Buying a Home: What you Need to Know

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…

If you want to finish the “race” to buy your new home, you need to start at the starting line. That your preapproval, which you can get shortly after meeting with you loan officer. Find out exactly what you can spend and then spend your time finding exactly what you want!

Building a home in and around Madison, WI is an exciting time, but your interests and the builder’s interests may not be the same. Your buyer agent is the perfect intermediary between you and the builder. Find out why…

Power Saver loans were launched by the FHA in early 2011, but the program was later discontinued. Some lenders have continued to offer programs to assist homeowners with energy saving projects. Check with your lender to see what might be available.

A sellers’ market exists when there are roughly 20% more buyers than sellers. You need a strategy to win in what will likely become a bidding war without falling into a unacceptable negative equity trap. Find out how to gain the upper hand in this kind of market.

An Agent refused my offer to purchase. Can they do that? The answer to that question like so many other real estate questions is, “Maybe.”  Why a Seller might instruct their Agent to refuse certain offers and whether or not that’s a particularly good strategy is discussed here.