that will exceed your expectations, all with outstanding service! Your home purchase or sale is likely your largest investment, be sure you have an good agent you can trust!
Real Estate in Wisconsin is an excellent investment, prices are superb, selection is great and rates are outstanding!!!
REAL ESTATE in Wisconsin, Remax Realty Center, For Sale in Oconomowoc, W...
REAL ESTATE in Wisconsin, Remax Realty Center, For Sale in Oconomowoc, WI, 6333 N. Peaceful Lane
The name says it all. This three bedroom ranch sits on a peaceful 4+ acres on a dead end lane. Extra large lot has plenty of room to build a future out building for all your hobbies and toy storage. This home is a great opportunity at this price with acreage. Located just minutes from HWY I-94. Don't wait, come and see it now. Bring your horses, all four of them.
Please feel free to contact me for any of your real estate needs including an online market if you are a seller, or finding a home if you are a buyer. My real estate focus in the Waukesha County, Milwaukee County, Lake Country, Jefferson County, Dodge County and Washington County areas. I have my IRES designation (International Real Estate Specialist) so I can assist you with all your real estate needs in Wisconsin, the USA or anywhere in the WORLD!
When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
Dave Faretta of RE/MAX (262-443-7595) is an experienced real estate agent in Waukesha County and the entire Milwaukee Metro area including:
The prospering communities of Waukesha County including Delafield, Waukesha, Oconomowoc, Pewaukee, Waukesha, Sussex, Wales, New Berlin, Dousman, North Prairie, Mukwonago, Chenequa, Menomonee Falls, Brookfield, Elm Grove, Okauchee, Eagle, Muskego and Merton.
Great municipalities in Milwaukee County including Milwaukee, South Milwaukee, Wauwatosa, Hales Corners, Greenfield, Glendale, Franklin, Bayside, Brown Deer, Cudahy, Fox Point, Greendale, Shorewood, Oak Creek, St. Francis, West Allis and Whitefish Bay.
The hometown favorites of Washington County, Jefferson County and Dodge County including Watertown, Hartford, West Bend, Germantown, Jackson, Richfield, Ashippun, Lake Mills, Jefferson, Johnson Creek, Slinger and Erin.
There is no place like "WISCONSIN LAKES"
If lake living is what you desire then Lake Country is the place to be! If you are thinking about buying waterfront property in Wisconsin, a little time invested in learning about waterfront living will pay back sizeable dividends in matching your expectations to realities.
Lake Country Living on one of Waukesha Countys great lakes as a full timer or vacationer is a must and there are some great lakes to choose. Nagawicka Lake, Pine Lake, Oconomowoc Lake, Beaver Lake, Okauchee Lake, Pewaukee Lake, Moose Lake, North Lake, Lake Keesus, Lac La Belle, Upper Nashotah, Lower Nashotah, Upper Genesee, Lowe Genesee, Middle Genesee, Upper Nemahbin, Lower Nemahbin, Fowler Lake, Golden Lake, Pretty Lake, Silver Lake, Waterville Lake, and Crooked Lake. Great lakes of the surrounding area also include Lake Michigan, Rock Lake, Big Cedar Lake, Little Cedar Lake, Pike Lake and Lake Ripley. Your best source for Lake Country Living is Lisa Bear.
Dave Faretta, your real estate expert offering online markets, listing package and FOR SALE BY OWNER (FSBO) options, MLS search access, buyer agency and marketing that will exceed your expectations, all with outstanding service! Your home purchase or sale is likely your largest investment, be sure you have an good agent you can trust!
Real Estate in Wisconsin is an excellent investment, prices are superb, selection is great and rates are outstanding!!!
The name says it all. This three bedroom ranch sits on a peaceful 4+ acres on a dead end lane. Extra large lot has plenty of room to build a future out building for all your hobbies and toy storage. This home is a great opportunity at this price with acreage. Located just minutes from HWY I-94. Don't wait, come and see it now. Bring your horses, all four of them.
Please feel free to contact me for any of your real estate needs including an online market if you are a seller, or finding a home if you are a buyer. My real estate focus in the Waukesha County, Milwaukee County, Lake Country, Jefferson County, Dodge County and Washington County areas. I have my IRES designation (International Real Estate Specialist) so I can assist you with all your real estate needs in Wisconsin, the USA or anywhere in the WORLD!
