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Assessed Value: What Home Buyers Need to Know
It is a common practice for buyers and sellers to equate the assessed value of a home to its likely market value, but these two numbers are very different from each other. Assessed values have to do with tax collection while market values reflect a selling price to which a buyer and a seller have agreed. There is, however, a way to use assessed values to your strategic benefit. Madison Broker Jon Nelson discusses how.
What a Buyer Agent Does for You
Buyer Agency is what puts you as the Buyer on an equal footing with the Seller. The Seller is represented by the listing broker, but without your Buyer’s Agent, the agent working with you is also working for and representing the Seller. Seem a little lopsided? It is. So the good news is you too can have professional real estate representation. And the better news is the listing broker almost always picks up your agent’s commission costs. Here’s the scoop…
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…