5 Home Features Young Home Buyers Love | ForTheBestRate.com

5 Home Features Young Home Buyers Love | ForTheBestRate.com.

5 Home Features Young Home Buyers Love | ForTheBestRate.com

 

5 Home Features Young Home Buyers Love

Selling a home can be contingent on the property’s value, condition and desirable features. Depending on the type of home buyer, there are certain features that may help seal the deal.

Here’s a list of some popular home options for the younger home buyer.

 

1. Move-In Ready
A lot of young buyers are busy starting careers or families and will appreciate a home that doesn’t need a lot of transition time.

 

2. Low-Maintenance
Most young buyers are also first-time buyers, which means they won’t have much experience in home maintenance. They’ll be attracted to a home that runs smoothly, and doesn’t require an extensive knowledge of plumbing, electricity or construction.

 

3. Great For Entertaining
Young, hip homeowners often enjoy an active social life, which means they will be on the lookout for a home that’s conducive to entertaining. An open kitchen or a large, screened-in porch are a few great examples.

 

4. Modern appliances
The generation of young home buyers who are hitting the market now are of the information age. They want “smart” technology, and that doesn’t just apply to their phones. High-tech home appliances are big selling points, especially to younger buyers.

 

5. Convenient location
A home that’s situated close to shopping, dining and entertainment is an attractive option for any buyer – but young home buyers will be especially drawn to good locations.

 

Keep in mind that every home buyer is different. Despite the common similarities in certain buyers, this list may not apply to everyone.

Find information on mortgages that are popular with first time buyers such as FHA loans and USDA rural housing loan programs.

 

How the Serenity Prayer Applies To Selling a Home

You may believe that selling your home is impossible in today’s market. You may feel powerless to the process. What could YOU possibly do to turn this housing market around? There is no doubt that today’s real estate market is

via How the Serenity Prayer Applies To Selling a Home.

What’s Happening in Real Estate in WATERTOWN, WI? Lisa Bear, realtor will tell you!

What’s Happening in Real Estate in WATERTOWN,JEFFERSON and DODGE County? WI Realtor,Lisa Bear, Gives You The Real Estate Activity For WATERTOWN, WI For the Last 30 Days: Real Estate In JEFFERSON and DODGE County

My name is Lisa Bear of Remax. My market report gives you the real estate activity for WATERTOWN for the last 30 days.

Watertown Wisconsin is located about halfway between Milwaukee and Madison, nestled on the banks of the Rock River and are surrounded by beautiful farms and farmland. The area around Watertown has strong agricultural ties, Watertown also has a strong industrial and commercial base.

The following MLS information is for the last 30 days from 9/26/11 to 10/26/11. Lisa Bear Gives You The Real Estate Activity For WATERTOWN, WI For the Last 30 Days: Real Estate In Jefferson County, WI and Dodge County, WI

In the Watertown,Jefferson County,Dodge County, Wisconsin Real Estate market 15 homes sold; 7 were listed and sold by the same company, and 8 were sold by co-brokes.

In the Watertown, Wisconsin Real Estate market there were 39 new listings.

In the Watertown,Wisconsin Real Estate market there were 20 pending listings.

In the Watertown,Wisconsin Real Estate market there were 0 withdrawn listings.

In the Watertown, Jefferson County, Dodge County, Wisconsin Real Estate market there were 0 canceled listings.

In the Watertown ,Wisconsin Real Estate market there were 55 expired listings.

In the Watertwon,Wisconsin Real Estate market there were 15 back on market listings.

In the Watertown, Waukesha County,Wisconsin Real Estate market there were 43 extended listings.

In the Watertown ,Wisconsin Real Estate market there are 363 currently active listings.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County, Jefferson County, Dodge County, Washington County, Milwaukee County or anycounty in Wisconsin. Real Estate is an excellent investment!

When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

When you are looking at buying a Jefferson County home , or DODGE County real estate agent, finding a Watertown real estate agent, finding a Jefferson, Johnson Creek, Fort Atkinson, Ixonia, Lake Mills, Hartford, Ashippun, Slinger, Beaver Dam,or any other of the great municipalities in Jefferson County or Dodge,Wisconsin.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County, JEFFERSON County, Washington County, Dodge County, Milwaukee County. Real Estate in Waukesha County is an excellent investment!

