Special offer

Milwaukee, WI Real Estate News

By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Fannie Mae wants to help more buyers afford to purchase their new home. That is why they are offering up to 3.5% in closing cost assistance for HomePath® properties beginning April 11 through June 30, 2011.  Eligibility Details • Initial offers must be submitted on or after April 11, 2011. Buyers must be owner occupants (i.e., the home will be their primary residence), and buyers are required to sign an Owner Occupant Certification Rider to the Purchase Addendum with all initial offer submissions. • Sale must close on or before June 30, 2011. • Other restrictions apply. For more information about the offer including the terms and conditions, visit the Special Offers tab at HomePath.com. HomePath.com Search HomePath.com today for the most updated list of properties. All owner occupants e...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Market activity may appear to be low in year-over-year comparisons due to the 2010 tax credit. We knew this was coming. Several other themes warrant attention before we dig into the numbers. First, we've had several months in a row of private job growth. Second, interest rates, in concert with food and energy costs, are rising. Third, the anticipation of rising rates often motivates buyers. A recovery looms. Now, let's take a look at those numbers.New Listings in the Milwaukee region decreased 33.9 percent from last February to 1,699 new homes. Meanwhile, Pending Sales decreased 41.8 percent to arrive at 558 contracts written. This meant inventory levels decreased 6.2 percent from last year to reach 10,139 active listings.Prices slid a bit – the February Median Sales Price of $151,250 d...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
If you are interested in purchasing a foreclosed property at a very reasonable price, this program may interest you.  The unfortunate situation many foreclosed property face is, they may not qualify for FHA financing.  There is a solution for the serious buyer.  A group of local, private investors are willing to consider buying the property of your choice, using their cash funds, performing the necessary repairs, and selling the property to you.  Repairs are negotiable to a degree.  The minimum repairs must include all the details required to obtain a loan.  The Buyer will have their choice of carpeting, paint colors, counter tops, cabinet upgrades, and other features to choose from.  This program covers features from simple paint and carpeting, to major renovations, such as room additi...
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By Kristin Johnston - REALTOR®, Giving Back With Each Home Sold!
(RE/MAX Platinum)
Milwaukee Real Estate Statistics Homes for sale in Milwaukee Get this widget idx search - Waukesha WI Real Estate LOOKING FOR A PROPERTY?  I CAN HELP YOU FIND YOUR NEXT HOME! BUYERS---CONTACT ME, KRISTIN JOHNSTON, A BUYER'S AGENT/SPECIALIST WITH THE COVETED ABR DESIGNATION! DON'T JUST TRUST ME, TRUST MY MANY CLIENT TESTIMONIALS! THINKING OF SELLING YOUR HOME?  I CAN HELP WITH THAT TOO!    Your contact for all your real estate needs in Waukesha County, WI,                   Kristin Johnston PLEASE ASK ME ABOUT MY GIVE BACK PROGRAM, WHERE I MAKE A CONTRIBUTION TO AN ANIMAL SHELTER IN YOUR NAME UPON CLOSING!!!  HSUS MySpace Page | Stop Puppy Mills Website     HSUS MySpace Page | Stop Puppy Mills Website   HSUS MySpace Page | Stop Puppy Mills Website   Listen to my blog at http://podcasts....
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
  I just heard of a new variation of the Craigslist Rental Scam.  Here are the details. They pretty much follow the pattern of the rental scam followed in the past.  The new variation adds a new twist.  They are targeting foreclosed properties.  Please do not post any info concerning lock box codes.  Some how they have been able to obtain one code.  The money was wired to Nigeria, and the code given to the victim.  The victim moved in and was confronted by the police.  The victim had no idea this was a scam. I have talked to a number of agents in the area who claim there are tenants in their listings, and they have no idea how they got there.  For people looking for rentals.  A licensed agent will ALWAYS meet you at the property for a showing.  The scammers may pose as licensed real est...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
This link will show you a list of actual sold prices and other statistics for homes in Milwaukee. Conatct me for actual prices in your neighborhood. http://www.ez1realty.net/briefcase/44274_1124201042843PM55164.pdf
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Do not pay up front fees for help with loan modifications, short sale or help to avoid a foreclosure.  Here is a list of local resources offering free help. http://www.gmar.ws/data/content/Foreclosure_Prevention_Resources_Flyer.pdf
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Buying a condo can be less than renting. $50,000 condo with 10% down. Mortgage $241 per month Condo fees incl heat $241 Taxes per month $178 Total per month $670
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
November 8, 2010.  The City of Milwaukee is offering 34 tax foreclosure properties for sale at prices ranging from $7000 to $124,000.  These properties include single family homes, duplexes and condominiums.   Some of these properties, in designated areas qualify for certain city grant programs.  These properties are offered only to owner occupants. 
