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Make some notes about what type of home you want, and think about where you would like to live.
Once you decide which homes you want to see, I can conveniently schedule your appointments.
I will assist you every step, with explaining the documents, writing your Offer, the home inspection and Closing.
Once your Offer is accepted, you will need to submit earnest money which will be held in an escrow account by the Broker. MILWAUKEE – Milwaukee County Executive Chris Abele is proud to announce the Milwaukee County Foreclosure Initiative, a new program that will offer zero interest loans to help people purchase and fix up foreclosed homes.
Wells Fargo Bank, the City of Milwaukee and Select Milwaukee announced that NeighborhoodLIFT is coming to Milwaukee. The Wisconsin Neighborhood Advantage loan is available in select Wisconsin areas for the purchase of foreclosed and vacant homes. The Federal Housing Administration (FHA), which is part of the Department of Housing and Urban Development (HUD), administers various single family mortgage insurance programs.

The Section 203(k) program is the Department's primary program for the rehabilitation and repair of single family properties. Many lenders have successfully used the Section 203(k) program in partnership with state and local housing agencies and nonprofit organizations to rehabilitate properties. The Department also believes that the Section 203(k) program is an excellent means for lenders to demonstrate their commitment to lending in lower income communities and to help meet their responsibilities under the Community Reinvestment Act (CRA). If you have questions about the 203(k) program or are interested in getting a 203(k) insured mortgage loan, we suggest that you get in touch with an FHA-approved lender in your area or the Homeownership Center in your area.
This information contained on this Website is not intended as legal advice, and for specific legal questions you should contact a Real Estate Attorney.
Sorry but the property (Listing Number: 21526685) you were looking for has either been sold, removed from the market, relisted under a new number or your search criteria does not match the information in the listing record.
The Milwaukee County Foreclosure Initiative is a new program that will offer zero interest loans to help people purchase and fix up foreclosed homes.
These programs operate through FHA-approved lending institutions which submit applications to have the property appraised and have the buyer's credit approved.

As such, it is an important tool for community and neighborhood revitalization and for expanding homeownership opportunities. These lenders, along with state and local government agencies, have found ways to combine Section 203(k) with other financial resources, such as HUD's HOME, HOPE, and Community Development Block Grant Programs, to assist borrowers. HUD is committed to increasing homeownership opportunities for families in these communities and Section 203(k) is an excellent product for use with CRA-type lending programs.
Since these are the primary goals of HUD, the Department believes that Section 203(k) is an important program and we intend to continue to strongly support the program and the lenders that participate in it.
Several state housing finance agencies have designed programs, specifically for use with Section 203(k) and some lenders have also used the expertise of local housing agencies and nonprofit organizations to help manage the rehabilitation processing.

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22.02.2015 admin

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