262-893-5555 Office/Cell

(888) 872-0526

Direct Fax
Proudly Serving Southcentral and Southeastern Wisconsin with Referrals from my Clients

Look for properties across Wisconsin on MLS at http://www.lisabear.com

What’s Happening in Real Estate in Chenequa, WI? Lisa Bear, realtor will tell you!

What’s Happening in Real Estate in Chenequa,Waukesha County? WI Realtor,Lisa Bear, Gives You The Real Estate Activity For Chenequa, WI For the Last 30 Days: Real Estate In Waukesha County

My name is Lisa Bear of Remax. My market report gives you the real estate activity for Chenequa for the last 30 days.

The Village of Chenequa is an upscale community located in the “lake country” portion of Waukesha County, about 30 miles west of downtown Milwaukee, Wisconsin. It completely surrounds the 703 acre Pine Lake, and includes portions of Beaver Lake and North Lake.

The following MLS information is for the last 30 days from 9/25/11 to 10/25/11. Lisa Bear Gives You The Real Estate Activity For Chenequa, WI For the Last 30 Days: Real Estate In Waukesha County, WI

In the Chenequa,Waukesha County,Wisconsin Real Estate market 0 homes sold; 0 were listed and sold by the same company, and 0 were sold by co-brokes.
In the Chenequa, Wisconsin Real Estate market there were 0 new listings.
In the Chenequa,Wisconsin Real Estate market there were 0 pending listings.
In the Chenequa,Wisconsin Real Estate market there were 0 withdrawn listings.
In the  Chenequa, Waukesha County,Wisconsin Real Estate market there were 0 canceled listings.
In the Chenequa ,Wisconsin Real Estate market there were 5 expired listings.
In the Chenequa,Wisconsin Real Estate market there were 3 back on market listings.

In the Chenequa, Waukesha County,Wisconsin Real Estate market there were 1 extended listings.

In the Chenequa ,Wisconsin Real Estate market there are 20 currently active listings.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!
When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!
When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!
When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!
When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!
When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!
When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

262-893-5555 Office/Cell

(888) 872-0526

Direct Fax

 
Proudly Serving Southcentral and Southeastern Wisconsin with Referrals from my Clients
 
Look for properties across Wisconsin on MLS at http://www.lisabear.com

What’s Happening in Real Estate in Waukesha County, WI? Lisa Bear, realtor will tell you!

What’s Happening in Real Estate in Delafield,Waukesha County? WI Realtor,Lisa Bear, Gives You The Real Estate Activity For DELAFIELD, WI For the Last 30 Days: Real Estate In Waukesha County

My name is Lisa Bear of Remax. My market report gives you the real estate activity for DELAFIELD for the last 30 days.

The following MLS information is for the last 30 days from 9/20/11 to 10/20/11. Lisa Bear Gives You The Real Estate Activity For Delafield, WI For the Last 30 Days: Real Estate In Waukesha County, WI

In the DELAFIELD,Waukesha County,Wisconsin Real Estate market 21 homes sold; 5 were listed and sold by the same company, and 16 were sold by co-brokes.

In the DELAFIELD, Wisconsin Real Estate market there were 31 new listings.

In the DELAFIELD,Wisconsin Real Estate market there were 11 pending listings.

In the DELAFIELD,Wisconsin Real Estate market there were 0 withdrawn listings.

In the  Delafeild,Waukesha County,Wisconsin Real Estate market there were 0 canceled listings.

In the DELAFIELD ,Wisconsin Real Estate market there were 55 expired listings.

In the DELAFIELD,Wisconsin Real Estate market there were 20 back on market listings.

In the DELAFIELD, Waukesha County,Wisconsin Real Estate market there were 37 extended listings.

In the DELAFIELD ,Wisconsin Real Estate market there are 334 currently active listings.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!

When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!

When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!

When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

Please feel free to call me for any of your real estate needs, including an online market if you are a seller, or finding a home in Waukesha County. Real Estate in Waukesha County is an excellent investment!

