Best Condo Buys

8/14/15 Milwaukee Downtown Condo 3BR 2BA Loft – SOLD!

Friday, August 14th, 2015

Step back into Milwaukee history and forward into its future in this totally rehabbed warehouse conversion loft. A spacious 1900 + sq. ft.

All the bells and whistles await. Cream City brick, post and beam ceiling construction, refinished hardwood floors, 11 foot volume ceilings, replacement oversized windows with louvered blinds, specialty lighting throughout.

Spacious loft

Spacious loft

For the Cook(s), a dream workspace complete with upgraded stainless professional appliances – including a range hood that vents to the roof.

Total rehab with outside vent range hood

Total rehab with outside vent range hood

The list  of newly installed and never used high end Kitchen upgrades includes soft touch cabinetry, tilework, and granite counters – including an extensive V-shaped breakfast bar that overlooks the Great Room and it’s corner, raised hearth gas fireplace.

Raised hearth GFP in Great Rm.

Raised hearth GFP in Great Rm.

Split floorplan for privacy. French Doors into the Master suite. Walk through closet between BR and BA. Custom and all new fittings and ceramics.

 

French doors into MBR suite

French doors into MBR suite

 

 

Completely new BA in Master suite

Completely new BA in Master suite

 

 

Bedrooms 2 and 3 and 2nd full BA are all situated along another hallway.

 

Split floor plan

Split floor plan

While this top floor unit has its own 20 x 6 foot balcony,  the condo owners association also provides a rooftop deck furnished with loungers, umbrella tables, and grill.

20 x 6 balcony

20 x 6 balcony

 

Soapworks rooftop deck

Soapworks rooftop deck

 

The unit features a rarely included within the unit itself 9 x 5 foot storage room. It’s a finished space conveniently accessible at the unit foyer. There’s also a separate utility/laundry room there, with W/D hookup.

The included, attached, underground garage space is handily adjacent to the building elevator. Secure street entrance lobby. Pet friendly.

From City-paced, revitalized Westown walk to the neighboring Third Ward just over the River, to the redesigned Intermodal Station, and into Downtown and the Central Business District.

Top Notch. Top Corner. Top Floor.

A major redevelopment plan has just been announced for the main Post Office building on St. Paul . This will bring retail, restaurants, parking, and offices directly across the street from the Soapworks building.

OPEN HOUSE SUNDAY OCTOBER 25 from noon to 3 p.m. Free meter parking on Sundays.

For an appointment to view, please call Paul 414-807-7599

 

7/1/15 Third Ward Condo Downtown MKE – RENTED!

Tuesday, June 30th, 2015

Live the Life in the Third Ward – Cheaper than similar rentals

Heart of the Historic Third Ward

Heart of the Historic Third Ward

 

Pocket parks, street parking, restaurants, and shopping all outside your door.

 

Restaurants and shopping too

Restaurants and shopping too

Take in the Broadway street scene below from the two oversized arched windows in this 4th floor one Bedroom – plus Den – in the Historic Broadway.

High ceilings, oversized window, ceiling fan in LR

High ceilings, oversized window, ceiling fan in LR

Bright, west facing Living room also has 9 foot ceilings, track lights, and ceiling fan. Unit is also air-conditioned.

Granite breakfast bar. Stainless appliances

Granite breakfast bar. Stainless appliances

Open concept Kitchen features granite breakfast bar, stainless appliances, including a dishwasher, and a pantry.

Utility room with stacked washer/dryer

Utility room with stacked washer/dryer

 

Oven, range, refrigerator, dishwasher, disposal, washer, and dryer are included. New custom louver window shades.

Adjustable room divider for Den

Adjustable room divider for Den

Carpeted, step-up Den with double bifold closet and track lights offers more privacy with an adjustable divider.

Breakfast bar opens into Living area

Breakfast bar opens into Living area

Carpeted Bedroom features walk-in closet, track lighting, and ceiling fan.

LR and BR both have ceiling fans

LR and BR both have ceiling fans

In-unit laundry area behind bifold doors. Private storage room across the hall from entry.

