Menomonee Falls, WI Real Estate News

By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
I hope by now Real Estate agents are using the free office tools offered by Google.  One of the most useful is the calendar.  It's simple, easy to use, and free.  I can set appointments, keep track of my showings and my mileage, just in case the IRS ever asks.  One of the features I began using this year is the invite.  When an offer is accepted I go through my check list of all the dates and deadlines, inspection, earnest money, loan commitment, walk though, closing, plus all other issues.  When I set the date I invite other parties.  All I need to do is begin typing the e-mail address and the G-mail does the rest.  It send out a reminder to the party responsible for completing the task and to the Buyer.  G-mail is another valuable resource.  I don't use G-mail for business, but it has...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Looking for the perfect home may be an experience of a life time.  It may have its up and downs.  Here are a couple of hints to keep the process is perspective. Make a list of your needs and desires.  A new home should have everything you need and most of what you desire. Begin your search early.  Keep up to date on current market conditions and price trends, interest rates and loan programs. Know your limitations.  Don't get involved with repairs and updates beyond your scope of experience and your budget. Gather a team you know you can rely upon.  This will include a Real Estate Agent, a Lender and an Inspector.  Having worked with a number of Buyers, I have developed listening skills which allow me to review a number of properties and find those most likely to appeal to the buyers ne...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
See the Greater Milwaukee MLS Sales figures for Menomonee Falls from 01/01/2010 to 07/06/2010.  This PDF file contains records of all types of properties, including the actual sale prices.   http://www.ez1realty.net/briefcase/44274_76201034736PM33974.pdf Based on information from the Board(s) of REALTORS or their Multiple Listing Service for the period 01/01/2010 to 07/06/2010.
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Menomonee Falls Sales Figures January 1, 2010 to June 20, 2010. 380 Active units Average sale price $255,000 Average square feet 2200 Average Day on the market 256 (cumulative) Lowest active price $34,900 for 709 Sq Ft Highest active price $1,300,000 for 20,000 Sq Ft 550 Sold Listings Average sale price $256,000 Average square feet 2140 Average Days on the market 230 (cumulative) Lowest active price $74,900 for 815 Sq Ft Highest active price $574,900 for 4812 Sq Ft   Based on information from the Board(s) of REALTORS or their Multiple Listing Service for the period January 1, 2010 to June 20, 2010. Call 414-426-1784 or e-mail DHerman@Ez1Realty.net for a free market study refined to your area.  Studies can be E-mailed to you with full color pictures in as little as 24 hours. 
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Before listing a home for sale in the Lilly Creek subdivision of Menomonee Falls, call for a free analysis of current market conditions in your area, featuring a current list of homes on the market, and homes that have recently sold.   You will also receive information on effective, fair, and honest advertising. Learn about marketing strategies and why it is important to have a marketing plan before listing your home.   Marketing   Marketing may be defined as: 1. The act or process of buying and selling in a market. 2. The commercial functions involved in transferring goods from producer to consumer.   My concept of marketing goes beyond the common definitions found in a dictionary. Experience has taught me one valuable lesson. Methods used three years ago in a Seller's market are not ...
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By Kristin Johnston - REALTOR®, Giving Back With Each Home Sold!
(RE/MAX Realty Center )
My name is Kristin Johnston of Remax.  My market report gives you the real estate activity for Menomonee Falls, WI for the last 30 days.  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.  The following MLS information is for the last 30 days from 5/19/10 to 06/19/10.  Kristin Johnston Gives You The Real Estate Activity For Menomonee Falls, WI For the Last 30 Days: Real Estate In Waukesha County, WI.   In the Menomonee Falls,Wisconsin Real Estate market 41 homes sold; 6 were list and sold by the same company, and 35 were sold by co-brokes. In the Menomonee Falls,Wisconsin Real Estate market there were 92 new listings. In the Menomonee Falls,Wisconsin Real Estate market there were 18 pendin...
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By Kristin Johnston - REALTOR®, Giving Back With Each Home Sold!
