The Market w/Jeff & Eirik | Episode 6: How to Buy a Home When You Have to Sell

Navigating the home buying process can be tricky in any market. But when it’s a strong seller’s market this process can become even more challenging.

With many homes seeing competitive offer situations home buyers need to find a way to stand out above the crowd. This can be difficult for current home owners who need to sell before buying their next home.

Jeff & Eirik discuss strategies current home owners can take to purchase when they are looking to buy a home, but also have a home to sell.

1:11: The HELOC and Bridge Loan
1:58: Can you qualify to buy without selling?
2:55: Find a home to buy, then list your home
3:16: List your home, then try to find a home to buy
3:50: Buy without a home sale contingency
4:07: Where does the down payment come from?
4:40: Sell your home and prepare for short term renting

Connect w/Eirik to apply for your Pre-Approval: http://erorvigmortgage.com/

Search Homes or Start Your Journey with The Minter Team:
https://www.TheMinterTeam.com

See our Home Selling Game Plan: https://theminterteam.com/sell/

Jeff & Paul Talk Sleep Inn Oregon, WI

Over the last few years in Oregon, Wisconsin there has been a lot of talk about the addition of the new hotel. From location to brand we’ve heard a lot of chatter.

Now that the Sleep Inn has finally settled in on the south east side of town Jeff thought it would be a great opportunity to meet up with Manager Paul Harms and see exactly what the hotel can offer to the Oregon community.

See what Paul has to say:
0:50: The local benefit
1:26: Is that a salt water pool?
1:50: Happy Birthday!
3:03: Show me the rooms!
3:27: The economic impact
4:28: We have bacon

The Market w/Jeff & Eirik | Episode 5: The Power of a Team

Who you choose to work with as your mortgage lender and Realtor can make all the difference between a smooth transaction and one filled with drama and hiccups.

Connecting with professionals that operate and function at a high level together can enhance your experience and success even further.  Jeff & Eirik discuss why they believe team work and synergy between the professionals you choose to work with can make all the difference in your home buying journey.

1:00: Why Jeff appreciates working with Eirik

1:46: Save the drama

2:40: It’s about trust

4:10: 100% responsibility

5:23: Communication, accessibility, and commitment to the client

6:07: The 3rd leg of the stool

Connect w/Eirik to apply for your Pre-Approval: http://erorvigmortgage.com/

Search Homes or Start Your Journey with The Minter Team: https://www.TheMinterTeam.com

The Market w/Jeff & Eirik | Episode 4: Serving First Time Home Buyers

First time home buyers bring unique experiences to the process.

There are questions surrounding mortgage options, credit requirements, how to write an offer, what happens at an inspection, and much, much more.

Jeff & Eirik discuss how they handle first time buyers and what to expect when starting the process.

1:00: It’s about the education

1:40: Eirik’s process

2:23: The value of trust

2:37: Jeff’s process

3:54: The budget & long term planning

5:08: Think about the resale

7:10: Timelines matter

8:25: Transitioning from a rental to your home

Connect w/Eirik to apply for your Pre-Approval: https://crosscountrymortgage.com/Wauw…

Search Homes or Start Your Journey with The Minter Team: https://www.TheMinterTeam.com

The Market w/Jeff & Eirik | Episode 3: Overcoming Hurdles to Get a Home Loan as a New Physician

Between the staggering amount of student loan debt, and relatively lower resident pay scales it can be challenging for new doctors to qualify for certain types of mortgages.

Enter the physician loan program.

With as little as 0% down, no private mortgage insurance, and the opportunity to overlook student loan debt there does exist an opportunity for new doctors to settle in as they begin their career.

Jeff & Eirik sat down to discuss how this mortgage program works and how it benefits new physicians.

1:17: 0% down, no PMI, no points
1:43: The challenge of being a new physician
2:12: Who qualifies?
2:54: Addressing student loan debt

Connect w/Eirik to apply for your Pre-Approval: https://crosscountrymortgage.com/Wauw…

Search Homes or Start Your Journey with The Minter Team:
https://www.TheMinterTeam.com

The Market w/Jeff & Eirik | Episode 2: How a Fast Track Mortgage Helps you Win in Todays Market

When the housing market gets tight, and there are high levels of competition for the best houses, home buyers need to find every angle possible to stand apart from the crowd when submitting an offer. In this episode Jeff & Eirik sat down to discuss how a fast track mortgage can help their clients win in a competitive market.

