Welcome to Ez1 Realty, dedicated to providing outstanding service.
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 in 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 needs and desires. After reviewing hundreds of listings I can present a short list of homes to view. In most cases buyers have chosen one of these properties to become their new home.
My simple promise is, "provide the level of service I would expect. "
Real Estate News
Date: January 6, 2012
FROM our economist
Good News in Home Sales
NAR released its pending home sales index figure last week, and for the second month in a row, the index is up. What's more, the index has broken 100. That's significant because the only other time the index has hit 100 in recent years is when the home buyer tax credit was available. "It is the natural, organic power of great affordability conditions and job creation that is bringing the index level up," says NAR Chief Economist Lawrence Yun. "This is a very encouraging sign."
Hear more from Lawrence Yun on trends in housing data and sales >
Date: December 19, 2011
Date: January 6, 2012
| FROM our economist Good News in Home Sales |
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| Hear more from Lawrence Yun on trends in housing data and sales > |
MADISON, WI - For the fourth straight month, Wisconsin’s monthly home sales outpaced last year while median prices continued to fall, according to data released by the Wisconsin REALTORS® Association (WRA). Existing home sales increased 13.5 percent in October compared to October 2010, and median prices fell 7.8 percent over the same period to $129,000.
June 2011 New Trend in the Milwaukee Real Estate Market
Is there a recovery on the horizon? Read the entire story.
Feb 3, 2011
The City of Milwaukee is excited to announce a pilot program to sell homes to eligible buyers for just $1!
The NSP Dollar House Program is offering an initial group of 8 "fixer-upper" homes to owner-occupants. Please go to city.milwaukee.gov/DollarProgram.htm to see the eligibility requirements for this very affordable home ownership opportunity.
January 26, 2011
If you are interested in purchasing a foreclosed property at a very reasonable price, this program may interest you.
The unfortunate situation many foreclosed property face is, they may not qualify for FHA financing.
This link will provide you with detailed information about this new program.
January 20, 2011
Over the past few weeks I have seen an increase in the number of foreclosed properties, and substantial drop in list prices. There are dozens of homes available in Milwaukee in the price range of $50,000 to $70,000. There are also a number of homes in West Allis ranging from $60,000 to $90,000. In Menomonee Falls a few homes are priced below $150,000.
With interest rates holding below 5%, monthly mortgage payments on a $50,000 loan will be around $270 per month. On a $100,000 loan about $540 per month. Factor in taxes, and owning your own home may be less that what you are paying in rent.
Information about Selling your home
There are many pages available with information focused on marketing and sales techniques. Marketing strategies and enhancements can be found on this page describing Property listings with a flexible commission scale.
If you are in the early stages of listing your property or interested in keeping up on current market conditions in your area, you now have the ability to quickly enter your property information to receive a free Market Analysis with updates on a schedule to fit your schedule. This form will aid in providing you with the most accurate information available. Following is a list of links to these specialized pages.
The Research Local Property Values page offers a collection of currently sold homes listed by city as a quick reference to property values.
Listing Information for Sellers includes valuable information and links for sellers.
Listings on Video
Offered by Ez1 Realty
This web site is designed to completely satisfy the Real Estate needs of buyers and sellers. Following is a brief explanation of the services and information you will find on this site.
From this page you can browse all types of properties for sale in Southeastern Wisconsin.
When time is a factor, an exclusive feature to this web site is the ability to offer automatic MLS updates through the use of a quick and easy form, listing the features of the property you are searching for. Following is a list of links to these specialized pages.
Buy a home and remodel it with the same loan. This revolutionary new lending concept is now available. Visit the Different Types of Real Estate Home Loans page.
If your interest centers on foreclosed homes and bank owned properties, you can list your requirements on the special page dedicated to providing you with information to find the best properties at the lowest market price.
Information you should know before consider buying a short sale property.
HUD allows up to 1% of the buyer’s mortgage amount for closing costs to be included in
the “Seller’s Costs” on the HUD-1 for all transactions that involve a new FHA-insured
mortgage.
? Tiered Net Sales Proceeds requirement is applicable as follows:
o For the first 30 days of marketing, Mortgagees may only approve offers that will
result in minimum net sale proceeds of 88% of the “As-Is” appraised Fair Market
Value.
o During the next 30 days of marketing, Mortgagees may only approve offers that
will result in minimum net sale proceeds of 86% of the “As-Is” appraised Fair
Market Value.
o For the duration of the Preforeclosure Sale marketing period, Mortgagees may
only approve offers that will result in minimum net sale proceeds of 84% of the
“As-Is” appraised Fair Market Value.
For additional information visit the HUD web site. http://www.hud.gov/offices/hsg/sfh/nsc/rep/pfsfact.pdf Or call for information.
Please feel free to call 414-426-1784 or E-mail for information on business and commercial properties.
