Posts Tagged ‘Keller Williams Realty’

NEW – Sun Prairie Foreclosure

February 6, 2009

This 3 bedroom, 1200+ square foot ranch home has just been put on the market.  It is a foreclosure and priced below $120,000.  The assessed value is over $50,000 more then the asking price.   There are hardwood floors, a 2 car garage and a large basement.  Minimal TLC will be needed.  This home would make a great rental or a flip. This one won’t last long!

 

Mindy Allen,Broker Associate

Keller Williams Realty

608-692-0220

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Missed Opportunity on Madison’s East Side – Sold Foreclosure

January 27, 2009

This 3 bedroom, 2 bathroom home sold for under $150,000 – over $35,000 UNDER assessed value in only 16 days.  With over 1200 square feet, a 2 car garage and a fireplace, this home would’ve looked great in YOUR portfolio.  Wish you could’ve been the buyer?  I can send you the foreclosures as they become available!

Mindy Allen, Broker Associate

Keller Williams Realty

608-692-0220

New Foreclosures on Madison’s North Side

January 12, 2009

This 3 bedroom foreclosure is priced close to $100,000, more then $60,000 UNDER assessed value. With over 1000 square feet, and a fenced in yard, this home would make a great addition to your investment portfolio!

Like to take a look? Give me a call at 608-692-0220

Mindy Allen, Broker Associate

Keller Williams Realty

Investing Myth #4: Successful Investors Are Able To Time The Market

January 12, 2009

Truth: In Successful Investing, the Timing Finds You

The key here to remember, is the economy, the market, etc is all cylical.  Buying and selling opportunities are created by this ebb and flow of the cycle.

Remember, being active in the market, does not always been that you are buying and selling all the time.  You have to stay engaged in the market to understand and learn the cycles from when a market changes from a buyers to a sellers market, or when foreclosures are priced too high, or when bank inventory is high that list price is too high. 

Here in Wisconsin, we didn’t have the “booms” that other markets such as California, Las Vegas and Arizona saw, thus, we also didn’t have the same crashes.  We have seen increases in sales prices consistently throughout. Remember when looking at the cycles in the market, real estate is ALL LOCAL!

Timing isn’t about being in the right place at the right time; its about being at the right place ALL the time.

 

Mindy Allen, Broker Associate

Keller Williams Realty

Completely Gutted 2 bedroom in Madison, Wisconsin

January 9, 2009

Looking for a blank slate?  Then this 2 bedroom home on Madison’s East side is for you! Priced below $70,000 (and last sold for $115,000 in June of 2006), this home comes with all the building materials!  Just bring some muscle and this could make a great rental or flip property!

Mindy Allen

mindy@forsalebymindy.com

Missed Opportunity – 4 bedroom home in Sun Prairie

January 2, 2009

This 4 bedroom, 3 bathroom, 11 year old home in Sun Prairie sold for under $200,000.  That is more then $90,000 under assessed value. This short sale allowed someone a great opportunity to pick up a well priced home in great condition.  Upset you missed out? Contact me and I can let you know about these great deals as they come on the market.

Mindy Allen, Broker Associate

Keller Williams Realty

4 bedroom foreclosure on Madison’s West Side

January 2, 2009

Great new 4 bedroom, 3 bathroom foreclosure listed on Madison’s West Side.  Priced at under $150,000, this 1600+ square foot home is assessed at more then $236,000.  Instanty equity is available with a little TLC. Ready to take a look? Let me know!

Mindy Allen, Broker Associate

Keller Williams Realty

Investing myth 3: Investing is Risky, I’ll lose my money!

January 2, 2009

TRUTH: Investing, by definition, is not risky.  Yes, you may think that in the real estate market we’re in, there are huge risks.  The truth is, now is the time to buy.  Look at who is currently spending their money to buy up stocks, properties, companies…its those people that are currently wealthy.  They know that now is a great time to buy, as stocks, real estate, etc is at a low point, and the profit potential is great.

Becoming a real estate investor isn’t about taking risks. It is about having sound criteria, the patience to find the right opportunity, and a willingness to take the correct action quickly.  As a general rule of thumb, investors know how to minimize their risk, while maximizing their return.

I am an expert in my market here in south central Wisconsin.  Are you ready to become a real estate investor, let me know and I can help you by finding you the right properties at the right prices.

Mindy Allen, Broker Associate

Keller Williams Realty

Super Clean Foreclosure – Stoughton, Wisconsin

December 28, 2008

Ready to invest in a foreclosure that needs nearly NO work?  Then this 3 bedroom home in Stoughton is for you.  Priced nearly $40,000 UNDER assessed value, this home is ready for you to either move into with instant equity, ready to rent, or ready for you to add a few finishing touches for a profit.  Want to take a look? I’d love to show you this one, and others that are currently on the market!

Mindy Allen, Broker Associate, ABR, Realtor

Keller Williams Realty

Working on a Fix and Flip … WITH family!

December 28, 2008

Yes, not only do I help my clients properties to fix and sell for profit, but I do the same for myself.  Recently, I have had the um, fortunate, opportunity to do a project with my family. 

In the past, it has just been my husband and myself, and we have been very sucessful at making a profit, every single time.  We had our disagreements, but with only two “cooks in the kitchen,” decision making wasn’t too hard.  We were able to quickly agree on cabinets, paint colors, flooring choices, etc.

Fast forward to our current project…there are 4 of us involved in this project.  Its a 4 bedroom, 2300 square foot home on a country lot in Cottage Grove, Wisconsin. The home is structurally sound and we basically finished it from the studs out. The participants are my husband and I (both experienced flippers) and my parents (newbies).  I also have the benefit of being a Realtor, so I know what buyers look for in their new home, what they don’t look for, and in which rooms we should invest the most. Lets just say, the decision making process has been a bit longer then usual.  We disagreed on everything from lighting to flooring to what details needed to be addressed and which ones didn’t (ie the screws on the hinges of the doors…no, I’m NOT kidding). I finally ended up being the one to do all the shopping for fixtures, flooring, countertops, etc.  Things went much smoother at that point. We are  near the end of the project and should be finished in the next couple of days.  The house looks fantastic and should make any family a great home. We were even able to stay under budget, and still put in high end finishes, fixtures and appliances.

My question is this; Has anyone else had the pleasure of this experience?  We plan on making a go of this, but any suggestions on keeping the peace would be helpful!