  • 1:10: What’s the FAST TRACK pre-approval?
  • 1:50: Why the FAST TRACK helps you stand out
  • 2:15: Close in 14 days?!
  • 2:27: Faster contingency deadlines = less risk
  • 2:50: Why a stronger pre-approval helps you WIN as a home buyer
  • 3:29: How can you apply for a FAST TRACK?

Connect w/Eirik to apply for your Pre-Approval: https://crosscountrymortgage.com/Wauw

Search Homes or Start Your Journey with The Minter Team: https://www.TheMinterTeam.com

Oregon WI Real Estate Market Update | March 2019

Sales dipped drastically in February while inventory, or the number of available homes, continues to stay low.

With a 38% decrease in new listings from the same time a year ago our mid-winter market has a number of opportunities for home sellers while buyers should remain patient while getting prepared to move quickly.

0:35: Only 3?!?!
0:48: Lowest month in over 8 years
0:53: Inventory up or down?
1:14: What’s going on?
1:51: Where are we going?
2:00: How many homes are available?
2:40: Winning as a home buyer
2:49: The new construction option

 

Search Oregon homes for sale at: https://theminterteam.com/homesearch/

Sales dipped drastically in February while inventory, or the number of available homes, continues to stay low.

With a 38% decrease in new listings from the same time a year ago our mid-winter market has a number of opportunities for home sellers while buyers should remain patient while getting prepared to move quickly.

0:35: Only 3?!?!
:48: Lowest month in over 8 years
:53: Inventory up or down?
1:14: What’s going on?
1:51: Where are we going?
2:00: How many homes are available?
2:40: Winning as a home buyer
2:49: The new construction option

Search Oregon homes for sale at: https://theminterteam.com/homesearch/

Sales dipped drastically in February while inventory, or the number of available homes, continues to stay low.

With a 38% decrease in new listings from the same time a year ago our mid-winter market has a number of opportunities for home sellers while buyers should remain patient while getting prepared to move quickly.

0:35: Only 3?!?!
:48: Lowest month in over 8 years
:53: Inventory up or down?
1:14: What’s going on?
1:51: Where are we going?
2:00: How many homes are available?
2:40: Winning as a home buyer
2:49: The new construction option

Search Oregon homes for sale at: https://theminterteam.com/homesearch/

Coming Soon | Home for Sale Oregon WI | 381 Liberty Park Drone

COMING SOON IN OREGON! 381 Liberty Park Drive

This gorgeous 4 bedroom, 2.5 bath, 3 car garage home boasts quality craftsmanship throughout and has so much to offer. Just wait until you see the kitchen & master bathroom…You’ll fall in love instantly

The Market w/Jeff & Eirik | Episode 1: Get the Home You Want by Winning with Your Pre-Approval

The Dane County real estate market is once again off to a hot start in 2019. After record setting years in 2016 and 2017 home sales were down slightly in 2018 but still stood in third place all-time for sales in Dane County.
 
Alongside the high number of sales we are in the middle of a massive shortage in available homes. While inventory has risen year over year for the last few months, we still entered 2019 with only 944 properties available…half when compared to the same time in 2014 and roughly 25% of the more than 3300 we saw available to start the year in 2011.
 
With sales happening due to high demand, but a shortage of available homes, we are seeing a very competitive market in most segments of our local housing market.
 
Jeff & Eirik sat down to discuss how a strong pre-approval letter can help their clients stand apart from the crowd when submitting offers this year.
 
0:54: A highly competitive market
1:08: STEP ONE towards buying a home
1:24: A pre-approval from “the other guy”
2:07: The FULLY UNDERWRITTEN pre-approval
2:50: Why a stronger pre-approval helps you WIN as a home buyer
3:25: Shrink timelines to compete
3:47: A 14 day financing contingency?!
➡️Connect w/ Eirik to apply for your Pre-Approval: https://crosscountrymortgage.com/Wauwatosa-WI-5701/Eirik-Rorvig/
 
➡️Search Homes or Start Your Journey with The Minter Team:
https://www.TheMinterTeam.com/homesearch
 
➡️Additional Information about Pre-approval Letters & Printable Checklist: https://theminterteam.com/documents-you-need-for-a-mortgage-pre-approval-free-printable/

Jeff & Cathy Talk Welcome Neighbor Oregon WI

Moving to a new town can be tough. Knowing where to shop, who to talk to about activities or services, or where to look for local amenities can be overwhelming when you add it on top of your physical relocation.

Since we love showing off our town of Oregon, WI we thought we should introduce you to our local expert Cathy Grender, the Welcome Neighbor Lady.

Cathy offers a FREE service for people new to town to catch everyone up to speed on all they need to know about our great community.

