RE/MAX Realty Center- Heidi Buchberger- HAPPY THANKSGIVING

RE/MAX Realty Center- Heidi Buchberger is so Thankful today!





I want to express my deepest THANK YOU's to my family, friends, colleagues, and others for trusting in my real estate services this year and every year! You are what helps make my business grow, and evolve. Thank you for sharing my photos on social media, watching my videos on youtube, and connecting with me through out the year! This blog is for YOU! I am so thankful! I hope to continue to help you with all your real estate needs, and please keep sending those referrals!!

HAPPY THANKSGIVING!! 

How to Make Offers That (Nearly) Guarantee You Can’t Lose

How to Make Offers That (Nearly) Guarantee You Can’t Lose

Wish you could make real estate offers that guaranteed you couldn’t lose?

One of the big challenges for real estate investors today is making good offers. There are lots of potential opportunities out there, but you don’t want to be making offers you’ll regret. You don’t want to miss good deals. You don’t want to overpay and lose money either. So how do you make winning offers?

I recently published a case study on my first experience buying investment property sight-unseen. It worked out for my partner and me. It wasn’t our plan, but it worked out because we made the right type of offer.

KNOW YOUR MARKET

The most important factor in making great offers is really knowing your market. That means knowing property values, knowing the rents, and knowing the costs to rehab a property in that specific area. This can help ensure you don’t offer too much. It can also make sure you don’t miss a good deal by offering too little. If you know the area better than the competition, you can sometimes offer more and land the winning bid. This may be because you know how much you can really rent it for, you may recognize if local trends are lifting up the neighborhood, and you might have a strong local contractor team that can get the job done for less than another investor.

Related: How (and Why) I Offer on Properties BEFORE I Ever Step Foot in the House

One mistake that many new investors make is just firing off a lot of low-ball offers. They often do this just based on the asking price — or sometimes based on really unreliable online comp tools. That’s crazy. If a property is overpriced by $150,000 and you offer $100,000 less than asking price, you still aren’t getting a good deal. If your comp tools are poor, then you might also be losing out on a great deal that was already underpriced. Many also overlook the fact that they are burning a lot of connections by sending offers that just insult agents and sellers. You tie up their time and are not taken seriously. Then when there is a deal you really want, they might not even look at it.

LOW BUT EDUCATED OFFERS

We always make educated offers based on the numbers. That still often looks like a low-ball offer on paper, but it is an educated offer. We can back up our offers with the math. We can even accompany our offers with reasonable justification for why it is the best deal for the seller and their agent. This is completely different than just blanketing the market with blind low-ball offers.

Related: 8 Tips to Put Your Real Estate Offer in the Best Light — And Get it Accepted

Generally, we’ll come up with our number based on the worst case scenario. That “guarantees” we can’t lose. If we don’t encounter the worst case, then we make even more money than planned. That’s usually what happens. For example, if we are buying an auction property and can’t get it inspected, then we’ll assume it is a complete gut rehab job. We’ll price that into our offer. If we can get in, we’ll run the numbers thoroughly and do a detailed scope of work. Sometimes there will be things you can’t inspect for some reason. You may see signs of a leak but can’t rip open the drywall to check out if it is old or fresh, or you may be unable to access one unit in a triplex. Or there could be a situation with an existing occupant or tenant who is being evicted. Always price for the worst case scenario.

PROTECT YOUR INTERESTS

Contract contingencies are another way to protect yourself, too. Depending on how the property is being sold and what market you are in, you might not be able to get in all of the contingencies you want, but they can still be great negotiating points. This may include the number of days you have to inspect, title reports, appraisal reports, and even financing contingencies. Find out what is typical in your area and draft your offer in way that makes it likely to be accepted, but still protects your interests. "biggerpockets.com"

Buying a Home in Wisconsin this Fall? Read This!

Contact me today! I will help you find the best home for you by listening to your needs, and helping you every step of the way, just ask! 

