Madison Wisconsin, homes for sale. This super ranch home is priced to sell now. Click below for more pictures, area information, and additional searches.
Showing posts with label buying a home in Madison Wi. Show all posts
Showing posts with label buying a home in Madison Wi. Show all posts
Wednesday, February 15
Saturday, December 31
Housing shortage in 2012?
Again, Now is the time to buy a home!!
This video argues, that not only is home affordability the best in many years, but that some economists are predicting a home shortage of homes as soon as this year. That will mean an end to the buyers market and an increase in prices.
Once you havwe watched you will see NOW is the time to buy a home in Madison Wi.
Customizable search of all Madison area homes. Start here browsing homes.
Contact Real Estate Guy team, we will make your purchase easy, profitable and fun.
This video argues, that not only is home affordability the best in many years, but that some economists are predicting a home shortage of homes as soon as this year. That will mean an end to the buyers market and an increase in prices.
Once you havwe watched you will see NOW is the time to buy a home in Madison Wi.
Customizable search of all Madison area homes. Start here browsing homes.
Contact Real Estate Guy team, we will make your purchase easy, profitable and fun.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.
Tuesday, November 8
Real Estate Update, including 3 things your land lord doesn't want you to know.
Enjoy this very informative 2 minute video update of the US Real Estate Market. There are some good reasons why owning is better than renting, long term. Afterwards sign up for: Get your free copy of "Your First Home" a free book writting by one of the all time real estate geniuses outlining the whys and hows of Buying a home.
Get your free copy of "Your First Home" a free book writting by one of the all time real estate geniuses outlining the whys and hows of Buying a home.
Search all area homes for sale Madison Wi
Get your free copy of "Your First Home" a free book writting by one of the all time real estate geniuses outlining the whys and hows of Buying a home.
Search all area homes for sale Madison Wi
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.
Monday, October 17
960 Rockefeller Lane Madison, WI - Home for Sale
50k below Assessment, Own for less than rent.
Great Location - Close To Park, Easy commute to downtown Madison, Private entry.
Spacious 3 bedroom home. master-suite and walk-in closet, balcony overlooking local park.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.
Great Location - Close To Park, Easy commute to downtown Madison, Private entry.
Spacious 3 bedroom home. master-suite and walk-in closet, balcony overlooking local park.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions. Thursday, October 6
221 East Hill Pkwy home for Sale in Madison, WI 53718
Welcome to this delightful 2-story home in a great east side neighborhood. Living room offers plenty of space to entertain guests & exotic brazillian koa hardwood flooring.more pictures of this super Madison Home For Sale!
The kitchen features custom cabinets, center island & large pantry. Second floor owner's suite has large walk-in closet & private bath with luxurious soaking tub. Two secondary bedrooms provide space for the kids or guests.
Finished lower level for even more room to relax or play! Freshly painted & move-in ready.
Seminole Highlands! Breathtaking Floors and a Mature Lot!
Wow! Highlands of Seminole! Immaculate, Rich with craftsman style detail, this vaulted & open 2-story home is set on a beautifully landscaped-mature lot.
Bright ktchn w/shaker style cherry cabs, solid surface counters & island. Rich red birch flrs thru-out foyer, ktchn & dinette w/oak sq stock trim.
Frml dining rm adjoins vaulted great rm w/gas FP. Master bdrm w/tray ceiling, full bath suite & lg walk-in closet. 1st flr 4th bdrm could be office. Oversized 3 car gar. Energy Star & Green Built certified.
Friday, September 23
RealestateGuy helps couple buys Cottage Grove home with $1650
RealestateGuy helps couple buys Cottage Grove home with $1650
Yes even now it can be done, buying a home with little money down is possible.
Here is a rundown on a textbook case of a couple buying a home. Making a great choice of home in a very economical amount of time. And getting great financing. Let’s call the couple Holly and Evan.
Holly and Evan came to us as a referral from a very respected source. After a brief phone interview and being approved with our very own lender, they came to our office for step 1 of our 4 step process.
Step 1: We spent 1 and ½ hours going over, the home buying process and answering any questions about the process. Then we discussed their requirements and went online to look for homes for sale in their community using our state of the art home search in Madison wi .
Our guidance is to look at all home on the market and to select 7-10 of the BEST looking homes for sale. The purpose of this Step, is one we have found thru experience as one that really helps any buyer to understand the home buying process and how to effectively buy a home. With this preparation we find buyers understand the buying process and can make a better decision and buy with less stress. We selected a time and date to tour the homes and then we enter Step 2 of the process.
Step 2: is the actual home search. RealEstateguy Team makes tour appointments and we view all the best homes on the market. With Holly and Evan, we encouraged them to make a ranking of their top 3 homes and by the time we had finished the showings there was just 1 home which was interesting.