When you are looking at buying a Waukesha county home , real estate agent, finding a Waukesha real estate agent, finding a Delafield, Chenequa, Pewaukee, Oconomowoc, Hartland, Waukesha, Wales, Mukwonago, Wales,New Berlin, Brookfield, Dousman, Eagle or any other of the great municipalities in Waukesha County,Wisconsin.

If looking for LAKE COUNTRY LIVING on one of Waukesha County’s great lakes: Nagawicka, Pewaukee, Pine, Beaver, Okauchee, Moose, North, Oconomowoc,I would be glad to help you in any relocation to Waukesha County, or help in buying a home in Waukesha County, or selling a home in Waukesha County. I strongly encourage any seller that is looking to market their property this year to get a sound feeling for what it is worth. Real estate in Waukesha County is now an excellent investment, prices of superb, selection is great, and the rates are outstanding.

 

262-893-5555 Office/Cell

(888) 872-0526

Direct Fax

 
Proudly Serving Southcentral and Southeastern Wisconsin with Referrals from my Clients
 
Look for properties across Wisconsin on MLS at http://www.lisabear.com

Check out my Blogs!

 

http://realestateinwisconsinlisabear.blogspot.com

http://movingtooconomowocwisconsin.blogspot.com/

http://activerain.com/blogs/lisabear01

 

https://lakecountrylife.wordpress.com

“HELPING YOU MOVE IN THE RIGHT DIRECTION”

 

 

 

 

Why They Are Saying to Buy A Home Now

Why They Are Saying to Buy A Home Now.

>Discover "SWIMMING" in Waukesha County – Lake Country Lakes in Southeastern Wisconsin

>

Schools are out, weather is warm and kids want to splash their summer away — which beach are you going to take them too? 

Waukesha County has six swimming locations throughout the park system. Lifeguards are on duty daily. Swimming lessons are offered in a 2-week session.
Beach Hours:11 am – 7 pm   Monday – Friday
10 am – 7 pm   Sat. & Sunday

Mukwonago Park- Mukwonago	Minooka Park – Waukesha
A significant feature of Mukwonago Park is the 16-acre spring fed lake creating a delightful setting for picnickers and all park users. Adjacent to the lake is a swimming pond with a broad sand beach. A two-week swimming lesson session is held June 20 – July 1, 2011.	Minooka’s swimming area consists of a 4-acre pond. Sorry, there are no swimming lessons offered at Minooka.
Naga-Waukee Park – Delafield	Menomonee Park – Menomonee Falls
Naga-Waukee’s beach is on the waters of Lake Nagawicka. A two-week swimming lesson session is held from July 11 – 22, 2011.	Menomonee Park features the 16-acre Menomonee Quarry Lake. A two-week swimming lesson session is held from July 11 – 22, 2011.
Muskego Park – Muskego	Fox Brook Park – Brookfield
Muskego’s one-acre pond and swimming beach is a great place to get a tan or swim. A two-week swimming lesson session runs July 25 – August 5, 2011.	Fox Brook’s swimming beach boasts a large sand beach area along the 25-acre lake. Pedal boat rentals are available for $8.00 per hour. A two-week swimming lesson session runs from July 25 – August 5, 2011.

Beach Rules:

• Follow lifeguards’ instructions:
• No food or drink permitted on sand beach.
• No beer, liquor, or wine permitted in beach area.
• No floatation devices, facemasks, or diving equipment permitted.
• No animals allowed.
• Proper swimming attire required – long pants not acceptable.
• An adult MUST supervise children 5 years old or younger.
• No running dives.

Direct link to Waukesha County Park System – information above taken from this site and is subject to change.
Want your own swimming hole?  A home on a lake in Waukesha County perhaps?!The reason it’s a great idea to start buying a lake home now and finding one that you enjoy is multi fold; you will be in the property by summer and really enjoying the lake and all the activity it offers, you will see the yards as they are now and from there everything just comes to life, and the rates, selection, and prices will never be this wonderful again. I have a great buyer package for you, as well as I would like to recommend to you to search the MLS per the link – MLS SEARCH  and save your searches so I can find you one of the perfect lake homes for sale in Waukesha County. Waukesha County Lake homes are beautiful and now is the time to get me looking for that perfect one for you. See you on the lake!

Have a productive day and I will see you at closing!