Heidi Buchberger 262-443-2672- Leave a Comment and visit my website or download the RE/MAX App to search for the latest listings! 

Should I use a Real Estate Broker to Purchase a Home?

Should I use a real estate broker? How do I find one?

• "Answer: Using a real estate broker is a very good idea. All the details involved in home buying, particularly the financial ones, can be mind-boggling. A good real estate professional can guide you through the entire process and make the experience much easier. A real estate broker will be well-acquainted with all the important things you'll want to know about a neighborhood you may be considering...the quality of schools, the number of children in the area, the safety of the neighborhood, traffic volume, and more. He or she will help you figure the price range you can afford and search the ads and multiple listing services for homes you'll want to see. With immediate access to homes as soon as they're put on the market, the Realtor can save you hours of wasted driving-around time. When it's time to make an offer on a home, the Realtor can point out ways to structure your deal to save you money. He or she will explain the advantages and disadvantages of different types of mortgages, guide you through the paperwork, and be there to hold your hand and answer last-minute questions when you sign the final papers at closing. And you don't have to pay the Realtor anything as yours Buyers Agent! The payment comes from the home seller - not from the buyer.  By the way, if you want to buy a HUD home (foreclosure,) you will be required to use a real estate agent to submit your bid. " hud.com

Contact Heidi Buchberger RE/MAX Realty Center, to get new listings of homes for sale, and foreclosures! Experienced and dedicated to working with home buyers in Waukesha, Jefferson, Milwaukee. 

Market your home on 900+ Websites- List to Sell with Heidi Buchberger RE/MAX Realty Center

I will market your property for sale on 900+ websites!

List to Sell with Heidi Buchberger RE/MAX Realty Center



Waukesha County Real Estate Specialist!

Are you marketing your home for sale with THE MOST EXPOSURE in the real estate industry? 

I would love to help you!!

6 Ways to Prep Your Yard for Winter

6 Ways to Prep Your Yard for Winter

You may still be picking your final tomatoes and enjoying the last flower blooms but it's time to take care for those pre-winter tasks that will help make next year's yard and garden even more lovely. Here's a list to hit before the snow starts falling.

1. Take care of those bald spots

Overseeding bald spots in the fall is like Rogaine for your lawn. Autumn's a good time for aerating, too.

2. Leave ornamental grass alone

Don't cut back the tops of ornamental grasses before early spring. The top growth helps insulate the root, keeping the source of next year's growth nice and snug.

3. Empty the tank

Store your mower with an empty tank over the winter. Have a bit of gas left? Mow over the leaves on your lawn for a natural mulch.

4. Speaking of mulch…

Mulching in fall can be even more beneficial for plants than doing it in spring. Spreading two to three inches of mulch around trees and shrubs helps protect roots from frost and helps retain moisture during cold, dry winter months.

5. Maintain your hose and pipes

Drain your hoses and store them in the basement, shed or garage. Blow out your sprinkler system. Drain your water features. Stash watering cans, especially galvanized steel cans, indoors. Water left over the winter can freeze, expand and damage them all.

6. Put the tools to bed

Before storing your garden tools for the winter, clean them off and, if needed, sharpen them. Rub a bit of linseed oil into wooden handles to prevent cracking. When it's time to pull them out in the spring, you'll be ready to go.

A well-kept yard can increase the value of your home. Find out more ways to enhance your investment by talking to a Realtor. Find one here.

Contact Heidi Buchberger for all your Real Estate needs!! 

262-443-2672

Heidi.Buchberger03@gmail.com

SOLD- 517 Summit Ave Oconomowoc, WI 53066

517 Summit Ave Oconomowoc, WI 53066
Sold Date: 11/1/2016
Sold Price: 163,000.00



Contact Heidi Buchberger RE/MAX Realty Center 357 W Wisconsin Ave Oconomowoc, WI 53066 for all your home buying questions!! I am always available to help you with your home search, and through the entire home buying process!! 

SEARCH for Homes For Sale on my website:
www.heidibuchberger.com