Frequently Asked Questions about the Home Buyer Process in Door County

By
Real Estate Agent with The Kellstrom Ray Agency, Inc. (Est. 1948)

Frequently Asked Questions about the Home Buyer Process in Door County.  We've found your perfect home, and we've submitted an OFFER TO PURCHASE, to which we have included a Door County Addendum A.  The Door County Addendum A covers a lot of variables that you want in your Offer--septic testing, well testing, water testing, a survey contingency, perhaps a zoning letter, and more.  We have included a Home Inspection Contingency for 21 days to find out if there are any actual defects with the home.  You, as the Buyer, will pay for this inspection.  And if you want special testing, like RADON, we must address it here also.

You need financing.  We will add a Financing Contingency.  We may also add an appraisal contingency, showing that the value of the home is actually the amount submitted with the Offer.

We will discuss local lenders, or perhaps you have a local lender you are comfortable with.  Financing can take time, so we discuss what the bank will want and having your paperwork in order.  With the amount of time it is taking to lend, unless it is a cash offer or unless you are totally prequalified with your lender and they just need to get an appraiser onsite, this will be the longest part of the transaction.  The Seller will not order well testing, septic testing or a survey until they know you can get your financing via a financing commitment.

Our average transactions for non-cash sales are closing in 45-60 days (sometimes much longer).  Cash sales can sell more quickly.  And if you are puchasing a condominium, there will be a disclosure and review period for your condominium association documents, too.

Frequently asked questions about the home buying process in Door County.  I will be in contact weekly (or daily, depending on what is going on) as we go through your contingencies and move forward towards closing.

Door County Homes for Sale

Posted by

All information is deemed reliable as of date of publication and is subject to change without notice.

 

 Thank you for reading!  MaryKay Shumway, ABR®, CRS®, Realtor® loves to laugh and enjoys working with people that love the Door Peninsula.  She is a full-time real estate Broker, mother of two and a senior Broker Associate at the Kellstrom-Ray Agency, Inc. in beautiful Sister Bay, Wisconsin.  She represents listings throughout the Door County Peninsula and also represents many Buyers that want to purchase the perfect property to make Door County a part of their lives.  CONTACT MARYKAY ABOUT YOUR DOOR COUNTY PROPERTY QUESTIONS TODAY.

MaryKay Shumway has a consistent multi-million dollar producer for over thirteen years.  Representing both listing clients and buyer clients full time, MaryKay is also a mother of two and active in the Door County community in the local school district, nonprofit groups and governmental affairs.  A member of the Door County Board of Realtors Honors Society from 2005-2016, the Door County Realtor of the Year 2008, a member of The Real Estate Group's Chairman's Circle in 2010-2015, and an member of the Coldwell Banker International Diamond Society for 2014 & 15.  She has served as President and Vice President of the Door County Board of Realtors  and as a member of its Advocacy Committee.  MaryKay is a top MLS producer and has held the position of top producer at The Kellstrom-Ray Agency, Inc. since 2016.

 

Contact MaryKay.  "As a multi-million dollar producer and senior associate at The Kellstrom-Ray Agency selling Door County real estate, I focus my balance on both  featured listings and representing Buyer Clients looking for the perfect Door County Property.  I turn Door County vacations into Door County traditions by helping you own your own Door County real estate, and I represent exceptional properties in all price points on the Bay of Green Bay, Lake Michigan, and all inland lakes and properties in between. Call, text or e-mail me today."

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Wisconsin Door County
Groups:
Wisconsin Active Rainers
Posts to Localism
ActiveRain Network Referral Base
The Art Of Marketing You
Tags:
door county homes for sale
buying a home in door county
door county condominiums for sale
door county properties

Spam prevention
Show All Comments
Rainmaker
682,581
Diane Daley
Caron's Gateway Real Estate - Northumberland, NH

Each state has their own rules and disclosures, That's way having a professional on your side is always advised.  Thanks for posting.

May 28, 2012 02:50 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
654,822

MaryKay Shumway

Door County Wisconsin's Real Estate Expert
BUYING or SELLING a Door County Property? Call Me Today!
*
*
*
*

Additional Information