When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
Dave Faretta of RE/MAX (262-443-7595) is an experienced real estate agent in Waukesha County and the entire Milwaukee Metro area including:
The prospering communities of Waukesha County including Delafield, Waukesha, Oconomowoc, Pewaukee, Waukesha, Sussex, Wales, New Berlin, Dousman, North Prairie, Mukwonago, Chenequa, Menomonee Falls, Brookfield, Elm Grove, Okauchee, Eagle, Muskego and Merton.
Great municipalities in Milwaukee County including Milwaukee, South Milwaukee, Wauwatosa, Hales Corners, Greenfield, Glendale, Franklin, Bayside, Brown Deer, Cudahy, Fox Point, Greendale, Shorewood, Oak Creek, St. Francis, West Allis and Whitefish Bay.
The hometown favorites of Washington County, Jefferson County and Dodge County including Watertown, Hartford, West Bend, Germantown, Jackson, Richfield, Ashippun, Lake Mills, Jefferson, Johnson Creek, Slinger and Erin.
There is no place like "WISCONSIN LAKES"
If lake living is what you desire then Lake Country is the place to be! If you are thinking about buying waterfront property in Wisconsin, a little time invested in learning about waterfront living will pay back sizeable dividends in matching your expectations to realities.
Lake Country Living on one of Waukesha Countys great lakes as a full timer or vacationer is a must and there are some great lakes to choose. Nagawicka Lake, Pine Lake, Oconomowoc Lake, Beaver Lake, Okauchee Lake, Pewaukee Lake, Moose Lake, North Lake, Lake Keesus, Lac La Belle, Upper Nashotah, Lower Nashotah, Upper Genesee, Lowe Genesee, Middle Genesee, Upper Nemahbin, Lower Nemahbin, Fowler Lake, Golden Lake, Pretty Lake, Silver Lake, Waterville Lake, and Crooked Lake. Great lakes of the surrounding area also include Lake Michigan, Rock Lake, Big Cedar Lake, Little Cedar Lake, Pike Lake and Lake Ripley. Your best source for Lake Country Living is Lisa Bear.
Dave Faretta, your real estate expert offering online markets, listing package and FOR SALE BY OWNER (FSBO) options, MLS search access, buyer agency and marketing that will exceed your expectations, all with outstanding service! Your home purchase or sale is likely your largest investment, be sure you have an good agent you can trust!
Real Estate in Wisconsin is an excellent investment, prices are superb, selection is great and rates are outstanding!!!
Sunday, March 3, 2013
Saturday, February 16, 2013
Wednesday, November 14, 2012
Reverse Mortgage: The Ins and Outs of How One Works
Reverse Mortgage: The Ins and Outs of How One Works
Reverse Mortgage: The Ins and Outs of How One Works
A number of senior aged homeowners have found themselves in a unique position. They cannot qualify for a refinance because their retirement income is lower yet they have a ton of equity in their home. Thus, the reverse mortgage was born. With conventional lenders offering these types of loan FHA has now entered the market with a reverse loan.
Basic Premise of the Loan
A reverse mortgage works like its name implies. Instead of making payments to a lender, the homeowner receives money from the lender. This money can come in the form of a lump sum, a line of credit like a home equity loan or a series of regular payments sent to the lender. It is also possible to get a combo of these elements. For instance, homeowners could get a large amount up front, such as $10,000 and get the rest of the amount in equal payments over time.
Qualifying for the Loan
Qualifying for a reverse mortgage is actually quite simple. There is no credit check and no income requirements. As long as borrowers meet these few guidelines, they should be approved for the loan:
Most people wonder how the loan will be repaid. That part is also simple. If the home is ever sold, the sale amount will be used to pay off the mortgage. Likewise, if one of the heirs decides to refinance the loan and live in the home, then the new loan will pay off the reverse mortgage.
For program information, visit our reverse mortgage page on our main site. To see if you qualify, contact me below or apply online!
Reverse Mortgage: The Ins and Outs of How One Works
Reverse Mortgage: The Ins and Outs of How One Works
Basic Premise of the Loan
A reverse mortgage works like its name implies. Instead of making payments to a lender, the homeowner receives money from the lender. This money can come in the form of a lump sum, a line of credit like a home equity loan or a series of regular payments sent to the lender. It is also possible to get a combo of these elements. For instance, homeowners could get a large amount up front, such as $10,000 and get the rest of the amount in equal payments over time.
Qualifying for the Loan
Qualifying for a reverse mortgage is actually quite simple. There is no credit check and no income requirements. As long as borrowers meet these few guidelines, they should be approved for the loan:
- The homeowner must be a minimum of 62 years old
- The person must currently live in the property as their primary home.
- The person must own the home free and clear or have very small balance on their current mortgage.