Search Southeastern Wisconsin MLS search Real Estate

idx search – Waukesha Real Estate

262-893-5555 Office/Cell

(888) 872-0526 

Direct Fax

 
Proudly Serving Southcentral and Southeastern Wisconsin with Referrals from my Clients
 
Look for properties across Wisconsin on MLS at http://www.lisabear.com

Check out my Blogs!

 http://realestateinwisconsinlisabear.blogspot.com

http://movingtooconomowocwisconsin.blogspot.com/

http://activerain.com/blogs/lisabear01

https://lakecountrylife.wordpress.com

>Time to start thinking Summer vacation HOMES in Waukesha County Wisconsin

>

Vacation Homes

Are vacation homes a good investment?

You can buy a vacation home today for investment purposes as well as enjoyment. And yes, there are tax benefits.
Some people buy a vacation home to use as a permanent retirement home later, which allows them to get ahead on their payments. Another benefit is that the interest and property taxes on a vacation home are tax-deductible.
Some real estate experts predict that vacation homes will appreciate in value due to rising demand from the aging Baby Boom generation. You also can depreciate the property if you live in the house less than 14 days a year.
You also need to consider whether you can afford to carry two mortgages, pay for the extra utilities and maintenance costs, and how this investment fits into your total personal finance picture.

Have a productive day and we will see you at closing!

262-893-5555 Office/Cell

(888) 872-0526 

Direct Fax

 
Proudly Serving Southcentral and Southeastern Wisconsin with Referrals from my Clients
 
Look for properties across Wisconsin on MLS at http://www.lisabear.com

Check out my Blogs!

 http://realestateinwisconsinlisabear.blogspot.com

http://movingtooconomowocwisconsin.blogspot.com/

http://activerain.com/blogs/lisabear01

https://lakecountrylife.wordpress.com

“HELPING YOU MOVE IN THE RIGHT DIRECTION”

>Looking ot buy but can’t decide between a single family home or condo?

>

Condos, Apartments & Single Family

What are the differences between condos and single-family homes?

Using appreciation as a measure, condominiums in some areas have been as profitable an investment as single-family homes in the past five years. And in some markets, condos appreciated even more, according to some experts.

While single-family homes have been the preferred investment by homebuyers, changing demographics are helping make condos more popular, especially among single homebuyers, empty nesters and first-time buyers in high-priced markets.

Also, the condominium community has worked hard in the last few years to overcome image problems brought on by homeowners association and developer disputes as well as all too frequent construction-defect litigation.

Should I be looking into condos?

While condos never had the kind of appreciation experienced by single-family homes in the go-go 1980s, most ultimately have not lost value, say some experts. And with high prices in many urban markets and more single homebuyers in the market than ever before, the market for condos is strong.
As with any home purchase, you should do your homework about the neighborhood or development before you buy. In the case of condominiums, it is important to read the past six months of homeowners association minutes to see how effective the board is and to learn about any possibly detracting issues (such as protracted litigation with the developer).
The condominium community has worked hard in the last few years to overcome image problems brought on by disputes and lawsuits. Associations are becoming more sophisticated about property management and taking steps to prevent legal problems and disputes.
Condominiums have held their value as an investment despite economic downturns and problems with some associations. In fact, condos have appreciated more in the past few years than when they first came on the scene in the late 1970s and early 1980s, experts say.
While there are lots of reports about homeowner’s association disputes and construction-defect problems, the industry has worked hard to turn its image around. Elected volunteers who serve on association boards are better trained at handling complex budget and legal issues, for example, while many boards go to great lengths to avoid the kind of protracted and expensive litigation that has hurt resale value in the past.
Meanwhile, changing demographics are making condominiums more attractive investments for single homebuyers, empty nesters and first-time buyers in expensive markets.

How do homeowners associations work?

