Milwaukee Real Estate Blog - SE Wisconsin Real Estate - Franklin, Oak Creek, Greenfield, Greendale, Muskego, New Berlin
Milwaukee, WI
Source: cnbc.com
Date: 30 November 2009
Link: http://www.cnbc.com/id/34207654
Should homeowners who are behind in their mortgage be allowed to just walk way from the payments? A University of Arizona law professor suggests that maybe they should. While not recommending that homeowners forgo their responsibilities, Professor Brent White told CNBC Monday that there is a different set of [...]
One of the local HouseMaster home inspectors came in the office the other day and distributed a flier that identified five conditions that are “most likely to be encountered when buying foreclosed properties.” I have never been on one of their inspections so I can not speak as to the quality of their inspections [...]
Many buyers want to purchase a foreclosure home feeling that they will be able to get a better deal by doing so. While there are a lot of good foreclosure deals out there it may be even more lucrative to buy a home that is a Short Sale. What is a short sale? The concept [...]
Buyers in today’s market are looking for a great deal. Those that don’t qualify for traditional financing often look at non-traditional means to acquire an interest in a property. A great way to acquire an interest in a property might by by utilizing one of the following tools: Lease Option, Land Contract, Option To Purchase [...]
Beteween November 26th and January 9th both Fannie Mae and Freddie Mac will temporairly suspend foreclosures. The change allows for families to stay in thier home for the holidays. It also gives the two government sponsored entities, time to evaluate if borrowers are able to qualify for the new streamlined loan modification program, that is [...]
The City Of Milwaukee has published some great maps showing foreclosure statistical information. The full pdf file is at the following link: http://www.city.milwaukee.gov/ImageLibrary/User/jsteve/NSP__Appendix.pdf As of 19th September 2008 there were 1619 bank owned properties and 138 city owned properties for a total of 1757 properties that are bank owned or city owned. As of [...]
According to the Milwaukee Journal Sentinel and ForeclosuresWI.com today, foreclosures continued their increase in October this year. Milwaukee County had the largest increase of SE Wisconsin counties. The Journal reported that an “expert” said: “it might get worse ….before it gets better.” (they did not say who the expert was) Filings in the [...]
So you found a home that is owned by Milwaukee County and are interested in acquiring the property. Here are a few things to consider and be prepared for:
First- The home is listed in the MLS making everyone aware it’s available. This property is no secret. In fact, the County is [...]
Lots of people call me with the desire to purchase Real Estate. The goal of this website is to provide people with the resources to learn about and understand the Milwaukee Real Estate Market.