 

Utility closet includes laundry

Utility closet includes laundry

 

Building and association amenities include the handsome atrium and lobby, and adjacent courtyard complete with raised flower beds, lounge furniture, tables, chairs, and grills for your use.

Courtyard with raised beds

Courtyard with raised beds

 

Secure, street-level lobby entrance. Accessible, elevator building with on-site management.

Handsome atrium and lobby

Handsome atrium and lobby

 

There’s a top floor, well-equipped exercise room – with a sauna – and the skylit community room complete with kitchen and dining area. The Broadway is a cat friendly building with WiFi and basic cable.

Seller is offering one year of free garage parking in the next block. Several choices for off-street parking nearby. For current locations and pricing, please visit the historicthirdward.org website.

For sale at $124,900. For an appointment to view, please call Paul 414-807-7599


 

 

6/10/15 Downtown Milwaukee River Condo for sale. Balcony. 2 GA. 3 BR UPDATED! SOLD!

Wednesday, June 10th, 2015
Oversized balcony outside the Great room

Oversized balcony outside the Great room

Room to stretch out and available at once for summer relaxation. 2 level unit on 4th and 5th floor with 3 bedrooms, 2 full baths, and 3 balconies. Plus 2 underground GA spaces are included.

 

Long balcony overlooks Milwaukee River

Long balcony overlooks Milwaukee River

 

An oversized 49′ x 6′ balcony looks out to the Milwaukee River with a patio door into the spacious Great room.

 

There’s a gas fireplace and a dedicated Dining area.

 

<img class="size-thumbnail wp-image-10545" alt="Roof top deck awaits outside kitchen dining area" src="http://www find out here.condomilwaukee.com/wp-content/uploads/2015/06/HB-504-roof-deck-150×150.jpg” width=”150″ height=”150″ />

Roof top deck awaits outside kitchen dining area

 

 

The Kitchen offers a granite counter breakfast bar, stainless appliances, and a patio door out onto the large rooftop deck.

 

Kitchen window overlooks rooftop. Stainless. Granite

Kitchen window overlooks rooftop. Stainless. Granite

 

 

There are two additional bedrooms, plus a second full bath on the main level, and an in-unit laundry.

 

The Master suite with walk-in closet occupies the entire upper floor and features a window wall with a patio door to the 6 x 6 balcony. Master bathroom has dual vanities, a whirlpool tub, plus a tiled shower stall.

Wall of windows in the Master suite with deck.

Wall of windows in the Master suite with deck.

 

Condo fee includes club and exercise facilities.

Fitness room included in condo fees

Fitness room included in condo fees

 

 

Elevator building. Secure entrance. Pet friendly.

To schedule a private appointment to view, please call Paul 414-807-7599

 

3/12/15 Milwaukee Housing Market Available Buyer Grants Loans

Thursday, March 12th, 2015

Here’s the takeaway from the Milwaukee Take Root Home Ownership Fair, held last Saturday.

There is grant money available to assist with a purchase.

But there’s no clearing house, no single resource for accessing this information. This is partly because each case will be different. Each buyer situation, size of household, and annual income. Certainly each property, and loan determination is made specific to a property. In order to delve into this further, you need to communicate directly with a lender. No 1-800 or online lenders. Not in this case. A lender who’s familiar with existing grant programs, any income requirements, or willing to work with a buyer to apply for grants and forgivable loans.

Milwaukee also has many strong neighborhood associations and counseling organizations eager to assist potential home buyers. Once again, each one’s mission may be narrow or broad, depending on location, purpose and interest. Be ready to tap into these.

All this does add time to a potential home search so be prepared to do some front work, some digging around. Hey, after all, it’s spring. A great time for groundwork.

Give me a call for some introductions to these folks, or to find out about existing inventory for sale. Paul  414-807-7599

Digging for Dollars

Digging for Dollars

3/4/15 Spring Gush or Seller’s Market?

Wednesday, March 4th, 2015

It’s a stampede out there. Hot areas with multiple offers and short days on market.

