Shorewest is Named #10 in Nation!
Real Trends has named Shorewest Realtors as #10 in the nation, in leading real estate firms. This is the highest ranking ever attained by a Wisconsin Real Estate company. When choosing a Realtor in Wisconsin, choose from the best! To find out about our family of services, including Wisconsin Mortgage, Heritage Title, Shorewest Insurance, Shorewest Home Services and more, contact me, or your preferred Shorewest agent. Click Here to view the Real Trends flyer.
Posted by: 
Karen Trepton
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Tagged with wisconsin mortgage |
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.
This provides a savings of over $200 per month, and approximately $77,000 over 30 years.
If we are to believe the news media, no one is able to get money and thus buy a home. But if that’s true no one told us about the shortage of money. I have not found that money is difficult to obtain, however the restrictions are a little more realistic than they used to be. For example Freddie Mac (the government) now charges a 3/4pt “Delivery Fee” on loans. Outrageous you say? Well if you have more than 25% down towards the purchase price the fee can be waived, IF your credit score is reasonable. Now I can remember a time, way back, when you had to have a 
20% down payment otherwise you just did not get the loan. What we really are experiencing here in our market is a contraction from some very liberal lending policies to a more normal lending pattern. For complete information on the thresholds in lending you can visit 
Glenn Hanon