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Milwaukee common home inspection problems, Cornerstone Home Inspection $259 single family w/ coupon Visit www.cornerstonehomeinspectionwi.com for a $50 off coupon that makes a single family inspection $259 or a duplex inspection $299. We also offer $89 radon testing also with a coupon available at our website When choosing a home inspector in the Greater Milwaukee area price is important but getting the peace of mind knowing that you have selected someone you can trust for one of the most important purchases you will make gives you the confidence to know you are protected.  We also offer: Computer Reorting - All reports are now done on computer, adding pictures directly into the report giving you the most accurate information possible to make an informed purchase decision.Pre-marketing...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
We have a sort of lottery in Milwaukee.  You don't have to buy a ticket, you need not invest a cent, but the payoffs are in the millions.  Your chances of winning are far greater than any lottery.  To win all you need to do is land a job working for Milwaukee County. In 2002 Milwaukee County Supervisors voted themselves million dollar retirement pensions.  So what's new?  Milwaukee County took action and impeached the entire board, replacing them with politicians promising they will correct the situation.  After the election the new Milwaukee County Supervisors must have realized they were now going to receive million dollar pensions.  My guess is, they all huddled together and came up with a plan.  A few weeks after the election they said, "we can't change this, it is already a law."  ...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Dennis Herman | Realty Executives Elite | dherman@ez1realty.net | (414) 426-1784 9000 N 86th Street, Milwaukee, WI Split Level Ranch, over 2000 Sq Ft, 4 Bedrooms, 2.5 bath. 4BR/2+1BA Single Family House offered at $104,500 Year Built 1978 Sq Footage 2,225 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking Unspecified Lot Size 8,698 sqft HOA/Maint $0 per month DESCRIPTION With over 2200 square feet, this home has a versatile layout, with features found in more expensive homes. The 18 x 13 Master Bedroom with Natural Fireplace, Full Bath, and Den, can also be used as a Family Room, or reserved as a secluded, romantic retreat. The upper level consists of 3 bedrooms, one with an attached half bath, expansive living room, dining room, oversized kitchen, and full bath including water je...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
The subject today is the proposed high speed rail system.  Government wants to build a new high speed rail system between Milwaukee and Madison at a cost of $800 million.  Tax payers oppose this plan.  The solution, build a rail system that serves a purpose.  Build a high speed rail system between Chicago airports and Milwaukee. Chicago airports are already over crowded and have more flights than they can handle.  It is not feasible to expand either of the Chicago airports to handle the overload.  A high speed rail system between Chicago and Milwaukee would solve that problem. How does this create jobs?  The point is, the money has already been allocated.  If voters in Wisconsin get their way, and we know that will never happen, the state looses hundreds of jobs.  We need jobs today!  T...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Let's take a look at the Public school system to create jobs.  The trick is, to create jobs without raising taxes.  Here is the solution.  I will use Milwaukee as an example.  The Milwaukee public school system employs 360 administrators making any where from $160,000 to over $200,000 per year.  The school system spend well over $1,000,000 per year to send Administrators to conferences all over the country.  After years of investing this money, not a single idea has been initiated to improve the level of education.  The solution is simple.  Administrators have not been able to perform the jobs they have been hired to do, improve the level of education.  Fire half the administrators and hire teachers.  For every administrator they could hire 4 new teachers.  Cut the budget for trips in h...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Yesterday I posted an idea to sell advertising on stamps, and estimated it would create 6 new jobs.  Today I will stick with Real Estate, which is the center of the economy. Programs and tax credits are offered to home owners performing updates to their property which help to save energy.  The main idea behind this program is to save energy, thereby helping to control, or reduce the cost of natural gas and electricity.  The problem is, this program is only available to home owners. The goal of this program is to make every home energy efficient.  Like most goals set by government agencies, I suspect this program falls short.  How to get this program on track to meet it's goals and create jobs is easy.  Offer this tax credit to rehabbers, REO companies, and Banks selling foreclosed prope...
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By Sally K. & David L. Hanson, WI Real Estate Agents - Luxury - Divorce
(EXP Realty 414-525-0563)
OPEN SAT. OCT. 30th 2:30 -4 pm                        3814 South 55th Street, Milwaukee   This ranch is all dressed up and ready to call home...  From the inviting brand new front door.. .new living room carpet and fresh paint...landscaping....wow...you can just move in with all kitchen appliances included. Great location....super price...3 bedrooms....patio overlooking this well manicured yard.         $109,912 ....WOW !    
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
I answer a lot of questions from the Internet concerning foreclosures and short sales.  Many of these people have already lost vast sums of money before finding my site.  It seems the scam artists have learned, it pays to advertise to reach the top of the search engines.  Too bad there is no screening involved on  the Internet.  One should always search the company before contacting them.  If they did, they may find lists of complaints on Blog sites, and save themselves a bundle.   We would be doing the public a valuable service if every Real Estate Agent, Inspector, Lender, and Appraiser would list this information on their Web Site.   Beware of contacting debt counselors from Internet ads listed on Internet searches.  In most cases they charge enormous sums of money and produce littl...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
This home is far and above an average ranch. The large expanded master bedroom and bath make this a unique purchase. This is a well maintained home with remodeled baths, and a finished basement complete with a half bath.
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
This is a news story out of Milwaukee.  An elderly couple lost some jewerly that was very important to them.  This story relates the details on how it was retuned to them.  I wish the media would pay more attention to the good things in this world. http://www.jsonline.com/news/milwaukee/103107919.html
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
There are a number of local associations with help for those facing foreclosure.  Marquette Milwaukee Foreclosure Mediation Program is among this group.  Following is the contact information.Http://law.marquette.edu/foreclosure/MFMPP.O. Box 633Milwaukee, WI 53201Phone: (414)288-4040Fax:(414)288-0192Foreclosure@marquette.eduContacting a legitimate mediation service as soon as possible will allow you the greatest amount of options.  The Marquette Milwaukee Foreclosure Mediation Program can connect you with professional mediators, working with you and the lender to find a solution when possible. 
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