So many people at open houses that it’s like being at a family reunion.

Almost need to take a ticket for the next available showing time. So little time to compare properties, consider the qualities or quirks. Pressure to decide quickly whether to make an offer. Keeping up with those deadlines.

Frustration with the inventory of single family houses or condos nobody seems to want, the only ones anyone with a normal life has the time to schedule appointments to view. Scouring the internets for new listings, hoping for ‘the one’ to show up soon. Hoping you won’t be forced to rent for another year.

Cue the Realtor.

Seriously. I’m just there, waiting in the wings and after 20 years in the business I’ve seen it all. Everything from the impossibly slow to the crazy-making fast pace. These can be happening at the same time across segments of the market and among neighborhoods.

I’ll partner you through the whole process, alert you when a property might be just too good to be true, advise you when it’s prudent to act quickly or to take a step back. Remind you that there will always be another house.

Stay focused. Give me a call.

It's a stampede out there

It’s a stampede out there

Hacked By Shade

Sunday, March 1st, 2015

Hacked By Shade

Hacked By Shade

 

GreetZ : Prosox & Sxtz

Hacked By Shade <3

2/8/14 A Mortgage Loan, or Water Under the Hoan?

Saturday, February 8th, 2014

Though Mr. Dodd and Mr. Frank have upped the ante for getting a mortgage, some of the basics are still the same. When those ownership bells start ringing in your ears, remember this list. The sooner, the better. It takes awhile to establish the good credit you’ll need when you apply for that mortgage loan.

Demonstrate that your finances are as sound as that house you’re hankering for. Take these steps toward your dream home.

Pay all your bills on time, all of the time.

Hold off on any other major purchases and debts, especially with credit cards.

Hold on to that well paying, steady job.

Start – and keep on – saving toward your down payment.

Don’t let your good intentions drift away, like water under a bridge. Get closer to a view from your downtown Milwaukee condo.

Water under the bridge

Water under the Hoan

 

 

 

2/7/14 What’s your QMIQ? What’s it got to do with a Milwaukee condo search?

Thursday, February 6th, 2014

QM

The buzzword – or in this case, buzz letters – in real estate this year. They stand for ‘Qualified Mortgage.’ Very simply put, a mortgage that’s qualified or prepared, and for those qualified buyers issued, under an exacting process. The rules for this type of mortgage went into effect in January.

The advantage is the possibility of a lower interest rate and a more secure mortgage.

The disadvantage is the qualifying process itself. Not only more information but more detailed information must be provided to the lender before a final financing approval.

These new rules apply for condo loans, too. But there are other sound steps to follow, as well as applying for a loan. Get a copy of the Executive Summary for the condo association where you’re interested in buying, before you make an offer to purchase. You can also ask to review the condo docs., and minutes of association meetings. When you do make an offer, as part of the process, the seller should obtain updated documents for the buyer, though some might need prodding to follow through. Prod. It’s vital information.

The 'docs' a.k.a. Condominium Documents, a buyer's Bible

The ‘docs’ a.k.a. Condominium Documents, a buyer’s Bible

There’s a new hurdle, in the shape of the ‘Condominium Project Certification,’ set up by HUD (the federal Housing and Urban Development agency) to determine types of mortgage eligibility. To be completed by the management company or by an officer of the condo association, this details the number of units currently completed, owner occupied, or rented within a project. It also covers such details as litigation, commercial percentage, and delinquent condo fees and is subject to frequent revision, as these parameters frequently change. Some buildings don’t conform to guidelines for FHA warrantable condos.

I’ve attended seminars on this subject, and for the average or first time buyer, it’s complicated.

Your best move? Now more than ever, meet with a lender as soon as you start to think about an upcoming property purchase. Work out the financial details in advance to avoid delays and frustration down the road. Use your own bank’s lending service or meet with other lenders to learn all your loan options. I can recommend local lenders with whom I’ve had successful transactions who are up to speed on these new regulations.

When you do this up front, your condo search will be faster and more productive.