Most people wonder how the loan will be repaid. That part is also simple. If the home is ever sold, the sale amount will be used to pay off the mortgage. Likewise, if one of the heirs decides to refinance the loan and live in the home, then the new loan will pay off the reverse mortgage.
For program information, visit our reverse mortgage page on our main site. To see if you qualify, contact me below or apply online!
Tuesday, November 13, 2012
Importance of the Appraisal
Importance of the Appraisal
Over the past 5 years many areas in the country have seen sharp declines in home values. Thankfully, that trend is starting to reverse. For this reason, most lenders are placing a lot of scrutiny on an appraisal for people considering a refinance. The appraisal is designed to ensure that the value assigned to the home matches the local market.
Basic Definition
The definition of an appraisal is that it represents the market price of a home. This is the estimated price which a seller and buyer would agree upon in a arm’s length sale. Arm’s length means the buyer and seller are not related to one another and undertaking the transaction on their own free will.
Each Home is Unique
Although two homes may sit beside each other in the same neighborhood, they could be vastly different. One may have a basement while the other is built on a concrete slab. One home may have a swimming pool and the other home may not have a yard big enough for a large car. An appraiser will look at the subject home and take down lots of notes about the size and features of similar homes in the area. The important key is that the subject home is compared to similar homes that have recently sold, usually in the last 6 months. This indicates what the market will bear for that kind of home in that same area.
Total Report
Once the appraisal is complete, the appraiser will compile a report and submit it to the lender. This report will have notes about the home’s location, general comments about the area and the detailed info about the home. Items like original build date, square footage and location of the home on a map will be listed. In addition, the other homes used in the appraisal, known as comparable sales, will be listed in detail on the map and in the final report.
For additional information, visit our refinance page on our main site or view our current mortgage rates. To see if you qualify, contact me below or apply online!
by
When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
Great municipalities in Milwaukee County including Milwaukee, South Milwaukee, Wauwatosa, Hales Corners, Greenfield, Glendale, Franklin, Bayside, Brown Deer, Cudahy, Fox Point, Greendale, Shorewood, Oak Creek, St. Francis, West Allis and Whitefish Bay.
The hometown favorites of Washington County, Jefferson County and Dodge County including Watertown, Hartford, West Bend, Germantown, Jackson, Richfield, Ashippun, Lake Mills, Jefferson, Johnson Creek, Slinger and Erin.
Real Estate in Wisconsin is an excellent investment!
Importance of the Appraisal
Over the past 5 years many areas in the country have seen sharp declines in home values. Thankfully, that trend is starting to reverse. For this reason, most lenders are placing a lot of scrutiny on an appraisal for people considering a refinance. The appraisal is designed to ensure that the value assigned to the home matches the local market.
Basic Definition
The definition of an appraisal is that it represents the market price of a home. This is the estimated price which a seller and buyer would agree upon in a arm’s length sale. Arm’s length means the buyer and seller are not related to one another and undertaking the transaction on their own free will.
Each Home is Unique
Although two homes may sit beside each other in the same neighborhood, they could be vastly different. One may have a basement while the other is built on a concrete slab. One home may have a swimming pool and the other home may not have a yard big enough for a large car. An appraiser will look at the subject home and take down lots of notes about the size and features of similar homes in the area. The important key is that the subject home is compared to similar homes that have recently sold, usually in the last 6 months. This indicates what the market will bear for that kind of home in that same area.
Total Report
Once the appraisal is complete, the appraiser will compile a report and submit it to the lender. This report will have notes about the home’s location, general comments about the area and the detailed info about the home. Items like original build date, square footage and location of the home on a map will be listed. In addition, the other homes used in the appraisal, known as comparable sales, will be listed in detail on the map and in the final report.
For additional information, visit our refinance page on our main site or view our current mortgage rates. To see if you qualify, contact me below or apply online!
by
Welcome to Wisconsin Real Estate with Lisa Bear
Thank you for visiting. Please feel free to contact me for any of your real estate needs including an online market if you are a seller, or finding a home if you are a buyer. My real estate focus in the Waukesha County, Milwaukee County, Lake Country, Jefferson County, Dodge County and Washington County areas. I have my IRES designation (International Real Estate Specialist) so I can assist you with all your real estate needs in Wisconsin, the USA or anywhere in the WORLD!When you are seriously looking or just browsing at real estate in Wisconsin, I am a great resource to help you with all your needs and questions, whether a first time home buyer, relocating to or from the beautiful LAKE COUNTRY area, looking to invest or explore foreclosure opportunities or just thinking ahead to the future.