See what Cathy has to say:

1:20: The visit

2:12: Absolutely FREE

2:38: The more we support Oregon the better Oregon is going to be

3:27: The BEST thing

https://www.WelcomeNeighborOregon.com

February 2019 Newsletter: Market Update | Legacy Academy | March Madness

Is there a market slowdown? Hardly! Dane County finished 2018 with the 3rd most sales of all-time and our team is out to our fastest first quarter we have ever had. Things are moving in our area, and homes are definitely selling. We still have inventory issues with an extremely low number of homes available. While we saw an uptick in inventory this fall we’ve seen the winter put us back in a deep hole. Things look to remain a fairly strong market for home sellers, while smart and well prepared buyers can still do well in this year’s market. Want an update on Oregon’s housing market? See below for this month’s local stats.
 
Legacy Academy client event: The date for our next event is set. Our Legacy Academy event will be Sunday, April 7th from 4:30 to 6:30 PM. We would love for you to join us!
 
Madness: March Madness is almost here! That means both spring weather and one of the best times of the year for sports. Join our bracket challenge by tuning in to TheMinterTeam.com/NCAA once brackets are released and you could win a $50 gift card to the Great Dane.
Please join us for an afternoon of fun at Legacy Academy!
 
Space is limited so please RSVP using the link below and then mark your calendars. We’re looking forward to seeing everyone!

 

JOIN THE MINTER TEAM TOURNAMENT CHALLENGE!

Join us for this years Tournament Challenge for a chance to win a $50 gift card to the Great Dane.

Once brackets have been released, you may enter your bracket by visiting us at: TheMinterTeam.com/NCAA

 

 

Each month we will be featuring a business or person that helps make our community a better place. This month, Jeff talked with Chef Dave Heide at Charlie’s on Main in Oregon.

Since February is the month of love, we thought this would be a great time to introduce you to our favorite date night restaurant and Chef Dave. Charlie’s on Main offers a low key environment, great food, talented bartenders, and a unique speakeasy…if you can find it.
 
See what Dave has to say:
0:43: The inspiration behind Charlie’s on Main
1:15: What sets Charlie’s apart?
1:40: Community support
1:58: $2 cheese curds?!
2:37: Dave makes fun of Jeff’s preparation strategy
2:54: Eminem
 

 

2926 Richardson St, Fitchburg

$375,000

4 Beds | 3 Baths | Tons of Updates!

145 Prairie Grass Rd, Oregon

$219,000

3 Beds | 3.5 Baths | Private Entrance & Garage

116 S Franklin St, Stoughton

$175,000

2 Beds | 1.5 Baths | Original wide woodwork & flooring from 1900

312 W Cook St, Portage

$165,000

3 Beds | 1.5 Baths | Old world charm with modern touches

Jeff & Dave Talk Charlie’s on Main

February is the month of love and with Valentines Day just around the corner we thought this would be a great time to introduce you to our favorite date night restaurant with Chef Dave Heide at Charlie’s On Main.

Charlie’s On Main offers a low key environment, great food, talented bartenders, and a unique speakeasy…if you can find it.

See what Dave has to say:
0:43: The inspiration behind Charlie’s on Main
1:15: What sets Charlie’s apart?
1:40: Community support
1:58: $2 cheese curds?!
2:37: Dave makes fun of Jeff‘s preparation strategy
2:54: Eminem

December 2018 Newsletter: Be the Gift | Website Update | Featured Listings

This time of year we all tend to reflect a little. We try to take in life, to focus on the important things, to spend time with friends and family, and to plan for a more successful and enjoyable future.

But with that a lot of us can become stressed during the holiday season.

We’re stressed because we can’t get all our errands run, we are missing loved ones, or we are frustrated that we didn’t meet the goals we set for ourselves this year.  We can’t find the right gift, enough gifts, the house isn’t clean for guests, and we ran out of sugar for yet another batch of cookies. There’s travel, and parties, and you can’t believe you didn’t lose that weight this year.

The winter itself can be hard, but the expectations of the perfect holiday season combined with the pressures we place on ourselves for performance can definitely add to the struggles.

One thing I’m really trying hard to work on right now is to quit aiming for perfection, and to give myself a break. I’m definitely not perfect, and I never will be. But I can continue to wake up and do my best, to focus on who I want to be, and to keep taking steps in that direction no matter how often I fall.

So this year we encourage you to give yourself a break as well, because you too will not be perfect. We know you want to create the perfect Christmas for the kids, to have the house perfect for your visiting friends and family, or to get the perfect gift because it comes from your heart, but as my wife always says, the real gift is you….you are the gift, and you will always be the gift despite all the struggles you will face.