Learn everything you can about the homeowners association before you buy into a development governed by one. The association’s financial, political and legal conditions are very important to your investment and quality of life.
When run properly, homeowners associations maintain the common grounds and keep civility in the complex. If you follow the rules, the association should not intrude on your privacy or cost you too much in association dues.
Poorly managed associations can drag down property values and make living there difficult for residents. Start by studying the association�s covenants, codes and restrictions, or CC&Rs, and find out if you can live by them. For example, if the rules prohibit loud music after a certain hour and you like to play your CDs late at night, this may not be the place for you. Don’t move in thinking you can get away with violating the rules or change them later because you may find yourself in turmoil with determined neighbors firmly in control of the association board.
Find out all you can about the association’s finances. Beyond reviewing the budget, talk to the association treasurer and find out if dues are expected to increase and if any special assessments are planned. Ask if special inspections have revealed problems with roofs or plumbing that may cause a dues hike or special assessment later on.
Call and meet with the association president. If you are the type of person who despises intrusions into your private life and the president seems more interested in gossip about the residents than maintaining the property, this may not be the right condo complex for you.
Speak with residents to get their views on the association’s finances, its property manager, how it operates and any politics. Associations are volunteer organizations with elected boards, like a mini-government, so politics can enter the picture and spoil a good thing.
Lastly, take some time to understand how homeowners associations are organized and how they conduct business. Like all real estate investments, the more you know the better off you are.

Is it difficult to project rents on rentals?

If you are buying a rental income property and applying for a loan to do so, the lender will require an area rent survey by a certified appraiser. The amount a landlord can expect to receive in monthly rent largely depends on what the property has rented for in the past, the condition of the building, its location and the current housing market.
Lenders also look at other cash-flow considerations. They want to know if you have enough reserves on hand to cover predictable and unforeseen expenses, such as property insurance, taxes, regular maintenance and repairs.

Have a productive day and we will see you at closing!

262-893-5555 Office/Cell

(888) 872-0526 

Direct Fax

 
Proudly Serving Southcentral and Southeastern Wisconsin with Referrals from my Clients
 
Look for properties across Wisconsin on MLS at http://www.lisabear.com

Check out my Blogs!

 http://realestateinwisconsinlisabear.blogspot.com

http://movingtooconomowocwisconsin.blogspot.com/

http://activerain.com/blogs/lisabear01

https://lakecountrylife.wordpress.com

“HELPING YOU MOVE IN THE RIGHT DIRECTION”

>

Refinancing

When is the best time to refinance?

It depends on how long you plan to hold on to your house and if you have to pay anything to refinance. In addition, it also depends on how far along you are in paying off your current mortgage.
If you are going to be selling your house shortly, you probably will not recoup any costs you incur to refinance your mortgage. If you are more than halfway through paying your current mortgage, you probably will gain little by refinancing. However, if you are going to own your home for at least five years, that’s probably long enough to recoup any refinancing costs you incur and to realize real savings on lowering your monthly payment. If it is going to cost you nothing to refinance, you can gain even more.
Many lenders will allow you to roll the costs of the refinancing into the new note and still reduce the amount of the monthly payment. Also, there are no-cost refinancing deals available. In any case, it pays to consult your lender or financial advisor, or run the numbers yourself, before you refinance.

What are the advantages/disadvantages of no-cost loans?

In many states, real estate regulatory agencies are cracking down on such advertising. The very term, “no-cost” loan, is misleading because borrowers are actually paying a higher interest rate in exchange for not having to pay fees or closing costs up front when the loan is secured.
A “no-points” loan is one for which the lender does not charge points (one point is equal to 1 percent of the loan amount). But there are other fees involved in no-point loans, as with most loans.

How does bankruptcy affect my refinancing?

Refinancing may be prudent but could be difficult after a bankruptcy. If you’re considering bankruptcy, you may want to go to your current lender first and explain the situation. If you have been current on your payments, the lender may be accommodating and refinance your loan, easing your financial situation.

Which home buying costs are deductible?

Any points you or the seller pay to purchase your home loan are deductible for that year. Property taxes and interest are deductible every year.
But while other home-buying costs (closing costs in particular) are not immediately tax-deductible, they can be figured into the adjusted cost basis of your home when you go to sell (any significant home improvements also can be calculated into your basis). These fees would include title insurance, loan-application fee, credit report, appraisal fee, service fee, settlement or closing fees, bank attorney’s fee, attorney’s fee, document preparation fee and recording fees. Points paid when you refinance an existing mortgage must be deducted ratably over the life of the new loan.
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