Lisa Bear of RE/MAX (262-893-5555) is an experienced real estate agent in Waukesha County and the entire Milwaukee Metro area including:
The prospering communities of Waukesha County including Delafield, Waukesha, Oconomowoc, Pewaukee, Waukesha, Sussex, Wales, New Berlin, Dousman, North Prairie, Mukwonago, Chenequa, Menomonee Falls, Brookfield, Elm Grove, Okauchee, Eagle, Muskego and Merton.Great municipalities in Milwaukee County including Milwaukee, South Milwaukee, Wauwatosa, Hales Corners, Greenfield, Glendale, Franklin, Bayside, Brown Deer, Cudahy, Fox Point, Greendale, Shorewood, Oak Creek, St. Francis, West Allis and Whitefish Bay.
The hometown favorites of Washington County, Jefferson County and Dodge County including Watertown, Hartford, West Bend, Germantown, Jackson, Richfield, Ashippun, Lake Mills, Jefferson, Johnson Creek, Slinger and Erin.
Real Estate in Wisconsin is an excellent investment!
"HELPING YOU MOVE IN THE RIGHT DIRECTION"
Where Are Rents Headed?
Where Are Rents Headed?
Where Are Rents Headed?
When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. Where are rental prices heading over the next few years?
Rental prices usually increase by about 3 percent annually. Trulia just released their Trulia Rent Monitor where they revealed that rental prices have increased dramatically in the last year.
Where Are Rents Headed?
Posted: 13 Nov 2012 04:00 AM PST
When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. Where are rental prices heading over the next few years?Rental prices usually increase by about 3 percent annually. Trulia just released their Trulia Rent Monitor where they revealed that rental prices have increased dramatically in the last year.
“Nationally, rent gains continued to outpace home price increases in October, rising by 5.1 percent.”Based on the concept of supply and demand, we believe rental prices will continue to substantially increase over the next few years. The long-run 30-year average increase in rental households is 200,000 each year. Over the next few years, those numbers will more than double to over 500,000 each year. Freddie Mac in their latest report, Multifamily Research Perspectives, projects housing demand going forward.
“Given assumptions consistent with economic growth slightly slower than long run averages, multifamily demand is likely to be in the range of 1.7 million net new renter households between now and 2015.”The cost of owning a home will begin to increase as both prices and mortgage rates are expected to inch up in 2013. Perhaps now is the perfect time to lock in your long term housing expense by purchasing your own home.
Monday, November 12, 2012
FHA, VA and Rural Housing Loans
FHA, VA and Rural Housing Loans
FHA, VA and Rural Housing Loans
FHA, VA and Rural Housing Loans in Wisconsin
No down payment home loans enable those who have not been able to save for a down payment to realize the dream of home ownership. We offer two mortgage programs still available with no money down 100% financing and a third that only requires 3.5% down for all Wisconsin residents:
FHA loans are federally insured loans that allow buyers who have little or no credit history, coupled with limited funds available for down payment, to obtain a mortgage with a great interest rate and low monthly payments. FHA home loans are also available for first time buyers. FHA Loans are assumable and streamline refinancing to lower the interest rate is available.
VA Loans:
VA loans continue to be eligible for 100% financing, of course only those few borrowers with a VA Certificate of Eligibility are able to qualify for this loan. In addition to no down payment, VA home loans have the added benefit of not requiring PMI or private mortgage insurance. VA mortgage loans are guaranteed by The Department of Veterans Affairs, but are made by private lenders to eligible veterans for the purchase of a home. VA loans offer up to 100% financing on the value of a home.
Rural Housing Loans:
Rural home loans are optimal for first time homeowners in approved Rural Housing Service areas. USDA rural housing loan programs allow qualified homebuyers to get loans with minimal closing costs and no down payment. The purpose of this loan program is to enable eligible low and moderate income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary residence. The Guarantee Rural Housing Loans also have flexible credit standards, expanded qualifying ratios, no maximum purchase price limits and generous income limits. Closing costs, prepaids and lender required repairs can be rolled into the loan amount up to 100% of the appraised value (not the purchase price).
A no money down mortgage loan is an excellent choice for a home buyer, who may not have enough money for the standard 20% down payment.
Visit our website at http://www.madisonmortgageguys.com for additional No money down FHA, VA and Rural Housing loan program information.
