Archive for tag Wisconsin
January 31, 2010 at 03:47 PM
As promised in earlier posts, here is an update on the Ice Boating Community, in Wisconsin. Youth Ice-Boating just held the North Americans in Michigan. Despite less than stellar wind and overall 
conditions, some local Milwaukee and Madison area youth participated and finished with “hardware”. With the recent thaw and then “deep freeze”, we are right back in prime ice-boating conditions in Southeastern Wisconsin. Check out this site to see interesting articles on recent and upcoming events in the area. There are some fabulous action shots also! Have fun, and dress warm!
Posted by:
Karen Trepton
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May 07, 2009 at 04:12 PM · Posted under Karen Trepton
Contrary to the belief of some home sellers, NOW is a good time to sell! Mortgage rates are still at historic lows. Pair the rates with the $8000 first time homebuyer credit, and the climate is very favorable for buyers and sellers.
A tool for home sellers is the "
Rate Relief Program", offered by Wisconsin Mortgage, and marketed by Shorewest Realtors. This program is an incentive by the seller, to buy down the interest rate for a prospective buyer. It also can cover some of the buyer’s prepaid and closing costs.
Here is an example of how it works:
The seller commits to pay 3% of the purchase price towards a financing package from Wisconsin Mortgage Corporation.
This provides a savings of over $200 per month, and approximately $77,000 over 30 years.
Obviously, this is a winning scenario for a buyer, but it also benefits a seller. Sellers offering this can receive special marketing, an increased buying pool and less negotiation on sales price…a win/win for everyone.
Posted by:
Karen Trepton
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May 06, 2009 at 10:38 AM · Posted under Doug Armstrong
There has been a market reset! All pricing has come down. Whether you are selling or buying, in every price range. Think of it as, am I going to get less for my house if I sell at this time? Yes, because the selling prices have retreated from the high of the market. This is also true when you go to buy. There is a price differential that is similar to when the market was at its high, so you indeed may get less now when you sell, but you are also going to pay less for what you want to buy. Whether you’re in a great market or a declining market, the price differential between buying / selling will maintain a similar relationship. I have laid out an example below for a purchase with a jumbo mortgage.
The advantage you have now is the interest rates are at a 30 to 40 year low. The assumption is, this is a mortgage only, added taxes or insurance are not included. If you are able to decrease the mortgage amount to less than $417,000, which is the limit for a conventional mortgage, you can get an even better rate! Would you like an even lower rate? Stay tuned to my next article on our new Rate Relief program for buyers and sellers!
Yes indeed, THIS IS A GOOD TIME TO SELL AND BUY!
Posted by:
Doug Armstrong
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April 02, 2009 at 03:13 PM
Since its origin in 1946, Shorewest, REALTORS® has always been a family-owned company dedicated to helping other families in Wisconsin. We’ve grown from a one-person office in Wauwatosa to 27 sales offices covering a twelve-county area. And the Shorewest “family” now includes over 1,700 people as committed to Wisconsin as the day John A. Horning started the company out of his home over 60 years ago.
Today, the Shorewest family of companies includes Wisconsin Mortgage Corporation, Heritage Title Services, Shorewest Real Estate Institute and Shorewest Insurance Associates, plus Home Closing, Marketing, Information Technology, Home Services, Career Development and Relocation Center divisions.
Staying true to our mission and values.
Midwestern values like hard work, dedication and a family-first philosophy are deeply ingrained in the people of Shorewest. As a family-owned company since 1946, all of us are driven every day by the following mission statement, adopted October 1986:
We are a team…
Proudly independent;
Dedicated to serving the housing needs of Wisconsin;
Committed to unsurpassed customer service;
Pledged to share our talents for mutual growth and prosperity.
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Steady leadership for the road ahead.
Joe and John Horning
Joe and John P. Horning represent the third generation of leadership at Shorewest, having taken the reins in 2002. Joe (President) and John P. (Executive Vice President) joined Shorewest after college and have since proven themselves as accomplished business leaders.
The people who make it all happen.
You don’t become Wisconsin’s Largest Home Seller™ without an exceptional sales staff. At Shorewest, our 1,300-plus associates know the market and are driven to put your needs first. With 27 offices located throughout Wisconsin—each with a full-time manager for support—you’ll get the responsiveness you need whether you’re buying or selling a home. We train our people to be the best, so the service you receive is nothing short of just that.
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