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What if my house doesn't appraise?

When a buyer is getting financing for the purchase of your home, the buyer's lender is going to require an appraisal.  An appraisal is an independent, unbiased professional opinion of the fair market value of your home.

 

 

Many would argue...

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Seller Closing Costs

Besides the commission, there are additional costs involved with selling a home that most sellers don’t realize.  “What closing costs do I have?” is a frequently asked question.

So, let’s say you list and sell your home for $300,000 and your property taxes are $6,000.  This is what the simple seller’s side of a closing statement may look like for a closing date of October 31, 2017.

 

 

Purchase Price: The amount agreed to by the Buyer and Seller for the sale of the property.

Tax Proration: The seller credits the buyer the amount from the 1st day...

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A New Zillow Review

Highly likely to recommend

09/11/2017 Bought a home in 2017 in New Berlin, WI. This was my first time buying a home and can be very nerve racking. Bob helped me through everything, trying to decide on neighborhoods and city's. What home style would...

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Interest Rates are Moving Up

Rates are moving up.  

It could just be reaction to the election but you never know. Talk to your lender about getting preapproved and your plans to find a home.  

 

Without actually having an offer to purchase accepted, you can't lock in your rate.  That means that you're vulnerable to whatever the rate market is doing and on a day to day basis, it can be volitale.  It can cost you big $$.

 

Plan accordingly and protect yourself!! 

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Milwaukee East Side Condo

Great East Side location, walk to shops & restaurants on Downer. 1 bedroom and 1 bath with open concept living in the living/dining room. Updated laminate flooring throughout in kitchen. Newer carpet in Living/Dining Room. Large master bedroom. Underground heated parking. Laundry facilities in building. Condo fees include heat and hot water....

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Getting Preapproved for Home Financing

If you're thinking about buying a home in 2017, it's time to take the steps and get preapproved.  Find a good, reputable, LOCAL lender.  If you don't have a lender, ask a friend, collegue, or trusted family member to make a recommendation.  There are many avenues to take and this is the first, and most important.  Arguably, finding a good Realtor to help you ranks right up there with the lender.  A realtor is with you through the ENTIRE transaction: searching for the right home, the offer to purchase, home and testing inspections, financing, appraisal, and closing.  I digressed.  Regardless, knowing where you stand financially from someone you can trust is critical.

 

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Should a Buyer?s agent be present at the home inspection?

Absolutely yes!!

It’s critical that a buyer’s agent attend the home inspection with the Buyer.  Inspection reports can be very confusing and more often than not, questions come up that require “on the spot” discussions.  The agent should accurately and effectively represent the buyer's needs and properly assess the potential issues that come from a home inspection.  How can the agent do this if they're not present?  The agent is the one that does the negotiating for the Buyer and without firsthand knowledge of the inspection issues that come up, can’t possibly...

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Ready to Sell Your House? Time to Tell Your Emotions to ?Move Out.?

Selling a home you've been in for years is one of the most difficult things do. After all, you've put so much of your time and energy into creating a place of comfort and safety. Your home is a reflection of your hard work and success. It is also a place where you have spent years creating memories that will last a lifetime.

Having your emotions influence a pricing decision can cause delays or even sabotage the sale of your house.

Here are some tips to keep in mind in order to avoid making decisions using your emotions when selling your house:

  1. Think of it as a “house”, not your “home.”

You might still be living in your house, but it’s time to tell your emotions to “move out.”...

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