Buying Tips

Buying a Home in Madison & South Central Wisconsin: Real Estate Buying Tips

Found 120 blog entries about Buying Tips.

When it comes to hiring the right realtor, it can be very beneficial to reflect on a few good questions before choosing your agent. By asking the right questions upfront, you can feel confident that you've chosen the right agent to guide you along your buying or selling journey. With this spirit in mind, here are 4 key questions buyers and sellers should be asking before partnering with a realtor in this year's complex market. 

real estate agent interview questions

Four key realtor interview questions in 2021

1) As a seller, how should I price and market my home in order to take full advantage of this year's market? 

2) As a buyer, how can you help me find my dream home when supply is so low? 

3) What strategies do you recommend for writing an offer to purchase in this year's

340 Views, 0 Comments

Having weathered a year of the COVID pandemic, it's not hard to see the many ways our lives have been affected. For some homebuyers, job changes or furloughs may have decreased the amount of home they can afford. Other potential buyers have shifted to more self-employment work and aren't sure how that affects their financing. Patrick Averill of Thompson Kane has been helping many of our clients secure financing during this unique time. He recently shared a few insights with us about the current lending climate.

Q: How has the lending market changed with COVID? Is it more difficult to secure a loan?

Patrick Averill of Thompson Kane

Patrick: Due to COVID, underwriting guidelines have become more strict than they used to be. More up-to-the minute income information is required

293 Views, 0 Comments

At some price points, cash offers and escalating prices have made it more difficult for financed buyers to be competitive - especially if they’re only able to put 3-5% down. But, there are ways buyers can stand out in this situation. One way to appear more competitive in a tight market is through your lender. Dave Grauwels of Guild Mortgage helps many of our clients. He recently chatted with us to share how he and his team help his customers go through the offer process with a competitive edge. Read his top three strategies below.

Dave's Tips for Being Competitive as a Financed Buyer

Dave Grauwels of Guild Mortgage

  1. Get your pre-approval underwritten so your offer is nearly as appealing as cash. If a buyer starts the pre approval process early in their search, we can
273 Views, 0 Comments

Are you looking for a home in an established neighborhood, but can’t seem to find any options? We rounded up a selection of established neighborhoods that consistently have a good amount of inventory available. From communities with historic bungalows to houses in growing neighborhoods with a wide variety of inventory, these neighborhoods have options for many types of buyers. Check out the neighborhood profiles for each community to see all the latest listings.

Photo of Grandview Commons neighborhood

Are you searching for your perfect home? Contact one of our experienced agents for a consultation. We would love to help guide you through the process of buying your dream home!

Birchwood Point - Located on the far west side of Madison, Birchwood Point is near shops and dining in Madison

291 Views, 0 Comments

15 ways to write a winning offerIf you're buying in 2021, your offer to purchase will likely be up against offers from other motivated buyers. Below are 26 ways you can make your offer stand out from the competition and be the one that gets accepted. Of course the strategies you use will depend a lot on the type and condition of the property, your level of motivation, and how much competition you have from other parties. 

26 Ways to Write a Winning Offer

#1: Submit your mortgage pre-approval from a reputable, local lender. A pre-approval from an out-of-town or big box lender can create doubt in the mind of a seller. For example, we've seen sellers disregard offers from buyers who are pre-approved by an internet lender. Give your seller every reason to believe your pre-approval is

11,888 Views, 0 Comments

A great perk of living the condo lifestyle is that you can swap outdoor chores like snow removal and yard work for getting outside for fun. There are many great conservancies and parks with endless opportunities to hike in the Madison area, and some condo communities are lucky enough to have them right outside their door. For some buyers, having easy access to beautiful outdoor spaces is a must-have item on their wish list. Below is a roundup of some of our favorite condo communities that happen to be a short walk to a conservancy or hiking spot.

Do you need help finding a condo that best suits your lifestyle? Contact one of our experienced agents.

Harbor Village - Explore the oak savanna and wetland prairies at Pheasant Branch Conservancy,

359 Views, 0 Comments

Now that we're on the other side of the holidays, we're seeing new listings enter the market at a much faster pace. And the pace will accelerate as we get closer and closer to Spring. As more and more new properties hit the market, we'll see more and more new buyers competing for these properties, too. 

Buying a Home in Madison WI in 2021

Buying your dream home in 2021

This year's real estate market will be very competitive. So, if you're serious about buying your dream home this year, please reach out to your favorite Mad City Dream Homes realtor for a short consultation. We'll discuss your goals for buying your dream home, your financing plans, and how we can work together to make your dream home happen in 2021. 

Last year we helped more people achieve their home ownership

458 Views, 0 Comments

Many buyers have a preferred neighborhood or condo community in mind when they start searching for a home. However, there are not always homes for sale on the market that match their criteria. How do you find an unlisted home in that oh-so-perfect neighborhood or condo community? Our agents have been successful in helping our clients discover these properties with letter writing campaigns. A letter writing campaign is a targeted marketing strategy that can connect buyers with their ideal home - before it comes on the market. Read on for tips from Maureen Moran and Dan Miller on how to leverage this strategy.

Why do letter campaigns work? They often provide a benefit to both the buyer and seller, and lead to an easier sale.

Maureen Moran

Maureen: Receiving

352 Views, 0 Comments

The home inspection is an important milestone in the home buying and selling process, and sometimes it can be a big sticking point. It’s not uncommon for a home inspection to reveal a few issues that buyers feel need to be addressed and the sellers say, “no way.” How can buyers and sellers work through this apparent impasse? A few of our realtors share some of the strategies they have used to help buyers navigate their inspection contingency - without jeopardizing the sale.

Five ways we help buyers navigate tricky inspections

Five ways we help buyers navigate tricky inspections

1. Be professional

Sometimes inspections bring forth issues that sellers weren’t aware of, or disagree with. Sellers can even be offended by the results. We help by focusing the conversation on issues that negatively

369 Views, 0 Comments

Falling in love is part of the home buying process for many. You walk into a home and you just know it’s the one. Interestingly enough, a “love letter” can sometimes seal the deal for prospective buyers. In the context of real estate, a love letter is a letter penned from the buyer to the current owner of their dream home. Not all sellers are swayed by these letters, but in some situations a love letter can tip the scales in the favor of that buyer. Even when there are multiple offers. In this article, our team of Realtors share their insights about love letters, and how they can help you buy your dream home.

Chris Venden

Chris Venden has had several buyers write love letters to sellers since she got into real estate 15 years ago. “I think it helps pave the

457 Views, 0 Comments

Sign up for email updates