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Showing posts from February, 2020

Costs Associated With Buying a House - Appleton WI

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Are you considering buying your first house? Sick of Renting? Just Married? Relocating with your family? These are all reasons why individuals are motivated to purchase a home in today's economy. However, very few Realtors go over the costs associated with buying a house . In this blog post I am going to go into detail on all of the costs you will encounter as a new home buyer. 1) Closing Costs Some banks or mortgage lenders have a flat fee for what they charge when it comes to closing costs. I know a few banks in the community are somewhere around $650 to generate the loan. But in addition to the $625, you will have another 1% in title insurance costs you will need to pay. Along with setting money into an escrow account for taxes, insurance, & other misc items. Roughly speaking closing costs amount to about 2-3% of your loan amount. Note: You can have the seller pay your closing costs! 2) Inspection - I always recommend people to get a home inspection & that will...

4 Things to Avoid When Selling a House

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Are you selling your house in the near future? In this article Carter is going to go over what you need to watch out for & avoid! #1 - Agent's Overpromising on Price Realtors tend to do this because they want to try & " buy the listing ". Meaning that they overpromise up front that they will be able to get you a certain price & in the end this ends up hurting you. Because the longer the house is on the market the lower the offer you will get. #2 - Limited Service Brokers Limited service brokers are exactly what it sounds like. They charge a flat rate for in return putting your house on the MLS. But, beware that these brokers will also charge you for going in & changing the MLS remarks or showing information! This literally takes 2-3 minutes of their time, yet they believe it should cost $50-60. Just list with a normal broker & not worry about that. #3 - Iphone Photography Let me just say this - If an agent is getting paid a 6% commission a...

Save My House From Foreclosure - Oshkosh WI

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\What do you do when your get a notice for foreclosure in the mail? Do you decide to just walk away from the house or do you take action to avoid the foreclosure? In this blog post I will go over how you can save your house from Foreclosure & a few tips to help out with the process. The first question you need to answer for yourself is if you want to keep living in the property. If you want to stay in the house then your options are limited if you don't personally have the funds to bring the mortgage current. Your next best option is to ask a friend or family member to give you a personal loan. I know this may not be easy, but if there are able to work something out with you, that may be the easiest way about avoiding the foreclosure. Another option would be to start selling off all your un-needed items to save up enough money to bring the mortgage current. Again, this may not be easy but it is worth the effort. However, when you are delinquent on your mortgage payment...