FHA Financing for Madison Area Homes

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.

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…

Many Madison, WI homeowners are interested in making home improvements like renovations and updates but would like to do so without breaking the bank. Here are 10 ways to keep your home improvements on track and most importantly—on budget!

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.

If you are planning to finance your Madison home or any home for that matter and you want to know a little more (or a whole lot more) about what to expect, then this primer may help you out. Find out the difference between a Pre-Qual letter and a Pre-Approval letter and how both are quite different than a Commitment Letter…the thing that can remove your financing contingency. Understanding what these things are and what they mean to you, your bank or credit union and your seller is a good first step. Questions? Read on…

Your home inspection is worth every penny! Not only does your home inspector point out any potential areas or conditions of concern, he will also give you a great orientation to all the systems in your new home. This is a critical step in buying a house. Find out why…