So give yourself a break and go be the gift this season. Be the gift to strangers, to your friends, family, and most importantly, be the gift to yourself.

Wishing you all the best for a wonderful holiday season in which you find time to recharge, reset, and take in all the wonderful things that truly matter in life.

We are excited to announce the launch of our new website!  Not only have we updated the look, navigation, and information, but it is now also mobile friendly with a ton of new features.

Our website now offers everything you need to search for up-to-date home listings.  Interested in being notified of the newest listings that match your criteria?  Then be sure to sign up for email alerts!

For those wondering how much their home is worth, we have added a free home valuation form.

If you have your home listed with us, it will show up right on our homepage under “Featured Listings” to give your home even more exposure!

As former teachers, we know that the only way we can learn and grow is from the people around us. If you check out our website and have any suggestions, feel free to send us a message. We would LOVE to hear your feedback!

3634 Hovde Rd, Madison

$225,000

3 Beds | 3 Baths | Large, Mature Lot

145 Prairie Grass Rd, Oregon

$219,000

3 Beds | 3.5 Baths | Private Entrance & Garage

June 2018 Newsletter: Mallards Thank You | Market Advice

A huge THANK YOU to everyone who joined us for our client appreciation event at the Mallards game this week! We had nearly 130 guest, along with a ton of fun. We are so appreciative of everyone who has supported The Minter Team these last few years.

Market Advice for Buyers: 2018 has been a challenging year for many homebuyers. But so was 2017, 2016, and 2015. In fact, the last 5-6 years have really pushed homebuyers in many areas out of their comfort zone as inventory of available homes continues to drop, prices rise, and competition picks up. We don’t know when the market will shift back to favor homebuyers, but in our current state we still believe we have awhile before we get to that point. So where does that leave us and how can homebuyers navigate the rest of 2018?

First of all, realize that buying a home is still an affordable option that makes financial sense despite rising prices and interest rates. You can read more on the effect of these rising numbers in a blog post we wrote a few years ago (www.TheMinterTeam.com/the-right-time-to-sell). While the numbers in that article have shifted, the main idea remains the same: As interest rates & prices rise the amount of home you can afford declines. We know that over time rates and prices will more than likely continue to rise. The question remains how quickly this will happen. What we can feel very confident advising clients on today is that there’s strong evidence supporting the idea that buying in 2018 will be a better financial option than waiting to purchase in 2019.

If you are already in the game and hunting for a home you need to be prepared to write an offer just outside of your comfort zone. Many homes, especially those under $300,000, are seeing multiple offers and eventually selling over asking price. Often these homes also include buyer concessions on appraisals or inspections. Keep the big picture in mind and realize that “winning” in this market means buying a great home, not beating the seller in negotiations.

Market Advice for Sellers: We have talked to a number of people who would love to make a move but are afraid to put their home on the market as they are struggling to find a home to move in to. This is certainly a valid concern, but one that needs to be addressed in some manner prior to making a purchase. We’ve filmed a short video explaining some options for problem solving this scenario that you can watch on our YouTube channel (youtu.be/jfESSbdleGY). Our advice would be to get your home on the market and then figure out the next steps. We know this is uncomfortable, but it’s the best way for you to stay in control of your move as writing offers with home sale contingencies is very difficult in today’s market.

When you are ready to take advantage of today’s sellers market and list your home you’ll want to remember that just because it’s a great time to sell a home doesn’t mean you should just slap a sign in the yard and call it a day. Sellers who are really winning in today’s market are doing everything they can up front to ensure their home is fully market ready, marketed correctly, and priced appropriately. Yes, you can probably secure an offer just by putting your home up for sale, but if your goal is to maximize your profit then making a stronger investment into your preparation and planning is the best route to take advantage of the opportunities today’s market offers. Watch “5 Steps to Prepare Your Home for Sale” for more on getting your home ready for the market (youtu.be/xRJECwSNZ78).

Make sure your home is marketed on the MLS and your agent has a clear plan to put the home in front of as many people as possible BEFORE you hit the market. Video, professional photography, and “coming soon” teasers are great ways to draw excitement about your home and bring buyers in that are fully prepared to write an offer.

Beyond preparing the home for market you’ll want to price it appropriately and not get too greedy out of the gates. Today’s homebuyers are smart. When sellers price too high in an effort to see what they can get, or to leave room to negotiate, many buyers will pass on the home all together. This leaves the home on the market for longer than it should be, and that almost always leads to a lower final sales price. Smart sellers are pricing their homes where they belong, and allowing the market to raise the price through buyer competition.

Pin It on Pinterest