Step 3: We are not one to exert undue pressure on our clients, Holly and Evan went home to think about it. That evening we learnt that another offer had come in on that home, so with that news they decided to go to our Step 3, the paperwork of an offer. With skill of 20 years, we were able to find the terms and offer price that beat out the other offer and we with the home under contract we started
Step 4: Offer to close. We coordinate our complete team of inspectors, financers, attorneys, warranty company and closers to take the home to contract. This process takes between 3 and 8 weeks.
Finance details.
Our lender, Joe Long is fantastic. He is with Waterstone Mortgage who make available an extensice choice of mortgages. In this case Joe helped Holly and Evan chose a Rural housing loan. This is a zero down loan insured by the government. This program is available in Dane County in smaller communities, so Madison and Sun Prairie are excluded..(there are other programs for these areas).
On a purchase price of $238,000, buyers wrote an earnest money check for $2,000 once the offer was accepted, And they negotiated a credit of $2,000 for financing. So at closing they walked away with a check for $350.
That is an out of pocket cost of $1650, and one very happy couple. Congrats again Holly and Evan. And a shout out to our partner lender, Joe Long at Waterstone Mortgage
Search all area homes for sale Madison Wi Why not take advangtage of low-low interest rates?
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds
Friday, August 19
Now is the time to buy a Madison Wi home.
In Madison Wi, just like in the rest of the country, The time to buy a home is now. A number of events have converged to shrink the number of buyers; (tightening finances, lower confidence) and increase the need of sellers to sell; (job loss, inability to refinance, dropping prices).This has led to a situation where supply and demand has never been as far out of whack. 
As you see sales are down (blue, solid bars), and the months of inventory is way up(red line).So why not wait for another year? The answer in one easy word, Interest Rates. These have been amazingly low, are predicted to start rising. See the predictions on the following Graph. (thanks to KCMBlog-Steve Harney.
Projections are that rates will go up say from 4.4% to 5.6%. Is that like a 25% increase in payments. House prices would need to go down 25% to get the same payment in 2012 as NOW. Don’t wait, If you can buy now, do so.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he built a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds
Search all area homes for sale Madison Wi
Serious about getting your Madison home sold? Visit for a series of videos designed to help you make the right decisions to sell quickly and for most money. RealEstateGuy. Madison Wisconsin
Blog post reproduced fro our previous post dated Dec 2010
As you see sales are down (blue, solid bars), and the months of inventory is way up(red line).So why not wait for another year? The answer in one easy word, Interest Rates. These have been amazingly low, are predicted to start rising. See the predictions on the following Graph. (thanks to KCMBlog-Steve Harney. Projections are that rates will go up say from 4.4% to 5.6%. Is that like a 25% increase in payments. House prices would need to go down 25% to get the same payment in 2012 as NOW. Don’t wait, If you can buy now, do so.RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he built a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds
Search all area homes for sale Madison Wi
Serious about getting your Madison home sold? Visit for a series of videos designed to help you make the right decisions to sell quickly and for most money. RealEstateGuy. Madison Wisconsin
Blog post reproduced fro our previous post dated Dec 2010
Wednesday, June 15
VA Home Loans Benefitting Madison Veterans
Madison is home to the state capital, the University of Wisconsin, a strong family community, and consistently ranks among the top U.S. cities to live in.
For most homebuyers wanting to purchase a home in Madison, they have limited financing options. However, military homebuyers—in return for the service to their country—get exclusive access to a federal loan program through the Department of Veterans Affairs. For almost seven decades, VA loans have made homeowners out of service members and veterans, all the while saving them money.
There is no shortage of financial advantages with the VA home loan program.
Low Rates. One of the highlighted benefits is certainly the competitive interest rates that can dip lower than market rates. Since the VA insures up to 25 percent of each loan, VA-certified lenders take on less risk. As a result, the lenders are willing to shrink interest rates.
Zero Down. Another glaring advantage to the program is the option for a zero down payment. Serving in the military requires constant moves and deployments, which can strongly affect a borrower’s credit and savings. Through the VA loan program, qualified borrowers can finance 100 percent of their home without putting a cent down. This means for Madison, a service member can purchase a home worth up to $417,000 without putting a penny down.
Low costs. Other benefits include: a.. No Private Mortgage Insurance (PMI) b.. No prepayment penalties c.. VA Streamline, refinancing options Eligibility for the VA loan program depends on service history and type of discharge. Those who received a dishonorable discharge are ineligible.
