If you recently purchased a home with less than 20% down, your mortgage lender likely required that you carry Private Mortgage Insurance, or PMI. This $80-$200 fee tacked onto your monthly payment automatically drops off once your principal balance has been paid down to greater than 20%. Depending on your amortization schedule though, this might not happen until year 9 or year 10 of your Continue Reading
Public or Private? The Best Way to List Your Home This Spring
Your co-worker Steve is a great storyteller. Sometimes (though he’d never admit it) he even stretches the truth a little bit to make his stories that much more impressive. So when Steve told you about getting an offer $53,000 above his asking price on his newly listed home? You definitely took that with a grain of salt… only Steve wasn't exaggerating. Today’s extreme seller’s market affords unique Continue Reading
The Key to Pricing Your Home in a Sky High Market
There's no exact science to determine how much your home is worth. Instead, what a buyer is willing to pay has been the gold standard, and the definition of the “value of a home,” since the Great Depression. In today’s extreme Seller’s market, there’s a right way and a wrong way to list your house. Misstep, and you might fall short of your ultimate financial potential. And how you price Continue Reading
5 Mistakes to Avoid When Selling Your Home
Selling your home is one of the most important financial decisions you can make, and even small mistakes can dramatically affect your bottom line. Understanding these and how to avoid them will ultimately allow you to make the most amount of money from your home! Improper preparation: Some sellers put their home on the market without properly preparing the home first. This is fine if you’re Continue Reading
Getting the House Ready for Winter
It’s that time of year again in Southeast Wisconsin! Leaves are falling, the temperatures are dropping and pretty soon the snow will fly. Prepping your house for the deep freeze can save you time, money and hassle during the long winter months and into the spring. Garden Beds: Cut down and remove foliage from perennial plants like lilies and hostas. Annuals can also be removed. Stalky Continue Reading
The ABCs of Real Estate
A lot of information is shared with you during the home buying and selling journey, and even if you've gone through it before, trying to remember what different terms mean — and where they come into play during the process — can be overwhelming. Here is a list of real estate ABCs to help familiarize yourself with the language of buying and selling. A | Appraisal: An estimation of a Continue Reading
88 Types of Turbulence That Can Be Encountered in Your Real Estate Transaction
Every real estate transaction is a sophisticated and complicated financial maze that, if not managed properly, will crash and burn. Much like an airline pilot, your realtor must understand and anticipate the potential pitfalls that could keep you from reaching your destination in one piece. A successful transaction, much like a successful flight, will leave the passenger with the thought, “Well Continue Reading
Typical Costs to Expect When Buying a Home
Purchasing your first home is by far one of the most important investments you will make in your entire life, and likely the largest. There are so many factors to consider and research, but with time, patience and the right realtor guiding you through the process, you will soon become confident in your decision making abilities. Understanding the costs involved with purchasing a home and the Continue Reading
M3 Realty Provides Staging Consultation
Staging is a concept that is becoming more popular in promoting real estate by making a house look more appealing. Sometimes staging is done with the seller’s own furniture and accessories, and sometimes it is done with a staging service or Realtor’s furniture and accessories. Occasionally the two are combined. Staging ranges from a complete furnishing and accessorizing package down to just a few Continue Reading
Why Choose M3 Realty As Your Broker
Companies Don’t Sell Real Estate, Realtors Do Mullikin Family Team Has Over 45 Years Combined Experience Full Time Committed Realtors Full Time Office Administrator Will Help You Understand and Guide You Through the Process Customized Professional Photography Offer Staging Materials and Advice Will Supply a Competitive Market Analysis Provide a Personalized Home Book About Your Continue Reading