FHA, VA and Rural Housing Loans
FHA, VA and Rural Housing Loans
No down payment home loans enable those who have not been able to save for a down payment to realize the dream of home ownership. We offer two mortgage programs still available with no money down 100% financing and a third that only requires 3.5% down for all Wisconsin residents:
- FHA Loans (requires 3.5% down)
- VA Home Loans
- USDA Rural Housing Loans
FHA loans are federally insured loans that allow buyers who have little or no credit history, coupled with limited funds available for down payment, to obtain a mortgage with a great interest rate and low monthly payments. FHA home loans are also available for first time buyers. FHA Loans are assumable and streamline refinancing to lower the interest rate is available.
VA Loans:
VA loans continue to be eligible for 100% financing, of course only those few borrowers with a VA Certificate of Eligibility are able to qualify for this loan. In addition to no down payment, VA home loans have the added benefit of not requiring PMI or private mortgage insurance. VA mortgage loans are guaranteed by The Department of Veterans Affairs, but are made by private lenders to eligible veterans for the purchase of a home. VA loans offer up to 100% financing on the value of a home.
Rural Housing Loans:
Rural home loans are optimal for first time homeowners in approved Rural Housing Service areas. USDA rural housing loan programs allow qualified homebuyers to get loans with minimal closing costs and no down payment. The purpose of this loan program is to enable eligible low and moderate income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary residence. The Guarantee Rural Housing Loans also have flexible credit standards, expanded qualifying ratios, no maximum purchase price limits and generous income limits. Closing costs, prepaids and lender required repairs can be rolled into the loan amount up to 100% of the appraised value (not the purchase price).
A no money down mortgage loan is an excellent choice for a home buyer, who may not have enough money for the standard 20% down payment.
Visit our website at http://www.madisonmortgageguys.com for additional No money down FHA, VA and Rural Housing loan program information.
Sunday, November 11, 2012
Old Collection Accounts Can be Ignored When Applying for FHA Mortgage
Old Collection Accounts Can be Ignored When Applying for FHA Mortgage
Old Collection Accounts Can be Ignored When Applying for FHA Mortgage
Some borrowers have re-established their credit and are making the right moves to prepare themselves for a home purchase. At one time, these people would be held back from buying a home due to old collection accounts appearing on their credit report. However, that issue has been resolved for FHA loans.
Old Rule
The FHA rule stated that if a borrower had a collection account, or a disputed account, with a balance of more than $1,000 then the person could not be approved for an FHA loan. This was a death blow to many borrowers who had fallen on hard times and wound up with a few bad accounts or had suffered through some medical problems.
In order to be eligible for FHA financing the debt had to be paid off completely or the borrower had to arrange a payment plan with the creditor. Often times the new debt payment would negatively impact debt to income ratios for the borrower and eliminate them from FHA consideration.
New Rule
Now, this rule has been rescinded. In April of 2012 it was proposed to remove the rule but then delayed. Mortgage lenders, real estate agents and other interested parties pleaded with FHA to put the rule in place. Finally, in June of 2012 the administrators of FHA agreed to take the rule off the books.
This is great news for many potential borrowers. People that have made strides to pay their bills on time, reduce their credit card debt and maintain a stable employment history for the past 2 years now have even more reason to seek out an FHA mortgage for their home purchase.
View our FHA Loan program page for additional information. If your house needs rehab work, be sure to check out the FHA 203k program. To see if you qualify, contact me below or apply online!
Old Collection Accounts Can be Ignored When Applying for FHA Mortgage
Old Collection Accounts Can be Ignored When Applying for FHA Mortgage
Old Rule
The FHA rule stated that if a borrower had a collection account, or a disputed account, with a balance of more than $1,000 then the person could not be approved for an FHA loan. This was a death blow to many borrowers who had fallen on hard times and wound up with a few bad accounts or had suffered through some medical problems.
In order to be eligible for FHA financing the debt had to be paid off completely or the borrower had to arrange a payment plan with the creditor. Often times the new debt payment would negatively impact debt to income ratios for the borrower and eliminate them from FHA consideration.
New Rule
Now, this rule has been rescinded. In April of 2012 it was proposed to remove the rule but then delayed. Mortgage lenders, real estate agents and other interested parties pleaded with FHA to put the rule in place. Finally, in June of 2012 the administrators of FHA agreed to take the rule off the books.
This is great news for many potential borrowers. People that have made strides to pay their bills on time, reduce their credit card debt and maintain a stable employment history for the past 2 years now have even more reason to seek out an FHA mortgage for their home purchase.
View our FHA Loan program page for additional information. If your house needs rehab work, be sure to check out the FHA 203k program. To see if you qualify, contact me below or apply online!
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