Build the home of your dream on the first attempt. - 05/28/10 09:44 AM
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 … (0 comments)

The Art of Short Sales - 05/27/10 12:33 PM
Working with short sale properties has become an art.  I have written offers to purchase dozens of homes, contingent upon lender approval, in other words, a short sale.  Less than one out of twelve has successfully closed.  I have witnessed a lot of blame pointed at the banks, rather the agencies, who process short sales  for the banks.  They claim it takes a long time, or the agency never responds.  These are the deals that will never be completed.  I have also listed a number of short sales.  I have been in the position of supplying, what seems like a never … (2 comments)

Rent to own buying option explained - 05/27/10 12:06 PM
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 … (1 comments)

What is a Year? - 05/24/10 11:11 AM
I wrote an offer for a buyer on a short sale in May of 2009.  After jumping through a number of hoops set up by the lender, we waited and waited for their final word.  After a year, the buyer decided to walk away, we executed a cancellation, mutual release in May of 2010.  The following week, a new buyer sends in a request to view the same property.  What would you do?
… (2 comments)

New Short Sale Laws to Follow - 05/16/10 10:48 AM
Short Sales I need your help in regards to understanding the new laws imposed on us as of April 5, 2010.  I have heard, all short sales are now to be reviewed by two new departments set up in HUD and FHA.  The way I understand this, HUD, FHA and the lender determine the fair market value of all future short sale properties.  The property must then be marketed and sold for this amount.  All short sales must now be approved by the lender, HUD and the FHA. Is this true?  Did we just hand over control of the real estate … (1 comments)

The Mother in-law and the Appraiser - 05/14/10 07:59 PM
What does an appraiser and a mother in-law have in common?  They both can kill a deal in a matter of seconds.  The mother in-law problem does have an easy solution.  Ask the buyers to choose 3 or 4 properties they want the mother in-law to view.  Chances are, the house the kids chose is the only house the mother in-law has viewed.  What else is the answer going to be? You can tell a lot about the motivation of the buyers by the list they come up with.  If they choose three houses that don't stand a chance of being … (0 comments)

Rent to Own Option in Milwaukee, Waukesha and Washington Counties, Wisconsin - 05/10/10 04:03 PM
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 … (1 comments)

Northwest Milwaukee SDA Church Vacation Bible School - 05/04/10 09:43 AM
7711 W Luscher Ave Milwaukee, WI 53218-3743 (414) 461-1660
July 19 to 24, 2010.
6:00 PM to 8:00 PM
Registration: time to follow
This year the theme will focuses on Joseph and his journey from his home land to prison and God’s hand in promoting him to the number two leadership position in Egypt.
Lessons
Games
Treats
Bible Studies
Stories
Fellowship and more
Open to ages 5 to 13.
Volunteers and donations are welcome.
… (1 comments)

April 2010 Active and Sold Listing MLS Chart for the Greater Milwaukee area. - 05/03/10 03:57 PM
The following chart shows active and sold listing by month for the Greater Milwaukee Real Estate Market.
Provided by the Greater Milwaukee Metro MLS
 

… (0 comments)

 
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Dennis Herman

Dennis Herman

Menomonee Falls, WI

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Realty Executives Elite

Address: N89W16416 Main Street , By Appointment Only, Menomonee Fall, WI, 53051

Office Phone: (414) 426-1784

Cell Phone: (414) 426-1784

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Using the latest technology to buy and sell homes and Real Estate in Menomonee Falls, Milwaukee, Germantown and all of Southeastern Wisconsin. With this business climate you have to constantly search for time saving ideas making transactions easier.


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