Those who may be eligible for a Wisconsin VA loan: a.. Served on active duty for 90 days during wartime or 181 days during peacetime b.. Served in the Reserves or National Guard for at least six years c.. Are a spouse of a service member who died due to a service-related injury or in the line of duty The first step in getting a VA loan is filling out a Certificate of Eligibility (COE). VA-certified lenders and the VA website have the COE form, though lenders often process COEs faster than the VA. A COE simply ensures that you meet the initial eligibility requirements for a VA loan. Even if your credit and financial backgrounds are not perfect, it is likely you will still qualify for a Madison VA loan. Lenders look for scores of at least 620 and a foreclosure or bankruptcy will not immediately disqualify you; neither will a moderately high debt-to-income ratio as long as it is lower than 41 percent.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds
Tuesday, May 10
Staging a home for sale reaps dividends.
Staging is an increasingly important component, not only in selling a home but also in attracting would-be buyers. Even with all of the commonly accepted advantages of staging, only about 1 in 3 sellers stage their home.
- The average increase in list-to-sell in staged homes: 1.07%
- The average cost of staging: $250
- Potential benefit based on a $200,000 home: $3150
The Internet is one of the main sources of information buyers use during the home search process, and staging is key to showing the home at its best online.
Rooms that sellers stage most often:
1. Living Room: 73%
2. Kitchen: 64%
3. Master Bedroom: 58%
4. Dining Room: 49%
5. Master Bath: 45%
6. All Rooms: 37%
7. Office: 16%
The cost of staging is minimal compared to the benefits: more showings and ultimately a higher percentage of asking price.RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, Guy selected a team of specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at State Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds Search all area homes for sale Madison Wi RealEstateGuy. Madison Wisconsin
Monday, April 11
Early Wisconsin Home Sale Statistics, Madison home sales lag state
Here are the figures for Wisconsin and South Central Wisconsin which includes Madison and Dane County. (Source WRA)
Wisconsin, Median Price: Feb 2011 $117K 2010 $135K -13.3%
South Central (incl Madison) $124 .9K $145K -17.2%
Over a year, Feb to Feb, Home sale prices fell 17% in SCW, even more than the Wisconsin average.
Home sales were down 5.5% in Wisconsin, But down 13.2% in Madison’s SCW region.
Either way, with low interest rates, it is still a very affordable time to make an investment in a home. Afford-ability of homes has never been better (see graph)
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, Guy selected a team of specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at State Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds Search all area homes for sale Madison Wi RealEstateGuy. Madison Wisconsin
Sunday, March 20
Tips for making a great housing purchase
If you are a first time home buyer, or for that matter a home buyer returning to the housing market many years after your previous experience, it is likely that you have not really got a good idea of how the process works. (now I acknowledge you may have done your due diligence online, but that is not a substitute for having a trusted advisor.)
Dane County spring time
In Real Estate Guy’s experience, buyers in this situation, follow a hard worn path.
Let’s look at how a single buyer, Tom, would experience a home purchase.
Tom bounces thru open houses, he takes a somewhat adversarial approach to the hosting agent. He finds a home he loves and would be happy to buy. But unsure of the next step. And likely not liking or trusting the agent, and not wanting to appear too eager, Tom says he will “think about it”.
Yes this is the time old delay tactic!
In thinking about it, Tom will talk with friends, and together they will come up with all the reasons not to buy the home. But even if he wants to proceed, there will be lots of anguish and he will still have to make the “crazy” move of calling the agent who had the house open, or another agent (which can make the process even more complex).
Dane County spring timeAt this point he has no trusted (knowledgeable) guidance to answer questions. Tom begins the process of working in the dark to put an offer on and negotiate to buy this home. The process can be very stressful and daunting and even a successful purchase will likely be just plain uncomfortable. It is even quite likely that at this time there would be an offer on this home, or at least competition from another agent.
Our proposition is that buyers should familiarize themselves with the process before they step in a home. Once a buyer finds a nice home they will be in a situation of knowing what step to take and be comfortable. This will lead to a much better decision.
Real Estate Guy suggests that a new home buyer should find a good Realtor and establish a trusting relationship.
When we first meet a new buyer, we make this easy by offering a no obligation meeting to discuss the home buying process, the market and how a Real Estate Agent can enhance the process and also save the client time. Read RealEstateGuy’s home buyer consultation process.
Before we get together for a second meeting, we make a mutual decision to work together and the process begins by deciding which homes to look at. By working together we can usually decide on the best homes first. This will result in a much faster decision, saving time for a time strapped home buyer.
A trusting relationship means a smoother, less stressful, and often fun transaction. It results in a great home, with generally much less time expended.
I spoke about going to open houses, and the “new” open house is of course the Internet. Still much the same, it opens up the home buyer to far more homes, which means far more choices and hence a more difficult decision. There is still the problem of contacting the dreaded “Salesperson”.
So make it easy on yourself. Select an agent BEFORE you take a step into a single home. We will be very happy to sit down and answer any questions you may have.
