Buying a House in a Sellers’ Market

Buying a House in a Sellers’ Market

A sellers’ market exists when there are roughly 20% more buyers than sellers. You need a strategy to win in what will likely become a bidding war without falling into a unacceptable negative equity trap. Find out how to gain the upper hand in this kind of market.

Home Inspection a Great Idea

Home Inspection a Great Idea

Your home inspection is worth every penny! Not only does your home inspector point out any potential areas or conditions of concern, he will also give you a great orientation to all the systems in your new home. This is a critical step in buying a house. Find out why…

Power Saver Loans Backed by FHA

Power Saver Loans Backed by FHA

Power Saver loans were launched by the FHA in early 2011, but the program was later discontinued. Some lenders have continued to offer programs to assist homeowners with energy saving projects. Check with your lender to see what might be available.

FHA Financing for Madison Area Homes

FHA Financing for Madison Area Homes

FHA financing may be key for Madison, WI home buyers with less than 20% to put down. There are many advantages to FHA financing like a down payment as low as 3.5%. There are some limitations but most can be worked with fairly easily. Here’s a selection of some homes that may well be within reach with FHA financing in Madison. Check it out…

Smart Home Improvements

Smart Home Improvements

Many Madison, WI homeowners are interested in making home improvements like renovations and updates but would like to do so without breaking the bank. Here are 10 ways to keep your home improvements on track and most importantly—on budget!

Broom Swept Condition: Selling Your Home

Broom Swept Condition: Selling Your Home

When you accepted the Offer To Purchase you agreed to deliver your home in substantially the same condition it was in when your buyer wrote the offer, excluding normal wear and tear, and in what’s called broom swept condition. But what does “broom swept” actually mean? Here’s a list…

Getting a Mortgage to Finance your Home

Getting a Mortgage to Finance your Home

If you are planning to finance your Madison home or any home for that matter and you want to know a little more (or a whole lot more) about what to expect, then this primer may help you out. Find out the difference between a Pre-Qual letter and a Pre-Approval letter and how both are quite different than a Commitment Letter…the thing that can remove your financing contingency. Understanding what these things are and what they mean to you, your bank or credit union and your seller is a good first step. Questions? Read on…