(RE/MAX Realty Center )
Address: N48 W16224 Lone Oak LN Menomonee Falls, WI 53051-7528 County: Waukesha MLS #: 1143468 357 W. Wisconsin Avenue Oconomowoc, WI 53066Phone: 414-254-6647Fax: Email: kjohnston5@wi.rr.comhttp://www.kristinjohnston.com Provided as a courtesy of: Kristin K Johnston ABR,e-PRORE/MAX Realty Center Directions: 2 blocks west of Pilgrim Rd., one block north of Lisbon Coordinates: 48N 162W Property Type: CondominiumStatus: Active With Offer List Price: $299,000 Rooms: 5Bedrooms: 2 Baths: 2 / 0Sq. Ft.: 1,865 Garage Spaces: 2Garage Type: Attached Year Built: 2001Lot Size: 0 Taxes: $4,421Tax Year: 2009 Tax Key: MNFV 0136136001Zoning: RES Condominium Name: Golden PondCondo Fee: $75 Units in Project: 1Units in Bldg: 2 Floor #: 1Pets Permitted: Y Flood Plain: NoOcc. Permit Required: N School Distr...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Thinking about renting your own home?  Renting your home may cause a lot of headaches, or it may be the answer to your prayers.  Accumulating all the facts and figures may be the first step in avoiding the headaches.  How much should you charge for rent?  What is the total cost of keeping up your home?  The main costs are the mortgage and taxes, followed by a host of other costs, such as insurance, maintenance, water, lawn care, snow removal, and other issues you may take for granted.  Following  is a link to an article discussing many of the aspects of renting your house.  This should give an idea of the options available and a good starting point.  The Costs of Renting Out Your House Http://www.houselogic.com/articles/costs-renting-out-your-house/ Following is a site that provides inf...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Building a home gives you the opportunity to add the features that are important to you.  This is true for the inside of the home as well as the outside.  The kitchen is the most important room in the house for many people.  Often plans can be changed on paper at little or no extra cost which can make the kitchen area into a dream kitchen.  Modifications can also be made to the garage area, bedrooms, bathrooms, etc..  You may decide to build a house that includes some of today's more energy efficient features.  You can choose your own flooring, counter tops, light and plumbing fixtures and room colors.  You can decide how much money to spend and what areas to invest  the money in.  Even the outside landscaping.  If you like to garden you can reserve a spot for that using your own specif...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Specializing in consultation for new home construction in Milwaukee, Menomonee Falls, Lannon, Sussex, Brown Deer, Greenfield, West Allis, Franklin, Oak Creek, Hales Corners, Germantown and other parts of Milwaukee, Waukesha, and Washington Counties.  From finding the lot to choosing the builder, who is right for you and your needs.  Compare prices of base models Compare standard features Compare custom features Compare prices on options Compare area prices and current resale values Prepare a complete list of options inside the home Prepare a list of options for features outside the home Prepare a list of requirements Learn about sweat equity Subdivision restrictions Finding a loan Financing an existing home and new construction through a Bridge Loan To learn more about New HOME Constru...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
  11 course basement 12 course basement 18 foot garage door 2 sinks in the master bath 200 Amp Electrical Service 6 panel doors 6" Wall Insulation 8 foot garage door 92% Eff Furnace Additional house per square foot Additional garage per square foot Air Conditioning Aluminum window trim Aluminum fascias and soffits Attic Vent Basement 110V outlets This is only a particle list offered over the Internet.  Contact me for a complete list. To learn more about New HOME Construction, visit Ez1Realty.net. http://www.ez1realty.net/1086976.html
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
You may have a vision of the perfect home. You may also have a list of questions. What you need is a detailed list of options to price before signing a contract to build a new home. Knowing exactly what you want in a home, from the fireplace to the light switches is the key to successful building. Are you adding ceiling fans to the bedrooms or finishing the basement with a bathroom? Planning for all of these extras in advance can save you money. Avoid the costly mistake of rework. Imagine what it may cost to call a plumber back to the construction site to break up a brand new concrete floor to add a bathroom in the basement. Making changes to a house while it is under construction can triple the cost of certain additions. Ensuring everything is planned for before entering into a contrac...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
Applying for a rent to own option is much like applying for a home loan. The main difference is, the lender uses cash funding from a private investor to purchase the home. Because the stock market is doing so poorly, there may be additional funds available at this time. Because they use private investors, credit scores may be much lower than required for other types of loans. Private investors look at this as a short term investment, usually 3-6 months. During that time, you agree to fulfill a credit repair program. This will guide you through a number of steps to raise your credit score and allow you to qualify for a conventional or FHA loan. When you are able to, you will apply for a loan through a lender, buy the home from the private investor and afterwards, take advantage of the t...
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By Kristin Johnston - REALTOR®, Giving Back With Each Home Sold!
(RE/MAX Realty Center )
My name is Kristin Johnston of Remax.  My market report gives you the real estate activity for Menomonee Falls, WI for the last 30 days.  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.  The following MLS information is for the last 30 days from 4/26/10 to 05/26/10.  Kristin Johnston Gives You The Real Estate Activity For Menomonee Falls, WI For the Last 30 Days: Real Estate In Waukesha County, WI.   In the Menomonee Falls,Wisconsin Real Estate market 40 homes sold; 10 were list and sold by the same company, and 30 were sold by co-brokes. In the Menomonee Falls,Wisconsin Real Estate market there were 66 new listings. In the Menomonee Falls,Wisconsin Real Estate market there were 21 pendi...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
So what happens now that the tax credit is gone?  In the Milwaukee area I have not seen a lot of action beyond first time home buying.  The majority of sales seem to be in the under 100K price range, the bargain hunters. What about those who didn't get the accepted offer by April 30th and lost out on the tax credit?  I would venture to guess, many sellers are looking at the same situation from quite a different perspective.  Sellers know, buyers are still searching the waters looking to make a killing in the market.  We are entering into the listing season.  If listings increase enough to replenish inventory sold over the past month, the law of economics tells us we are looking at future price declines.  Now that we are facing the end of the tax crush, we can all take a sigh of relief. ...
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Let us inspect your home prior to the sale. You can then advertise to potential buyers that not only do they not need a home inspection, but that they can buy with confidence knowing exactly what is wrong and what is RIGHT. Our Pre-Sale inspections still qualify for our $50 coupon and you don't have to pay for 6 MONTHS OR UNTIL YOUR HOUSE SELLS. Whichever comes first. We are also a full service home inspection company including:Foreclosure Evaluations - When you can't write in an inspection contingency into your offer, we will walk through with you and evaluate the big ticket items, so you can make an educated offer. Radon Testing - We offer a 48 hour test, done prior to the inspection so the results are available at the inspection. No waiting for results. $79 with coupon at www.corner...
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By Dennis Herman, Dennis Herman
(Crossroads Real Estate LLC)
In an effort to make the process of a short sale more efficient, the government has adopted new laws and regulations, offering incentives to lenders to speed up the process of short sales.  These new laws take effect April 5, 2010.  Following is a link explaining the entire process and the goals they hope to achieve. http://www.realtor.org/government_affairs/short_sales_hafa
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