About the Author:
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate goals and dreams. In order to provide more specialized service, Guy selected a team of specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at State Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds Search all area homes for sale Madison Wi RealEstateGuy. Madison Wisconsin
Tuesday, March 15
Home and Real Estate still best investment over time.
There has been uncertainty in the housing market in recent years and the fabric of the American dream appears to be unravellings in peoples minds.
However, the point to get here is that Real Estate is still the very best investment to make over time. In fact, in typical investment mindset, the time to buy is when others think it is too risky.
Look at the comparison below of the investment of a dollar over 10 years.
At to the fact that there has never been a time where homes are more (affordable see our previous post) and you have even more reason to buy that first home. See our next post for more statistical reasoning on price and interest rate trends.
To help in the decision process, watch this series of short Videos: Sell My Home Madison. It will help you decide if you are really a home seller.
Wednesday, March 9
Homes most affordable for many years.
Home afford-ability dropped to all time low. The cost to buy a home in Madison Wisconsin has never been more affordable. A combination of factors makes this happen.
Search all Madison Wi Area homes for sale.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds Search all Madison Wi Area homes for sale. receive a birds eye view of sales in your neighborhood
Search all Madison Wi Area homes for sale.
1) Interest rates: lowest ever.
2) home prices down
As you can see from the above chart, the level is down to 13%. This means that the average home would take 13% of a typical income, to buy a typical home with a 10% downpayment.
If you need a home and can buy, buy a home now.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the Realtor Conventions.
Get a chuckle. Watch Real Estate Guy video. 30 seconds Search all Madison Wi Area homes for sale. receive a birds eye view of sales in your neighborhood
Search all Madison Wi Area homes for sale.
Thursday, March 3
History says, now is the time to buy a home in Madison Wi
We have written many times over the last 48 months
that now is the time to buy a home. Now the case can be made, if you own 1, buy
2 more too, such is the opportunity. Of course what we have been saying has
been correct all along. If you had bought a home in Madison Wi over
the last 2 years you could not go wrong. But now the proof is mounting
that this elongated opportunity is closing fast.
that now is the time to buy a home. Now the case can be made, if you own 1, buy
2 more too, such is the opportunity. Of course what we have been saying has
been correct all along. If you had bought a home in Madison Wi over
the last 2 years you could not go wrong. But now the proof is mounting
that this elongated opportunity is closing fast.
Let’s start with home sales:
nationally they are trending up to 5.28 million from a low of 3.84 back just 6
months ago. (annualized figure) So Sales are up.
nationally they are trending up to 5.28 million from a low of 3.84 back just 6
months ago. (annualized figure) So Sales are up.
Let’s look at affordability!
Homes are more affordable that they have ever been, based on price and interest rates against household earnings. Household income to home price fell to 13% in 2010.
Homes are more affordable that they have ever been, based on price and interest rates against household earnings. Household income to home price fell to 13% in 2010.
Let’s look at interest rates:
They have gone up almost 1% from all time lows just 3 months ago. Hovering just below 5% for a 30 year, and predictions they will be at 5.6% later in the year.
Every 1% hike in rates is like adding 10% to the price of a home.
How long before we get to a historical average of 8.9% It is
likely, due to increased activity, prices will go up soon, and higher interest
rates will make buying a home less affordable. I ask you: Can you
hear me now? Start here now. Search all Madison Wi Area homes for sale.
They have gone up almost 1% from all time lows just 3 months ago. Hovering just below 5% for a 30 year, and predictions they will be at 5.6% later in the year.
Every 1% hike in rates is like adding 10% to the price of a home.
How long before we get to a historical average of 8.9% It is
likely, due to increased activity, prices will go up soon, and higher interest
rates will make buying a home less affordable. I ask you: Can you
hear me now? Start here now. Search all Madison Wi Area homes for sale.
To help in the decision process, watch this series of short
Videos: Sell My Home Madison. It will help
you decide if you are really a home seller.
Videos: Sell My Home Madison. It will help
you decide if you are really a home seller.
RealEstateGuy has been a full time, full service
Realtor since 1993. He is dedicated to helping people achieve their Real Estate
Goals and dreams. In order to provide more specialized service, he
created a team of hand picked specialists. Guy believes in constantly learning
more, so regularly attends national seminars and trainings. Guy has been a top
producer, leader in his office, a president of the Wisconsin chapter of CRS,
and has spoken at the Realtor Conventions.
Realtor since 1993. He is dedicated to helping people achieve their Real Estate
Goals and dreams. In order to provide more specialized service, he
created a team of hand picked specialists. Guy believes in constantly learning
more, so regularly attends national seminars and trainings. Guy has been a top
producer, leader in his office, a president of the Wisconsin chapter of CRS,
and has spoken at the Realtor Conventions.
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